12 Jul 2022 The economy is in a strong rebound mode with a GDP growth rate of 8.7% for 2021-22. Sustainable, high growth rates are important to meet the country’s aspirations for 2047. To enable an inclusive, balanced and sustainable growth and empower the Indian Industry as a force multiplier,…
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Five years of GST and the way forward
13 Jul 2022 GST is seen as a shining example of cooperative federalism aimed at taking the country towards a one-nation, one-tax and one-market regime. The unified Goods and Services Tax (GST), lauded as a historic and game-changing reform, completed five years of its successful implementation on June 30, 2022.…
How India Held its Own Amid Global Chaos
09 Jun 2022 At a time when the global economy is stressed, India has been able to hold its own and don the mantle of being the fastest growing major economy in the world. Despite multiple challenges to growth, first the pandemic and then the war in Ukraine and…
Competitiveness: A Measure of India’s Increasing Prosperity
12 May 2022 Competitiveness is a way to measure any nation’s productivity and is indicative of its prosperity. Competitiveness results in growth and improved income levels, helping economies grow more sustainably and inclusively. In today’s globalized environment, competitiveness is the key to the survival of businesses and a country’s economy.…
India and the UK Working Towards a Sustainable Global Future
09 May 2022 The year 2022 is significant for both India and the UK, as India commemorates the 75th anniversary of its Independence and the two countries celebrate 75 years of bilateral ties. India-UK bilateral ties were elevated to a Comprehensive Strategic Partnership in 2021, based on a shared commitment towards…
Export-surge shows promise for $1 trillion ambition
24 Mar 2022 According to an analysis by CII, the highest export potential exists in the sector of electronics, which would continue to remain among the top globally traded items due to rising intensity of digitalization. A dynamic shift has taken place in India’s external engagement with the landmark achievement…
7 Drivers of Indian E-commerce
22 Mar 2022 The Indian e-commerce market is rapidly evolving as one of the most vibrant sectors in the country. India’s young demographic profile, increasing internet and smartphone penetration, a growing consumer base, budding start-up ecosystem, rising investments in the e-commerce sector are a few of the driving forces behind…
The booster dose that India needs
03 Feb 2022 The budget 2022-23 has been much awaited for boosting the green shoots of growth. The finance minister has struck the right chord by focusing on public investment to crowd in private investment, thus launching in motion the virtuous cycle of demand, investments, and jobs. A real booster…
Union Budget 2022-23 Budget sets the tone for India’s aspirations
03 Feb 2022 The Finance Minister presented a very growth-oriented and transformative budget which will not only strengthen the economic recovery currently underway, but also lay the foundation for bolstering the medium to long term growth potential of the economy. Indian industry welcomes the government’s unwavering commitment towards boosting investments,…
Budget retains growth focus
03 Feb 2022 The Union Budget 2022-23 was truly a transformative and visionary document, which laid the blueprint for the next 25 years through boosting investments, creating jobs, improving ease of doing business, maintaining tax stability and support to the stressed sectors. The four key priorities outlined in the budget…