21 Feb 2020 As global GDP estimates are being downgraded by multilateral institutions because of coronavirus, India, too, will have to evaluate the impact on its economy, especially with the country’s high dependence on Chinese imports. China accounted for almost 14% of India’s imports in 2018-19, and an even higher…
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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.…
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,…
Tax charter will help rebuild trust
02 Feb 2020 Union Budget 2020-21 is a laudable statement that extends across multiple touchpoints of industry concerns while providing a prudent stimulus to the economy. The overall philosophy of the budget of an aspirational India, economic development and a caring society in the backdrop of technology and youth is…
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…
Creating Vibrancy in the Agriculture Sector
17 Jan 2020 The agriculture sector, by employing 44 per cent of the population and contributing 16 per cent to the gross value added (as per the latest PLFS Survey), remains crucial to the overall stability of the Indian economy. The sector has made rapid advancements in achieving the goals…
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…
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…