Economy
Roadmap to Making India a $5 trillion economy
The Government’s roadmap for making India a $5 trillion economy comprises focusing on growth at the macro level and complementing it with all-inclusive welfare at the micro level […]
Economy
Economy
37.4% increase in capital expenditure in 23-24
“Investments in infrastructure and Productive capacity have a large multiplier impact on growth and employment,” said the Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman in Parliament today while presenting the Union Budget 2023-24. […]
Economy
Nominal GDP to grow at 15.4 % in FY 2022-23
“Despite external exogenous shocks, India’s economy is relatively insulated from global spillovers compared to other EMEs, partly because of its large domestic market and relatively looser integration in global value chains and trade flows” […]
Economy
Capital investment outlay increased by 33% to ₹ 10 lakh crore
Continuing with the trend of recent years, Union Budget 2023-24 proposes a steep increase in capital investment outlay – envisioning capital investment as the driver of growth and jobs. […]
Economy
50 destinations to be developed as a ‘complete package of tourism’
At least 50 destinations will be selected and developed as a complete package of tourism, announced the Union Minister for Finance & Corporate Affairs Smt Nirmala Sitharaman while presenting the Union budget 2023-2024 in Parliament here today […]
Economy
Coastal shipping promoted through PPP mode with viability gap funding
India is moving forward firmly for the ‘panchamrit’ and net-zero carbon emission by 2070 to usher in a green industrial and economic transition. […]
Economy
Highest ever capital outlay of ₹2.40 lakh crore for railway
Investments in infrastructure and productive capacity have a large multiplier impact on growth and employment. After the subdued period of the pandemic, private investments are growing again. […]
Economy
Atmanirbhar clean plant program to be launched with an outlay of rs. 2,200 crore
An Atmanirbhar Clean Plant Program will be launched with an outlay of Rs. 2,200 crores to boost the availability of disease-free, quality planting material for high-value horticultural crops […]
Economy
The mantra of “leaving no one behind” Achievement since 2014
Highlighting the country’s achievements since 2014, Union Finance Minister, Smt Nirmala Sitharaman while presenting the Union Budget 2023-24 emphasized the mantra of “leaving no one behind” […]
Economy
Budget 23-24 presents a vision for Amrit kaal- a blueprint for an empowered economy
Union Budget 2023-24 presented by Smt. Nirmala Sitharaman, Union Minister of Finance and Corporate Affairs in the Parliament today outlined the vision of Amrit Kaal […]
Economy
Highlights of the union budget 2023-24
The Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman presented the Union Budget 2023-24 in Parliament today. The highlights of the Budget are as follows […]
Economy
Industrial sector gross value added (GVA) rose by 3.7% in the first half of fy23
The Overall Gross Value Added (GVA) by the Industrial Sector rose 3.7 per cent, based on data available for the first half of the FY23, which is higher than the average growth of 2.8 per cent achieved in H1 of the last decade […]
Economy
Availability and spread of digital infrastructure to contribute significantly to economic growth
While the role of traditional infrastructure has been well recognised, in recent years, the role of digital infrastructure in the socioeconomic development of the country has assumed increased importance […]
Economy
Indian Tourism Sector to Contribute USD 56b+ forex to GDP and Generate 140m+ Jobs
Under the aegis of India’s G20 Presidency, the Ministry of Tourism, Government of India shall be organizing the country’s first Global Tourism Summit in New Delhi from 10-12 April 2023 […]
Finance
FM announces 6.28LCr package to support economy
Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman here today announced a slew of measures worth 6.28 lakh crores to provide relief to diverse sectors affected by the 2nd wave of COVID-19 pandemic […]
Finance
RBI projects economy at 9.5% in 2021-22
RBI Monetary Policy Committee keeps Repo rate unchanged at 4%; Economy projected to grow at 9.5% in 2021-22; Rs. 15,000 crore liquidity support to contact-intensive sectors like hotels, tourism, etc. […]
Finance
Private sector has a key role in India’s growth recovery: FM
FM Nirmala Sitharaman said that while the Union Budget 2021-22 provides for enhanced capital expenditure by the Government, it also envisages private sector participation in a big way […]
Technology
IIT Hyderabad uses AI to study supply chain network of biofuels
Bio-derived fuels are gaining widespread attention among the scientific community across the world. The work on biofuels is in response to the global call for reducing carbon emissions associated with the use of fossil fuels. […]
Business
North East to Emerge as New Business Destination of India: Dr Jitendra Singh
North East to Emerge as New Business Destination of India: Dr Jitendra Singh
Dr. Singh inagurates e-Symposium 2020 organised by IIM Shillong and Dr APJ Abdul Kalam Centre for Policy Research & Analysis […]
Business
Revenue sharing methodology applied for auction of coal/lignite mines
Cabinet approves adoption of methodology for auction of coal and lignite mines/blocks for sale of coal/lignite on revenue sharing basis & tenure of coking coal linkage […]
Finance
Prime Minister holds a meeting to discuss strategies on boosting investment in India
PM Shri Narendra Modi today held a comprehensive meeting to discuss strategies to attract more foreign investments into India as […]