07 Feb 2020 Creating a Structured Volunteering Ecosystem in India India’s youth is a force that is waiting to be harnessed. It can be the power that turns the wheel. Volunteerism is a constructive way to harness this power. Volunteering offers young people the opportunity to engage with and solve…
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It’s a credible balancing act by a pragmatic FM
03 Feb 2020 Finance minister Nirmala Sitharaman has presented a focused, bold, pragmatic and growth-oriented Budget which has attempted a credible balancing act between scripting a blueprint for sustaining the growth momentum in the Indian economy on the one hand, while taking up issues of social inclusion on the other.…
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,…
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…
A Gradual Recovery Expected in 2020
01 Jan 2020 As we are set to usher in the new year, there are nascent signs that the economy is on a better footing than what it was in the year gone by. With the proactive measures taken by the government and the Reserve Bank of India (RBI), industry believes that the slowdown will be overcome, and a gradual recovery will soon be in place. “The results are fast…
Recommendations for Capital Goods industry
28 Nov 2019 The capital goods sector serves all sectors of the manufacturing economy. A robust, efficient and technologically-advanced capital goods sector can provide a boost to overall manufacturing in India. The Government envisions to become a $ 5 trillion economy in the next 7 years from the current $…
Recommendations for Pharmaceuticals industry
27 Nov 2019 The Indian pharma industry, along with biotechnology, has the potential to grow to $ 200 billion by 2025. CII recommends the following measures to tap this potential. Short-term Measures 1. Industry Image and Quality Every third pill swallowed in the US is from India, and the case…
Rising North East
21 Nov 2019 A land of verdant, undulating hills and plains with a variety of flora and fauna, the North East Region (NER) of India comprises of 8 states: Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim and Tripura, each fascinating and beautiful in its own way. This region today…
Developing India’s Infrastructure: Government-Industry Partnership
09 Nov 2019 The Indian infrastructure industry is one of the primary growth drivers of the economy and the country’s second largest employer. Along with the capital goods sector, it aids capital formation and boosts growth, adding around 2-3% to Indian gross domestic product (GDP) every year. With higher…
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…