03 Feb 2020 The Union Budget 2020-21 presented by Finance Minister Nirmala Sitharaman comes at a time when the Indian economy is facing considerable challenges from a growth slowdown. Rising to the challenge, an inclusive and a holistic budget was presented, keeping in mind all sections of the economy,…
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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…
Em-Powering India
31 Jan 2020 Power is one of the most crucial aspects of the infrastructure sector, on which depends a large part of a nation’s growth and development. India has a diversified power sector, with varied sources of power ranging from conventional sources including coal, lignite, natural gas, hydro, and nuclear…
MSME: Growth Driver of the Indian Economy
30 Jan 2020 The MSME sector is one of the key sectors of the Indian economy. Being one of the biggest job creators, small enterprises contribute significantly to the economy. The sector is the backbone of the national economic structure and has imparted resilience to ward off global economic shocks…
Boosting Exports
27 Jan 2020 Exports of a country are important for sustained economic growth. Many of the fastest growing economies of the past few decades have recorded high exports growth. Exports have many positive effects on the domestic economy as well. Apart from increasing foreign exchange reserves, exports bring many benefits…
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…
Don’t tighten belts now
27 Jan 2020 This Saturday finance minister Nirmala Sitharaman will present her second Union Budget, barely seven months after her first one in July last year. In the interim period, she has been actively engaging with industry and other stakeholders and made several policy announcements towards reviving the economy. This…
Attracting Private Investments in Infrastructure
26 Jan 2020 The infrastructure sector is one of the key drivers of the Indian economy. The overall development of the overall infrastructure sector, which comprises key verticals like power, bridges, dams, roads, urban infrastructure etc, is a strong indicator of the overall development of the nation. The government envisages…
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…