03 Feb 2020 The Budget for 2020-21 was presented under challenging circumstances. India’s real GDP growth has fallen to 5 per cent, the lowest in 11 years, reflecting a contraction in consumption and investment. Consumer inflation breached the RBI threshold of 4 per cent. Depressed business sentiments were further compounded…
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A holistic budget focused on boosting demand and reviving growth
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,…
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…
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…
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…
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…
AYUSH is booming in India
12 Jan 2020 The major factors driving the growth of the wellness market in India are rising disposable incomes, a large population of young people, and increasing incidences of communicable and non-communicable diseases. Changing lifestyle patterns and rapid urbanization are fueling the growth of the wellness sector. Consumers are…
Business & Beyond CII’s Journey of 125 Years
11 Jan 2020 The journey of the Confederation of Indian Industry, CII, commenced 125 years ago in 1895, when 5 engineering firms came together to form the Engineering and Iron Trades Association (EITA) to garner orders from the then Government for companies based in India. EITA became the Indian…
Mining Industry – Don’t Undermine the Sector
10 Jan 2020 Recent policy announcements in the mining sector, such as doing away with end-use restrictions in coal mining and extending the validity of clearances for mining leases expiring in 2020, could result in a paradigm shift. Earlier this week, the Union Cabinet approved the promulgation of the Mineral…