20 Feb 2019 The line of distinction between freelancers and solopreneurs who constitute the gig economy, is rather thin; while the former works for others by means of contracts, the latter’s goal is to build up a business with services and products of their own. Interestingly, the gig economy profession…
Browsing CategoryEconomy
People-friendly Budget strikes the right note
11 Feb 2019 The interim finance minister has presented a coherent, purposeful and balanced Budget which is fully aligned towards meeting the social and economic goalposts envisioned for the country. It strives to address the key socio-economic challenges even as it tries to maintain fiscal discipline and strengthen the momentum…
A Growth Driver
07 Feb 2019 The Budget provides relief to many sectors The presentation of the Interim Budget is to be seen in the context of various headwinds that are facing the Indian economy, including slower global growth and trade rates, subdued consumption, and farmer stress. At this time, it was necessary…
Towards a $1 Trillion Manufacturing Economy
29 Jan 2019 The share of manufacturing in GDP has been trending at 16-17% for some years now. The Government has set a target of taking this share to 25% of GDP by the turn of 2025. India has the potential to become a $5 trillion economy in seven years,…
CII Pre-budget Memorandum 2019-20
22 Jan 2019 The country’s Union Budget 2019-20 is expected to be presented in Parliament on 1 February. However, this year it is going to be a bit different. In view of the upcoming elections, we expect it to be a vote on account, and not a full fledged budget.…
Kerala – India’s 2nd best Investment destination
18 Jan 2019 The fiscal position of most of the non-special category states improved in FY18 with their combined fiscal deficit to GDP ratio standing at 3.1 percent as against an elevated 3.5 percent in FY17. This is essentially because states such as Maharashtra, Haryana, Gujarat and Tamil Nadu succeeded…
GST Will Improve Our Competitiveness
14 Jan 2019 The economy will benefit as the tax is ushering in higher transparency, lowering transaction costs and improving compliance Once again, the GST Council has made important modifications to the GST regime that will reinforce its growth potency. By raising thresholds, lowering frequency of returns and including services…
Robust GDP Growth to Continue in 2019
31 Dec 2018 In the midst of growing global vulnerabilities, India shines as the fastest growing major economy with robust GDP that is expected to continue in 2019. The positive outlook is buttressed by strong drivers emanating from services sector, infrastructure structure including construction equipment and better demand conditions arising…
Robust GDP Growth to Continue in 2019
31 Dec 2018 In the midst of growing global vulnerabilities, India shines as the fastest growing major economy with robust GDP that is expected to continue in 2019. The positive outlook is buttressed by strong drivers emanating from services sector, infrastructure structure including construction equipment and better demand conditions arising…
How has Indian economy performed during 2018?
21 Dec 2018 The global economy has been growing at a steady pace over the last few years and is expected to post robust growth during the 2018-19 period. The Indian economy is also expected to exhibit strong growth fundamentals with growth rates pegged at 7.3% and 7.4% for 2018…