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…
Search Results For“industry”
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…
Attracting Private Investments in Infrastructure
26 Jan 2020 The infrastructure sector is one of the key drivers of the Indian economy. The overall development of the overall infrastructure sector, which comprises key verticals like power, bridges, dams, roads, urban infrastructure etc, is a strong indicator of the overall development of the nation. The government envisages…
Indian Railways Going Green
25 Jan 2020 If God had intended us to fly, he’d have never given us railways. – Michael Flanders (1922–1975) British humourist, singer, lyricist and actor Michael Flanders was a big fan of trains. In fact, one of his most famous songs, Slow Train, written in 1963, lamented the closure of several railway stations in Britain. Had he…
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…
Decisive measures vital to revive India’s growth
21 Jan 2020 The Union Budget 2020-21, to be presented to Parliament by finance minister Nirmala Sitharaman on Saturday, February 1, comes at a time when the Indian economy is facing headwinds from a growth slowdown, on account of both domestic and global factors. A drop in private investments coupled…
Budget and the building blocks of growth
20 Jan 2020 The Union Budget is being presented at a time when the economy is not doing as well as in the recent past. Gross domestic product (GDP) growth is estimated at 5 per cent during this fiscal, which is the slowest in a decade. Besides, private investment remains…
Drivers for Growth of Indian Agriculture
18 Jan 2020 The landscape of agriculture is fast evolving with an increased focus on enhancing farmers’ incomes. The flagship schemes of the government are targeted towards improving purchasing power at the bottom of the pyramid to accelerate overall economic growth. At the same time, advanced technology is providing solutions…
AYUSH is booming in India
12 Jan 2020 The major factors driving the growth of the wellness market in India are rising disposable incomes, a large population of young people, and increasing incidences of communicable and non-communicable diseases. Changing lifestyle patterns and rapid urbanization are fueling the growth of the wellness sector. Consumers are…
Business & Beyond CII’s Journey of 125 Years
11 Jan 2020 The journey of the Confederation of Indian Industry, CII, commenced 125 years ago in 1895, when 5 engineering firms came together to form the Engineering and Iron Trades Association (EITA) to garner orders from the then Government for companies based in India. EITA became the Indian…