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…
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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…
Volunteering for Nation Building
10 Jan 2020 Studies have shown that volunteering and pro bono activities positively impact an organization. They enhance employee loyalty, create team-building opportunities, increase cross-department and management interaction and reduce employee turnover. 90 percent of Fortune 500 HR managers in a survey said that volunteering is an effective way to…
Redefining MSMEs will give the sector a boost
09 Jan 2020 A turnover-based classification will allow MSMEs to invest more in tech. This will help improve their competitiveness Micro small and medium enterprises (MSMEs) have always been vital in the socio-economic development of India. Spread across both urban and rural areas, MSMEs produce a diverse range of products…
Future of Manufacturing
08 Jan 2020 Over the last few years, connected technologies have made inroads into all major industries and are set to disrupt the manufacturing sector too. The fourth industrial revolution, also termed ‘Industry 4.0’ (or I4.0) is about using emerging technologies like Internet of Things (IoT), Industrial Internet of Things…
A Gradual Recovery Expected in 2020
01 Jan 2020 As we are set to usher in the new year, there are nascent signs that the economy is on a better footing than what it was in the year gone by. With the proactive measures taken by the government and the Reserve Bank of India (RBI), industry believes that the slowdown will be overcome, and a gradual recovery will soon be in place. “The results are fast…