The Union Budget 2024-25 presents comprehensive, outcome-based and sector-specific measures that will accelerate India’s growth trajectory in an inclusive and sustainable manner. Moreover, this has been done with attention to macroeconomic stability and fiscal prudence, adhering to a path of fiscal consolidation, with the fiscal deficit pegged at 4.9% for…
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A Simpler Tax Journey: The Benefits of the New Income Tax Regime
India’s tax landscape has undergone a significant transformation with the introduction of the new income tax regime. The Union Budget 2024-25 has put emphasis on the adoption of the new income tax regime by incentivizing its adoption by taxpayers. The changes included the new income tax slabs for FY…
PM addressed the inaugural session of ‘Journey Towards Viksit Bharat: A Post Union Budget 2024-25 Conference by the Confederation of Indian Industry (CII)
The Prime Minister, Shri Narendra Modi addressed the inaugural session of ‘Journey Towards Viksit Bharat: A Post Union Budget 2024-25 Conference’ organized by the Confederation of Indian Industry (CII) at Vigyan Bhawan in New Delhi today. The conference presented the outline for the Government’s larger vision for growth and the…
Budget 2024: The government’s focus is on ease of paying taxes
While providing primacy to growth with inclusion, the Budget tempts to infuse a new momentum to the economy and strengthen India’s resilient ecosystem so that the country emerges as a growth engine of the world. An overarching theme An important focus of the Budget is simplification and rationalisation of the…
Budget 2024: Right recipe prepared for jobs with proposals to facilitate employment, skilling of youth
The Economic Survey 2023-24 estimates that India needs to generate about 78.5 lakh non-farm jobs annually until 2030 to gainfully employ the Indian youth entering the workforce. With proposals to facilitate employment, skilling and other opportunities for 4.1 crore youth over the next five years, the Union Budget 2024-25 will…
An inclusive Budget with its focus on growth, jobs
The Union Budget 2024-25 exemplifies the unwavering dedication of the finance minister to provide a medium-term vision and an all-encompassing blueprint for a prosperous, environmentally sustainable and technologically advanced India. With an objective of having the nation proceed on the “Amrit Kaal” journey with gusto and join the league of…
Traditional Crafts and Women’s Empowerment: Preserving Heritage through Self-Help Groups
In many parts of India, traditional crafts are not only a means of artistic expression but also a vital source of livelihood. These crafts embody the cultural heritage and history of communities, often passed down through generations. In recent years, self-help groups (SHGs) have emerged as a powerful mechanism for…
Future of Economic Transformation: Integrating Rural and Urban Economies
Introduction The economic transformation of India hinges on the empowerment of its rural economy, aiming to elevate productivity through targeted interventions. The seamless integration of rural and urban economies can unlock immense potential for sustainable development, job creation, and inclusive growth. Achieving the vision of a developed India necessitates a…
Impact Investing: Bridging Profit and Purpose
Impact investing is a growing field in the investment landscape that seeks to generate not only financial returns but also measurable social and environmental benefits. This dual-purpose approach is transforming how investors think about their capital, moving beyond traditional philanthropy and socially responsible investing (SRI) to integrate deep, systemic change…
The Future of Food: Innovations in Plant-Based Protein and Cultured Meat
The food industry is witnessing a revolution with the advent of plant-based proteins and cultured meat, promising to reshape how we produce and consume food. These innovations offer a sustainable alternative to traditional meat, addressing environmental concerns and responding to changing consumer preferences. Advancements in Plant-Based Protein Plant-based protein has…