05 Aug 2019 Infrastructure development is considered a sine qua non for India becoming a US $ 5 trillion economy by 2025 given its multiplier effect across sectors such as steel, cement, auto, and real estate, among others. Investments in the infrastructure sector, however, have been growing at a slow…
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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…
CSR: Catalysing Change through India Inc
14 Jul 2019 Social engagement of Indian business is as old as the history of business itself. Ever since businessmen first started investing, they have sought to give back to society in different ways. In India, the concept of business philanthropy is deeply embedded in our classical texts. Corporate Social…
CSR 2.0 – The Innovative, Collaborative and Un-Conventional Route
13 Jul 2019 The economy is rapidly evolving and changing. Innovation has taken center stage; has become omnipresent; new models of partnerships are emerging; Governments are actively reaching out to engage with businesses to deliver solutions to development challenges. Yet, India houses over 15 million people living in extreme poverty,…
CII Post Budget Analysis
12 Jul 2019 The Union Budget presented on 5th July 2019 by the Finance Minister Smt. Nirmala Sitharaman introduced many measures to foster the growth and inclusive development to make India a USD 5-trillion economy by 2025. The Budget is pragmatic and forward looking and aims to achieve a fine balance…
Modi 2.0 Budget bolsters investment
09 Jul 2019 The first Budget of the Modi 2.0 government came at an opportune time when there was an urgent need for providing stimulus to kick-start growth which had fallen to multi-year low in the last fiscal. The Union Budget 2019-20 did not disappoint. The Budget announced host of…
Budget to take India on the path of inclusive growth
09 Jul 2019 The Union Budget 2019-20, the first Budget of the newly elected government, has been announced at a time when our macro-economic milieu continues to be domestically and globally challenging. The ongoing economic slowdown and the accompanying worries — sluggish industrial and manufacturing production, subdued consumption and tepid…
The focus on fiscal prudence is welcome
07 Jul 2019 The first Budget of the new government, slated for the remaining nine months of this fiscal year, had numerous challenges to address, both on the domestic front and the external front. With a tight adherence to fiscal prudence norms, Finance Minister Nirmala Sitharaman has taken firm steps…
Indian Start-ups Help Close the Gender Gap
04 Jul 2019 Women account for about 28% of India’s workforce, and according to the International Monetary Fund (IMF) equal participation by women can increase India’s GDP manifold. Global consulting firm McKinsey estimates that bridging this gender gap can help add over USD 700 billion to the Indian GDP by 2025.…
Enhancing Skills Critical for Boosting Employability
03 Jul 2019 With the Budget 2019-20 to be presented shortly, job creation is expected to be the topmost priority on the Government’s agenda. Innovative ideas are necessary to explore ways to create more jobs in the economy, especially in the labour intensive sectors such as agriculture, construction, textiles, etc.…