18 Jan 2020 The landscape of agriculture is fast evolving with an increased focus on enhancing farmers’ incomes. The flagship schemes of the government are targeted towards improving purchasing power at the bottom of the pyramid to accelerate overall economic growth. At the same time, advanced technology is providing solutions…
Browsing CategoryEconomy
Creating Vibrancy in the Agriculture Sector
17 Jan 2020 The agriculture sector, by employing 44 per cent of the population and contributing 16 per cent to the gross value added (as per the latest PLFS Survey), remains crucial to the overall stability of the Indian economy. The sector has made rapid advancements in achieving the goals…
Public Sector Enterprises – the Tree of Life for the Indian Economy
14 Jan 2020 Public Sector Enterprises (PSEs), better known as state-owned enterprises, have been an integral part of the Indian economy since Indian independence in 1947. The objective of setting these up was to ensure self-reliance in industries of national strategic importance, as also promote production within India, especially in…
A Gradual Recovery Expected in 2020
01 Jan 2020 As we are set to usher in the new year, there are nascent signs that the economy is on a better footing than what it was in the year gone by. With the proactive measures taken by the government and the Reserve Bank of India (RBI), industry believes that the slowdown will be overcome, and a gradual recovery will soon be in place. “The results are fast…
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…
Indian Heritage – Eastern India
24 Dec 2019 The East and North East parts of India are well known for their distinct culture and traditions. Brimming with history, nature and tourist-friendly destinations, the states in these parts are blessed with a rich cultural heritage that makes them ideal for nature lovers, trekkers, wildlife enthusiasts and…
Recommendations for Capital Goods industry
28 Nov 2019 The capital goods sector serves all sectors of the manufacturing economy. A robust, efficient and technologically-advanced capital goods sector can provide a boost to overall manufacturing in India. The Government envisions to become a $ 5 trillion economy in the next 7 years from the current $…
Recommendations for Pharmaceuticals industry
27 Nov 2019 The Indian pharma industry, along with biotechnology, has the potential to grow to $ 200 billion by 2025. CII recommends the following measures to tap this potential. Short-term Measures 1. Industry Image and Quality Every third pill swallowed in the US is from India, and the case…
Recommendations for Textiles and Apparel industry
25 Nov 2019 The textiles and apparel industry is one of the largest employers in India’s manufacturing sector, employing over 45 million workers. Given the intrinsic labor-intensive nature of textiles manufacturing, this sector holds tremendous potential for future employment which could go up to 62 million by 2022 with an…
Recommendations for Steel industry
24 Nov 2019 India’s steel sector grew at around 6.8% in the April-June 2018-19 quarter, while the growth of crude steel production was around 3.5%. Imports, including those of semi-finished goods, have fallen by 13%, and finished goods by around 9%, y-o-y. Exports have declined by 27%. Steel prices have…