Clipped from: https://indianexpress.com/article/opinion/columns/india-budget-2021-msme-sector-covid-19-impact-economy-nirmala-sitharaman-7170475/ The budget should have shown how serious it was about inclusive growth by announcing direct cash support to informal workers, circular migrants, agricultural
Category: Economy
Budget balances next quarter with next quarter-century, blends prudence, ambition–MANISH SABHARWAL WRITES: INDIAN EXPRESS
Clipped from: https://indianexpress.com/article/opinion/columns/budget-nirmala-sitharaman-coronavirus-pandemic-economy-rbi-7170476/ This budget reflects policymaking that is risk-taking and ambitious. More importantly, when seen with the three Covid mini-budgets and seven previous annual budgets,
Sitharaman has faced down critics to unshackle India’s economic growth story | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/columns/nirmala-sitharamam-indian-economy-budget-7176525/ Surjit S Bhalla writes: What is even more remarkable is that the good budget came in the year of the farmers protests. Fianance
Early signs of IPO fatigue visible – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/early-signs-of-ipo-fatigue-visible/article34179065.ece Every second stock that posted gains on debut in last one year has slipped India’s IPO market boom, which began exactly a year
foreign trade policy: How an effective trade policy can help MSMEs spread their wings – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/policy-trends/how-an-effective-trade-policy-can-help-msmes-spread-their-wings/articleshow/81720782.cmsSynopsis India’s Foreign Trade Policy should pave newer ways for small businesses and freelancers to grow their presence beyond the country and reach global
US President Joe Biden’s sensible stimulus – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/us-president-joe-bidens-sensible-stimulus/2221352/ Although the US’s output growth is likely to be above potential next year, a relatively flat Phillips curve implies that inflation is unlikely
View: New foreign trade policy is an opportunity for MSMEs to leverage e-commerce for their growth – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/view-new-foreign-trade-policy-is-an-opportunity-for-msmes-to-leverage-e-commerce-for-their-growth/articleshow/81713632.cms Synopsis–India’s 2021-26 foreign trade policy (FTP), currently under formulation, is likely to be released on April 1. The earlier FTP that was due
Financial services space set for disruption over next 10 yrs: K V Kamath – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/financial-services-space-set-for-disruption-over-next-10-yrs-k-v-kamath/articleshow/81710617.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis “Unless you internalise it’s going to be a digital world…we will see a very quick evolution of this space in the next 10
Who pays the price of oil? – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/price-pinch-who-pays-the-price-of-oil/2214927/ The effect of higher oil prices is likely to spread widely, denting tax revenues, corporate margins, household purchasing power. We estimate that it
A DFI is a good idea, but it must not function like a PSU – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/a-dfi-is-a-good-idea-but-it-must-not-function-like-a-psu/2214970/ If the govt lowers its stake to below 50%, the 3Cs won’t apply to the DFI; how it is staffed will also be
‘Atmanirbhar’ artisans – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/atmanirbhar-artisans/article34093528.ece This is the key to a self-reliant MSME sector Finance Minister Nirmala Sitharaman, in Budget, 2021–22, said the MSME sector is being redefined
Following record accretion, RBI stops adding to its forex kitty since February – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/following-record-accretion-rbi-stops-adding-to-its-forex-kitty-since-february/article34093285.ece India’s foreign exchange reserves are amongst the highest globally, standing at $580 billion as on March 5, 2021. But the reserves have been
PLI helping big auto firms – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/pli-helping-big-auto-firms/article34101860.ece Eligibility norms shouldn’t be skewed against small units The lion’s share has gone to the automotive and auto-component industries — ₹57,042 crore over
Small units are big growth drivers – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/small-units-are-big-growth-drivers/article34101340.ece The govt has taken many steps to support MSMEs. A nudge can propel the sector to contribute a lot more to growth The
DFI bond subscribers to get tax reimbursement from Centre’s Rs 5K cr grant | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/dfi-bond-subscribers-to-get-tax-reimbursement-from-centre-s-rs-5k-cr-grant-121031900047_1.html The Cabinet on Tuesday approved the Bill to create the government-promoted DFI The Rs 5,000-crore corpus will also help in defraying hedging costs
Scrappage plan has sops for buying new vehicles, pain for driving old ones | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/scrappage-plan-has-sops-for-buying-new-vehicles-pain-for-driving-old-ones-121031801400_1.html Policy will increase business, employment and reduce pollution, says transport minister Automakers count on the new policy to boost sales that crashed when
GST cut needed to make the scrappage policy work – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/gst-cut-needed-to-make-the-scrappage-policy-work/2216408/ Given the impact on the environment, both the Centre & states must help encourage users to scrap their vehicles Gadkari has said that
New FDI route through NRIs? – The Financial Express
Clipped from: https://www.financialexpress.com/economy/dpiit-note-new-fdi-route-through-nris/2216382/ A senior government official told FE that the new notification is essentially a clarification to make it more explicit and clear any doubt.
Scrappage policy will have revolutionary impact: Renault India CEO – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/logistics/scrappage-policy-will-have-revolutionary-impact-renault-india-ceo/article34106146.ece Will elevate auto manufacturing in India to global standards The announcement of a scrappage policy by the Central government is indeed a historic
The engine of financial inclusion needs the oil of financial literacy to move the economy forward: Kunal Shah – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/et-evoke/the-engine-of-financial-inclusion-needs-the-oil-of-financial-literacy-to-move-the-economy-forward-kunal-shah/articleshow/81593898.cms Synopsis–Writing in ET Evoke, Kunal Shah discusses why it is essential for India’s national growth to empower every citizen with education about money:
