13 Nov 2019 – Vikram Kirloskar President, CII Joining the RCEP may be possible down the line. For now, India should reinforce and deepen agreements with its current trade partners, as well as look to enter new markets with globally competitive products Prime Minister Narendra Modi’s decision to opt out…
Browsing CategoryEconomy
Diwali – Lighting Up the Indian Economy
26 Oct 2019 The festive spirit is palpable as Diwali, the festival of lights, approaches. Houses are re-painted, flowers, traditional lights – diyas – and sparkling lights used to adorn them, and one can almost smell the aroma of sweets and other goodies as people prepare to celebrate Diwali. The joy and…
Boosting Exploration
06 Sep 2019 Minerals: A Backbone Industry As India races to achieve the target of a US$5 trillion economy by 2024-25, the minerals and mining industry (referred to as the ‘minerals industry’ hereinafter), which serves as the basis for nearly all manufacturing sectors, will be a critical growth driver. Despite…
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 Evolution of the Indian Economy since Independence
15 Aug 2019 India celebrates its 73rd Independence Day on 15th August 2019. Its development journey over the last 72 years has been marked by significant milestones and reforms that enabled it to achieve substantial progress in many areas including rise in income levels, growth, literacy, life expectancy and a wide variety…
Celebrating Volunteerism!
14 Aug 2019 The best way to find yourself is to lose yourself in the service of others. – Mahatma Gandhi India is known for its historical tradition of giving or volunteering. While many anecdotal references can be found in the ancient religious scriptures and texts, India’s most recent and…
Private Investment could Catalyze India to a Global R&D Powerhouse
08 Aug 2019 There is little doubt that India has the potential to become a global Research & Development (R&D) powerhouse. The Indian Government has been taking some proactive steps to make India a leading R&D hub in Asia. Its latest initiatives under Make in India, Start-up India and Digital…
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…
Boosting Indian Exports with Potential
29 Jul 2019 Exports are a critical component of a country’s Gross Domestic Product. Thus, boosting exports is central to achieving higher growth and economic prospects. This assumes greater relevance at a time when the global environment has become increasingly uncertain, given rapidly changing global trade dynamics and an increasing…