Clipped from: https://economictimes.indiatimes.com/industry/cons-products/durables/pli-scheme-for-air-conditioners-led-lighting-to-focus-on-component-production-exports/articleshow/81313390.cms Synopsis–Commerce and industry minister Piyush Goyal held a detailed consultation with the industry on Tuesday on how to make India a global production
Category: Budget
Monetisation push to start with sale of MTNL’s realty assets – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/telecom/telecom-news/monetisation-push-to-start-with-sale-of-mtnls-realty-assets/articleshow/81298158.cms SynopsisThe asset monetisation is part of the Rs 68,000-crore revival package for loss-making telecom public sector enterprises MTNL and Bharat Sanchar Nigam. MTNL
After soaring last week, states’ debt cost falls below 7% – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/after-soaring-last-week-states-debt-cost-falls-below-7/articleshow/81297280.cmsSynopsis With 13 states collectively raising Rs 23,378 crore at the latest auction, 28 states and two Union territories have cumulatively raised Rs
Asset monetisation: Transparency holds the key – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/asset-monetisation-transparency-holds-the-key/article33965022.ece A panel must be formed to identify the PSU assets that can be monetised and also on the use of the funds generated
There’s no such thing as self-reliance | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/there-s-no-such-thing-as-self-reliance-121030100004_1.html For sustained growth India needs to use foreign capital and foreign know-how to produce goods that it sells in foreign markets. What’s self-reliant
bad bank: Nine banks, two non-bank lenders to infuse Rs 7,000 crore in bad bank – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/nine-banks-two-non-bank-lenders-to-infuse-rs-7000-crore-in-bad-bank/articleshow/81264978.cms SynopsisEleven shareholders will hold just above 9% each initially, and this would mean that no single shareholder has more than 10% in promoting
Localisation Clause: Will laptop PLI run into trouble in WTO? – The Financial Express
Clipped from: https://www.financialexpress.com/industry/will-laptop-pli-run-into-trouble-in-wto/2203728/ The government expects the scheme to reduce India’s import dependence for IT hardware in a major way — currently, 80% of the country’s
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
Will the bad bank appeal to everybody’s palate? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/will-the-bad-bank-appeal-to-everybodys-palate/article33957323.ece For it to take wings, design issues must be sorted out – the final structure holds key for it to succeed in a
Revival pangs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/revival-pangs/article33955836.ece The economic recovery from Covid is getting more broad-based, but weak purchasing power is a worry The third quarter FY21 GDP growth number
Textiles Ministry ‘re-looking’ PLI plan turnover threshold – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/some-players-seek-lower-threshold-on-turnover/article33955222.ece The Textile Ministry is taking a re-look at the proposed parameters of the Production Linked Incentive (PLI) scheme for the sector as some
Needed, vaccination, investment for growth–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/needed-vaccination-investment-for-growth/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. Estimates of economic output for the third quarter
Throw bathwater, RBI, not the baby–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/throw-bathwater-rbi-not-the-baby/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The Reserve Bank of India’s (RBI) reported rule
What India needs to do to ensure a ‘V’-shaped economic recovery – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-what-india-needs-to-do-ensure-a-v-shaped-economic-recovery/articleshow/81261074.cms SynopsisIf the problems of the unorganised sector are not addressed, it is only a matter of time before the lower leg of the
With an aim to boost the Indian market, PLI is having the right effect – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-with-an-aim-to-boost-the-indian-market-pli-is-having-the-right-effect/articleshow/81261251.cms SynopsisThe PLI scheme is likely to make India an integral part of the global supply chain. Much of the action for implementation of
It makes sense to export, not scrap old cars – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-it-makes-sense-to-export-not-scrap-old-cars/articleshow/81252899.cmsSynopsis ities must definitely ban vehicles that cannot pass emission tests, and this has nothing to do with age: many vehicles are serious polluters
Reviving private sector investment more important than FDI: Birla – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/reviving-private-sector-investment-more-important-than-fdi-birla/article33950644.ece?homepage=true The government has done the initial plumbing work for the Indian economy to come out of the Covid crisis and it is now
Govt announces ‘One District One Focus Produce’ programme – The Financial Express
Clipped from: https://www.financialexpress.com/economy/govt-announces-one-district-one-focus-produce-programme/2203182/ It took almost nine months to design after Prime Minister Narendra Modi, during his interaction with officials in May last year on ways
Poverty alleviation: Why India is not able do to what China has pulled off | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/poverty-alleviation-why-india-is-not-able-do-to-what-china-has-pulled-off-121022601172_1.html What should concern India is not just its loss of economic momentum, but also the fact that it is not outpacing countries not
GDP Numbers–Positive surprise for third quarter but negative for FY21? | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/gdp-numbers-positive-surprise-for-third-quarter-but-negative-for-fy21-121022600969_1.html The GDP forecasts do indicate that we are on the right path and in the absence of any serious localized lockdowns can be