03 Feb 2020 The Budget for 2020-21 was presented under challenging circumstances. India’s real GDP growth has fallen to 5 per cent, the lowest in 11 years, reflecting a contraction in consumption and investment. Consumer inflation breached the RBI threshold of 4 per cent. Depressed business sentiments were further compounded…
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Budget 2020: FM had a tight rope to walk, and she did well
03 Feb 2020 The Union Budget, presented by finance minister Nirmala Sitharaman came at a time when the economy is projected to grow at an 11-year low of 5%. Loss of consumer demand, falling sales, struggling industries and falling credit growth have been staring in our faces. In light of…
Tax charter will help rebuild trust
02 Feb 2020 Union Budget 2020-21 is a laudable statement that extends across multiple touchpoints of industry concerns while providing a prudent stimulus to the economy. The overall philosophy of the budget of an aspirational India, economic development and a caring society in the backdrop of technology and youth is…
Demand-Side Interventions to Kickstart the Economy
27 Jan 2020 The Indian economy is facing challenging times, amidst a growth slowdown and sluggish economic activity. The Union Budget, to be presented on 1st February 2020, would provide a strong policy direction to help reverse the present situation. The Government has intervened regularly in the last few months…
Budget 2020: India needs to push for investments to kickstart growth
24 Jan 2020 Union Budget 2020 India: One of the key highlights from the recently released advance estimates of GDP was of investment growth slumping to an anaemic 1% in the current fiscal from a healthy double-digit growth registered in the last fiscal. Investment was held back by weak private…
Decisive measures vital to revive India’s growth
21 Jan 2020 The Union Budget 2020-21, to be presented to Parliament by finance minister Nirmala Sitharaman on Saturday, February 1, comes at a time when the Indian economy is facing headwinds from a growth slowdown, on account of both domestic and global factors. A drop in private investments coupled…
Budget and the building blocks of growth
20 Jan 2020 The Union Budget is being presented at a time when the economy is not doing as well as in the recent past. Gross domestic product (GDP) growth is estimated at 5 per cent during this fiscal, which is the slowest in a decade. Besides, private investment remains…
Volunteering for Nation Building
10 Jan 2020 Studies have shown that volunteering and pro bono activities positively impact an organization. They enhance employee loyalty, create team-building opportunities, increase cross-department and management interaction and reduce employee turnover. 90 percent of Fortune 500 HR managers in a survey said that volunteering is an effective way to…
Mining Industry – Don’t Undermine the Sector
10 Jan 2020 Recent policy announcements in the mining sector, such as doing away with end-use restrictions in coal mining and extending the validity of clearances for mining leases expiring in 2020, could result in a paradigm shift. Earlier this week, the Union Cabinet approved the promulgation of the Mineral…
Redefining MSMEs will give the sector a boost
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…