Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/direct-tax-receipts-so-far-pretty-good/articleshow/86590742.cmsSynopsis The Centre’s gross tax revenue, budgeted at Rs 22 lakh crore for 2021-22, is only about 9.9% of GDP, and less than double
Category: Economy
ftp: Industry may find $400 billion exports target a struggle with the FTP extended till March 2022 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/industry-may-find-400-billion-exports-target-a-struggle-with-the-ftp-extended-till-march-2022/articleshow/86580048.cmsSynopsis The FTP is a set of guidelines and instructions by DGFT pertaining to the import and export goods of India. Its aim has
Fiscal gains | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/fiscal-gains-121092801526_1.html Higher tax revenue will give more flexibility in pushing expenditure The Union government’s borrowing plan for the second half of this fiscal year
Direct tax receipts: So far, pretty good – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/direct-tax-receipts-so-far-pretty-good/articleshow/86590742.cmsSynopsis The Centre’s gross tax revenue, budgeted at Rs 22 lakh crore for 2021-22, is only about 9.9% of GDP, and less than double
PLI scheme for textiles sector: Only mfg firms registered in India to be eligible for sops – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/pli-scheme-for-textiles-sector-only-mfg-firms-registered-in-india-to-be-eligible-for-sops/article36707327.ece?homepage=true Only one company of a group will be allowed to be registered for PLI for Textiles Only manufacturing companies registered in India will
PLI scheme: Auto component companies hope to pare imports | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/pli-scheme-auto-component-companies-hope-to-pare-imports-121092701377_1.html It would also reduce imports from countries like China, Taiwan and South Korea and facilitate foreign collaborators to set up manufacturing footprint in
sanjeev sanyal: India has fiscal resources and monetary space for more government intervention if needed: Sanjeev Sanyal – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/india-has-fiscal-resources-and-monetary-space-for-more-government-intervention-if-needed-sanjeev-sanyal/articleshow/86584731.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis India would like to invest in infrastructure rather than transfer money in the hope of reviving the economy, principal economic adviser Sanjeev Sanyal
Households in southern states more indebted than rest of India: Report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/households-in-southern-states-more-indebted-than-rest-of-india-report/articleshow/86583722.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis In 2019, Telangana with 67.2 per cent had the highest proportion of its rural households indebted and Nagaland with 6.6 per cent had
India Exports: India’s agri exports are rising. But its export basket leaves one hungry for more – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/india-agri-exports-are-rising-but-its-export-basket-leaves-one-hungry-for-more/articleshow/86574099.cms SynopsisThe country has to bring in structural changes to improve the situation in agriculture. High-yielding varieties and superior post-harvest management can make the
Apart from China, consumption is not going down on oil products in near future: MK Surana, CMD, HPCL – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/energy/apart-from-china-consumption-is-not-going-down-on-oil-products-in-near-future-mk-surana-cmd-hpcl/articleshow/86581859.cmsSECTIONSApart from China, consumption is not going down on oil products in near future: MK Surana, CMD, HPCLLast Updated: Sep 28, 2021, 05:25 PM
The real agri reforms India needs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/agriculture/the-real-agri-reforms-india-needs/articleshow/86558093.cmsSynopsis To date, India’s investments in agriculture has not led to sustained increase in farmer incomes. To remedy this problem, GoI is committed to
A good start | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/a-good-start-121092701386_1.html Employment surveys should be made more relevant The Labour Bureau under the Union Ministry of Labour and Employment has released its report on the new
PLI scheme: Auto component companies hope to pare imports | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/pli-scheme-auto-component-companies-hope-to-pare-imports-121092701377_1.html It would also reduce imports from countries like China, Taiwan and South Korea and facilitate foreign collaborators to set up manufacturing footprint in
Tariffs & strategy: China can be countered by getting global value chains to shift here. But we have high trade costs
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/tariffs-strategy-china-can-be-countered-by-getting-global-value-chains-to-shift-here-but-we-have-high-trade-costs/TOI Edit Times of India’s Edit Page team comprises senior journalists with wide-ranging interests who debate and opine on the news and issues of
Why we shouldn’t abandon asset monetisation plan–Michael Pinto writes–Indian Express
Clipped from: https://indianexpress.com/article/opinion/columns/asset-monetisation-plan-indian-economy-7536157/ Michael Pinto writes: Critics overstate pitfalls, and hold it up to unreasonable standards Finance Minister Nirmala Sitharaman (PTI/File) In our present polarised atmosphere,
Why asset monetisation is imperative – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/why-asset-monetisation-is-imperative/article36683202.ece?homepage=true Given a situation of rising debt and falling revenues, the planned infrastructure push needs other resources India has announced a National Monetisation Pipeline
PIL petitioners must do their homework, can’t just ask for everything under sun: SC – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/pil-petitioners-must-do-their-homework-cant-just-ask-for-everything-under-sun-sc/articleshow/86555482.cmsSynopsis A bench of Justices D Y Chandrachud and B V Nagarathna refused to entertain a PIL seeking direction for implementation of the National
Does the turmoil in China have implications for India? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/does-the-turmoil-in-china-have-implications-for-india/articleshow/86553604.cmsSynopsis Indian steel stocks, while no longer the best bets in the market, do not appear particularly bad either. We, however, prefer non-ferrous metals
India needs 4-5 more SBI sized big banks, says FM Sitharaman | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/india-needs-4-5-more-sbi-sized-banks-says-fm-nirmala-sitharaman-121092600374_1.html There is an urgent need to scale up banking to meet the growing needs of the industry, she said Finance Minister Nirmala Sitharaman
Finmin withdraws expenditure curb, economy to get boost – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/finmin-withdraws-expenditure-curb-economy-to-get-boost/article36647600.ece Move seen as precursor to preparation of revised estimate for current fiscal With tax collections showing a rising trend, the Finance Ministry has