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…
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MSME: Growth Driver of the Indian Economy
30 Jan 2020 The MSME sector is one of the key sectors of the Indian economy. Being one of the biggest job creators, small enterprises contribute significantly to the economy. The sector is the backbone of the national economic structure and has imparted resilience to ward off global economic shocks…
Demand-Side Interventions to Kickstart the Economy
27 Jan 2020 The Indian economy is facing challenging times, amidst a growth slowdown and sluggish economic activity. The Union Budget, to be presented on 1st February 2020, would provide a strong policy direction to help reverse the present situation. The Government has intervened regularly in the last few months…
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…
Public Sector Enterprises – the Tree of Life for the Indian Economy
14 Jan 2020 Public Sector Enterprises (PSEs), better known as state-owned enterprises, have been an integral part of the Indian economy since Indian independence in 1947. The objective of setting these up was to ensure self-reliance in industries of national strategic importance, as also promote production within India, especially in…
Mining Industry – Don’t Undermine the Sector
10 Jan 2020 Recent policy announcements in the mining sector, such as doing away with end-use restrictions in coal mining and extending the validity of clearances for mining leases expiring in 2020, could result in a paradigm shift. Earlier this week, the Union Cabinet approved the promulgation of the Mineral…
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…
Business, Not Just Charity, Begins at Home
30 Dec 2019 “Maybe you are searching among the branches, for what only appears in the roots.” – Rumi The collective verses the individual, the ‘We’ versus ‘I’ – the values that are propagated not just by spiritualists but by Business Gurus also form the bedrock of family businesses that account…
We can solve climate change – if we involve women
18 Dec 2019 With the 2030 deadline for achieving the Sustainable Development Goals approaching, the fight against climate change intensifies each year, with governments pumping resources into achieving them. One of the most critical SDGs is SDG 5, achieving gender equality and empowering all women and girls, because it…