18 Jan 2019 The fiscal position of most of the non-special category states improved in FY18 with their combined fiscal deficit to GDP ratio standing at 3.1 percent as against an elevated 3.5 percent in FY17. This is essentially because states such as Maharashtra, Haryana, Gujarat and Tamil Nadu succeeded…
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GST Will Improve Our Competitiveness
14 Jan 2019 The economy will benefit as the tax is ushering in higher transparency, lowering transaction costs and improving compliance Once again, the GST Council has made important modifications to the GST regime that will reinforce its growth potency. By raising thresholds, lowering frequency of returns and including services…
Robust GDP Growth to Continue in 2019
31 Dec 2018 In the midst of growing global vulnerabilities, India shines as the fastest growing major economy with robust GDP that is expected to continue in 2019. The positive outlook is buttressed by strong drivers emanating from services sector, infrastructure structure including construction equipment and better demand conditions arising…
Robust GDP Growth to Continue in 2019
31 Dec 2018 In the midst of growing global vulnerabilities, India shines as the fastest growing major economy with robust GDP that is expected to continue in 2019. The positive outlook is buttressed by strong drivers emanating from services sector, infrastructure structure including construction equipment and better demand conditions arising…
Innovation Takes Off in India!
29 Dec 2018 Creations of the mind are not just personally satisfying. Creativity drives Intellectual property (IP) and contributes to economic growth as well. Inventions, literary and artistic works, designs and symbols, names and images are all used by businesses for boosting their growth. IP is protected in law by patents, copyright…
Corporate Connect with Start-ups
27 Dec 2018 Start-ups script the saga of success for a thriving economy. In today’s world, they are the new avenues for creating significant wealth, while simultaneously generating sizeable employment in the quickest possible time. Indian start-ups are deploying different business models, converging market acumen with technological expertise. Some start-ups…
How has Indian economy performed during 2018?
21 Dec 2018 The global economy has been growing at a steady pace over the last few years and is expected to post robust growth during the 2018-19 period. The Indian economy is also expected to exhibit strong growth fundamentals with growth rates pegged at 7.3% and 7.4% for 2018…
Sun rising on India’s Infrastructure
19 Dec 2018 Much has been written, and much handwringing has taken place, about China’s impact on the Indian economy. The dramatic expansion of India-China trade in the last few decades, and the influx of cheap goods, has had dramatic effects on industry in this country. There is hardly any…
Trade Facilitation Reforms in India
06 Dec 2018 Progress & Road Ahead Trade Facilitation, entailing reduction in the transaction time and cost through rationalization of documentation and border compliances in trading across borders, has been one of the major areas of reform of the government of India over the last few years. Implementation of the…
Performance of Western States in BRAP 2017
06 Dec 2018 In the recently released Business Reform Action Plan (BRAP) 2017 by the Department of Industrial Policy and Promotion (DIPP), CII Western Region states, in general, have shown a commendable performance with Gujarat, Madhya Pradesh and Maharashtra scoring 97.99%, 97.30% and 92.88% respectively, in the implementation of business…