Clipped from: https://www.financialexpress.com/economy/hit-to-exports-exporters-fear-low-rodtep-refunds/2212622/ The Pillai committee was set up only in late July last year to undertake a humongous exercise of recommending RoDTEP rates for thousands
Category: Budget
One District One Product initiative set for big push – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/one-district-one-product-initiative-set-for-big-push/article34068366.ece FIEO carrying out study to identify items with export potential in 25 districts The five-year Foreign Trade Policy to be announced next month
Fine-tuning flexible inflation targeting – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/fine-tuning-flexible-inflation-targeting/article34067733.ece?homepage=true There should be a switch in target from headline to core CPI. And, the basket and its weights should be updated frequently Possible
Selling PSU banks to corporates ‘colossal mistake’, says Raghuram Rajan as workers plan strike – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/selling-psu-banks-to-corporates-colossal-mistake-says-raghuram-rajan-as-workers-plan-strike/articleshow/81494577.cmsSynopsis Many PSU banks, including the State Bank of India (SBI), have informed their customers that their normal working could be affected at the
CEA Krishnamurthy Subramanian explains the economic rationale behind Modi govt’s policy response to Covid – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/cea-subramanian-explains-the-economic-rationale-behind-modi-govts-policy-response-to-covid/articleshow/81499136.cmsSynopsis Increasing only revex is myopic while increasing capex is far-sighted as the former increases aggregate demand ephemerally, while capex generates a sustained increase
Maintain the status quo | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/maintain-the-status-quo-121030401665_1.html The current inflation target has worked well The inflation target of 4 per cent with a lower and upper tolerance level of 2
Finance ministry cracks the whip on insurance companies for ignoring MSMEs | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/finance-ministry-cracks-the-whip-on-insurance-companies-for-ignoring-msmes-121030400382_1.html Reluctant insurers have failed to offer the cover especially curated by the ministry following the UK Sinha panel’s recommendations The department of financial
Extend PLI scheme to all MSMEs amid Covid-19 pandemic, says NITI Aayog | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/extend-pli-scheme-to-all-msmes-amid-covid-19-pandemic-says-niti-aayog-121030401724_1.html The recently announced PLI scheme for the telecom sector extended the incentives to MSMEs. The Aayog has suggested that the existing PLI schemes
Syncing traditional banks with their ‘challengers’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/syncing-traditional-banks-with-their-challengers/article33990976.ece Traditional banks and smaller ‘new-age’ banks have much to gain by joining hands The emergence of challenger banks over the last decade has
Designing a smart PLI programme – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/designing-a-smart-pli-programme/article33990729.ece Genuine value addition, creating jobs that go beyond mere assembling and boosting exports must be the aim A steady transformation of the global
Attracting ‘new money’ will be a challenge for the ARC – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/attracting-new-money-will-be-a-challenge-for-the-arc/article33957326.ece Book building for the new ARC may be easy, but its success will depend on the ability to develop a vibrant distressed debt
Govt striving to reduce pharma sector’s regulatory compliance: Sadananda Gowda – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/govt-striving-to-reduce-regulatory-compliance-burden-on-pharma-sector-sadananda-gowda/article33933185.ece The pharma industry is capable of achieving the ambitious annual target of $130 billion by 2030, which it set for itself and the
Govt approves 14 projects under PLI scheme for bulk drugs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/govt-approves-14-projects-under-pli-scheme-for-bulk-drugs/article33943027.ece Incentives worth ₹6,940 crore will be given over nine years beginning with the current financial year. The government on Friday approved 14 projects
Truth, lies and ‘certified’ statistics – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/r-srinivasan/truth-lies-and-certified-statistics/article33982068.ece A sound certification and standards system is critical for the ‘Make in India’ plan to succeed Last week, the Delhi government decided to
CEA Krishnamurthy Subramanian bats for growth over inflation – The Financial Express
Clipped from: https://www.financialexpress.com/economy/cea-krishnamurthy-subramanian-bats-for-growth-over-inflation/2212043/ It will be the first review for RBI since it was tasked with a mandated inflation target of 4 per cent with a
Can ‘bad bank’ save our stressed economy? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/money/bad-bank-need-of-the-hour/articleshow/81478979.cmsSynopsis India’s earlier experience with bad banks seems to have left a feeling of skepticism. In 2004, when IDBI Limited’s bad loans were bought
Transport Ministry proposes de-registration of government owned vehicles after 15 years – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/transport-ministry-proposes-de-registration-of-government-owned-vehicles-after-15-years/articleshow/81480429.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The ministry of road transport and highways on Friday issued a draft notification, proposing that registration of motor vehicles owned by Central government,
Sustained economic growth key to India’s future, critical for security reasons: NITI Aayog CEO – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/sustained-economic-growth-key-to-indias-future-critical-for-security-reasons-niti-aayog-ceo/articleshow/81485037.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Delivering the keynote address at the inauguration of ‘Militaria@Jaipur-2021’, he said as a fallout of the Covid-19-19 pandemic radical reforms were ushered in
20 lakh jabs on Friday, highest so far: Govt – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/20-lakh-jabs-on-friday-highest-so-far-govt/articleshow/81481248.cmsSynopsis “India recorded a significant milestone in its countrywide COVID19 vaccination drive which started on January 16. More than 20 lakh (20,53,537) vaccine doses
Production Linked Incentive scheme in telecom: A ‘towering’ initiative – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/production-linked-incentive-scheme-in-telecom-a-towering-initiative/articleshow/81479243.cmsSynopsis The government expects that this scheme will result in an incremental production of Rs 2 lakh crore over the next five years and
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