09 Jan 2020 A turnover-based classification will allow MSMEs to invest more in tech. This will help improve their competitiveness Micro small and medium enterprises (MSMEs) have always been vital in the socio-economic development of India. Spread across both urban and rural areas, MSMEs produce a diverse range of products…
Browsing CategoryDG’s Journal
Doing business in India getting easier
30 Dec 2019 India has once again recorded an impressive improvement in the global Doing Business ranking of the World Bank. Doing Business Report 2020, released on 24 October 2019, showed the country jumping by 14 spots to 63rd position (out of 190 economies), which is the 5th successive improvement from a…
Manage stubble to control air pollution: Recycling it can reduce weedicide use by 70% and water use by 40%
09 Nov 2019 The recent spike in air pollution levels across northern India has raised concerns about the health of hundreds of millions of people living here. A significant proportion of air pollutants arises from burning of crop residue across the agricultural heartland. At its centre is a lack of…
Reel or real? Accurately identifying disinformation
24 Sep 2019 In this day and age of AI-based tech such as deepfake—one can easily produce or alter video content realistically—seeing should not necessarily be believing For the last couple of years, India has been waging a silent battle against a growing epidemic of fake content that’s being…
FDI easing, other steps may help revive growth
16 Sep 2019 A multitude of prompt economic measures were announced by the government recently to jumpstart investments and bring the economy back on a solid growth track. These measures will infuse greater investor confidence and encourage investments in the economy. Industry is greatly heartened by the fact that the…
Stimulus package is a well-designed boost for economy
03 Sep 2019 Given that the economy had been suffering from a complex set of problems, the finance minister (FM) did well to announce an array of measures to bring relief. The interventions were well thought out, as they addressed key concerns in the economy. Further, the measures did not…
A roadmap to boost growth, investments in J&K, Ladakh
17 Aug 2019 The Jammu and Kashmir (J&K) region has immense potential for development and is one of the most attractive tourist destinations in India and across the world. Endowed with abundant natural resources and a rich labour pool, the J&K region has potential to grow. With a population of…
The auto sector’s revival holds the key to India’s $5 trillion economy
06 Aug 2019 This financial year (FY2019) saw the Government of India set an ambitious target to make India a $5 trillion economy within five years. The country will need to grow at around eight per cent annually to reach the target by 2024-25. Global growth slowed down considerably in…
Budget to take India on the path of inclusive growth
09 Jul 2019 The Union Budget 2019-20, the first Budget of the newly elected government, has been announced at a time when our macro-economic milieu continues to be domestically and globally challenging. The ongoing economic slowdown and the accompanying worries — sluggish industrial and manufacturing production, subdued consumption and tepid…
The focus on fiscal prudence is welcome
07 Jul 2019 The first Budget of the new government, slated for the remaining nine months of this fiscal year, had numerous challenges to address, both on the domestic front and the external front. With a tight adherence to fiscal prudence norms, Finance Minister Nirmala Sitharaman has taken firm steps…