26 Jun 2019 The first Union Budget of the Narendra Modi government’s second term is widely expected to announce fresh measures to reinvigorate demand drivers, given that the slowdown in growth is becoming firmly entrenched. With economic growth hitting a five-year low of 6.8 per cent in 2019-20, the need…
Browsing CategoryEconomy
Reform Agenda for the New Government
06 Jun 2019 As the National Democratic Alliance was re-elected for a second term with a sweeping majority, it is time for the new Government to action a long-term reform agenda. The Government introduced some major reforms during the past few years, such as the landmark Goods and Services Tax,…
Competitiveness of India Inc: India@75 – Forging Ahead
03 Jun 2019 Development as a whole – whether societal or industrial – has always been at the forefront of everything that we do at CII. In 2007, we began work on India@75 for achieving the common vision of an inclusively developed India by 2022 that would be characterized by…
State Level Reforms Critical for Growth
24 May 2019 Over the last few years, Central and State Governments have undertaken a slew of reforms to boost investments and growth. Key challenges for India are sustaining the high growth rates, alleviating poverty and ensuring balanced growth. As India enjoys a federal government system with many areas such…
Good Governance Remains the Key Cornerstone of Reform Agenda
19 May 2019 Good governance is fundamental to achieve speedy and inclusive growth and to provide timely and quality services to citizens in order to meet the aspirations of India@75. Good governance also empowers citizens through better provision of education, healthcare and social security. The trifecta of executive, legislature and…
Shaping Economic Policy: Looking Beyond Elections
18 May 2019 With the gargantuan exercise associated with general elections gaining traction, and the new government set to be in place in around a month from now, there is much anticipation and interest among major stakeholders on what would be the economic agenda of the new government? The question…
The Role of Amusement and Theme Parks in the Indian Economy
28 Apr 2019 The term Amusement parks spark our imagination in a way that takes us right back to our own childhoods. Be it simple Indian Melas, or today’s proliferation of the same, like Disneyland, both children and adults alike find themselves enjoying it immensely. With the dawn of globalization…
Rural markets can boost the Indian Economy
26 Apr 2019 Rural India houses approximately 83 crores of its citizens in its six and a half lakh villages. Off late, the increasing purchasing power of this 70% rural population has been attracting the attention of marketers who have initiated rural marketing strategies to tap into this market, which for some…
The Importance of Developing Soft Skills in Education
23 Apr 2019 Contemporary education can be roughly divided into two parts – academic and non-academic. Achieving academic prowess is essential. The academic curriculum is mostly delineated by the academic councils of various education institutions. Yet, in the modern borderless world, education is becoming incomplete without obtaining soft skills – the non-academic…
Multinational Corporations: Partnering India’s Development Journey
10 Apr 2019 The Multinational Corporations (MNCs) in India have the potential to bring dynamism to our development journey, compliment the efforts of local companies and thereby take the country to the high echelons of growth with inclusion. With numerous positive attributes, such as a vast pool of resources, knowledge…