03 Feb 2022 The Finance Minister presented a very growth-oriented and transformative budget which will not only strengthen the economic recovery currently underway, but also lay the foundation for bolstering the medium to long term growth potential of the economy. Indian industry welcomes the government’s unwavering commitment towards boosting investments,…
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Budget retains growth focus
03 Feb 2022 The Union Budget 2022-23 was truly a transformative and visionary document, which laid the blueprint for the next 25 years through boosting investments, creating jobs, improving ease of doing business, maintaining tax stability and support to the stressed sectors. The four key priorities outlined in the budget…
Laying the Roadmap for India at 100
03 Feb 2022 Delivering on the promise of introducing a series of growth-oriented and significant reform initiatives, the Union Budget 2022-23 laid down the roadmap for establishing India as a global force to reckon with as it turns 100 in the year 2047. With a view to provide further fillip…
Budget will pave the way for economic recovery
03 Feb 2022 The Union Budget, presented by Finance Minister Nirmala Sitharaman on February 1, 2022, has several forward-looking reforms and announcements that are expected to re-energise the growth engines of the economy. Progressive and growth-oriented, this year’s Budget has introduced wide-ranging reforms across sectors focussing on infrastructure, digital economy,…
A transformational Budget for high, sustained growth
03 Feb 2022 India crosses the important milestone of completing 75 years of Independence this year — a watershed moment for the country which makes us reflect on our momentous economic journey so far. It is also an occasion to take steps to fast forward our dream of a developed…
Budget must pave way for ambitious decadal growth
21 Jan 2022 India’s economy has seen a sharp rebound after the first two waves of the Covid-19 pandemic and is expected to be the fastest growing major economy this year. It’s time for us to be ambitious and aim to be the fastest growing major economy for at least…
Budget 2022: Infrastructure Investment for future growth
20 Jan 2022 The Union Budget period is a time when we, as a nation, reflect on our achievements and chalk out our path for the coming year. The Centre has so far been able to maintain its financial trajectory with the fiscal deficit at 46.2% of the Budget Estimate…
India Inc.’s growth story – CII’s recommendations for Union Budget 2022 – 23
17 Jan 2022 We have witnessed multiple reforms and bold initiatives by the Government to bring the Indian economy back on track. Some key interventions which stand out includes the announcement of the new PSE policy, which places the private sector at the centre stage; the privatization of Air India,…
Economic indicators show robust rebound
05 Jan 2022 As we ring in the New Year, questions that come to our mind are: what is the scorecard of the economy? Whether the economy is on the path of sustainable recovery? And what are the challenges ahead? There are enough indications that, having put behind the devastating…
Economic activity in India is set to gather steam in the new year
28 Dec 2021 With a new year to be ushered in shortly, there is much anticipation about what lies ahead for Indian industry and India’s economy. The big question doing the rounds is whether the rebound in economic activity experienced after the debilitating second wave of the covid pandemic would…