08 Feb 2020 Cloud computing is considered a major driver for disruption in business with the cloud services market growing at a phenomenal pace. In India, this growth can be attributed to the digital boom with the number of internet users expected to reach a staggering 666.4 million by 2023.…
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India@75: National Volunteering Week
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…
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.…
Confidence building measures in Budget enthuses industry
03 Feb 2020 The Union Budget has taken multiple measures that will build the confidence of industry. These include the measures to reduce tax harassment, to enhance contract enforcement, to decriminalise business laws and simplify the processes of tax payment. These measures will considerably improve the business environment in the…
Budget sees fresh ideas to facilitate sustained growth
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…
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…
Demand-Side Interventions to Kickstart the Economy
27 Jan 2020 The Indian economy is facing challenging times, amidst a growth slowdown and sluggish economic activity. The Union Budget, to be presented on 1st February 2020, would provide a strong policy direction to help reverse the present situation. The Government has intervened regularly in the last few months…
Don’t tighten belts now
27 Jan 2020 This Saturday finance minister Nirmala Sitharaman will present her second Union Budget, barely seven months after her first one in July last year. In the interim period, she has been actively engaging with industry and other stakeholders and made several policy announcements towards reviving the economy. This…
Budget 2020: India needs to push for investments to kickstart growth
24 Jan 2020 Union Budget 2020 India: One of the key highlights from the recently released advance estimates of GDP was of investment growth slumping to an anaemic 1% in the current fiscal from a healthy double-digit growth registered in the last fiscal. Investment was held back by weak private…