17 Jan 2023 The forthcoming Union Budget, to be presented in Parliament by finance minister Nirmala Sitharaman on February 1, will be the first real post-Covid Budget and the last full-year Budget before the general election is announced. The macroeconomic backdrop is a challenging one, where domestic demand drivers are…
Browsing CategoryDG’s Journal
Invest to Draw In Investors
09 Jan 2023 Investors hope the budget will strike the right notes to revive demand and keep a firm focus on fiscal prudence. GoI should firmly adhere to the path of fiscal consolidation. This is eminently possible as the tax revenue is running well ahead of projections. The fiscal consolidation…
Budget Must Rationalise, Simplify Taxation
28 Dec 2022 The last few years have been truly tumultuous for the global economy, with unprecedented economic and geopolitical developments. Within this changing external scenario, the Indian government has done well to maintain stability in tax rates. Today, the country is recognised for its strong growth performance and continued…
Adaptation Plan to Tackle India’s Climate Risks
23 Dec 2022 Climate-related risks are on the rise, so companies need to upgrade operations, infrastructure and supply chains Recent UNEP estimations place adaptation financing requirements in the range of $140 billion to $300 billion by 2030 in developing countries alone. While international adaptation finance flows to developing countries reached…
India’s G20 Presidency is a Unique Opportunity for Businesses
30 Nov 2022 The leaders’ declaration of the G20 Summit held in Bali this month talked about an ‘unparalleled multidimensional crises’ period that the world is currently experiencing. It pledged to enhance public investments while promoting private investments and strengthening multilateral trade. Many of its policy actions relating to the…
CoP-27 has Thrown Up Plenty of Opportunities for Indian Industry
24 Nov 2022 Negotiations at CoP-27 this year were under the shadow of an increasingly complex geopolitical landscape that is causing global energy worries, and the summit concluded on Sunday, more than a day later than planned, with a breakthrough decision on establishing a loss- and-damage fund that will be…
Logistics Policy, a Game-Changer
19 Oct 2022 In addition to improving ease of living and doing business, the newly launched National Logistics Policy, along with other pillars of PM Gati Shakti, is set to ring in ease of moving in the country, ensuring speedier and seamless movement of cargo and people across modes of…
Infrastructure Financing: The Way Forward
23 Sep 2022 The global economy is going through turbulent times with the protracted war in East Europe and evolving geopolitical situation showing no signs of abatement. Thus, expectations of a recession in Europe and the USA are gathering momentum. At the same time, the zero Covid-19 policy in China,…
Transformation in Ease of Doing Business Environment
07 Sep 2022 At the heart of EoDB reforms in India has been an extensive focus on rationalisation and digitalisation of regulatory compliances, encompassing the entire business cycle from start to exit. Recently, a senior industry leader shared his first-hand experience of improved Ease of Doing Business (EoDB) in the…
Women in STEM to boost Knowledge Economy
05 Aug 2022 As we stand on the brink of an Industrial Revolution, Science, Technology, Engineering and Mathematics (STEM) are critical for accelerating technology-led economic growth and, consequently, India’s future development. STEM is the powerhouse to drive innovation across disciplines and find creative ways to solve big and small challenges.…