Gujarat deputy chief minister and finance minister Nitin Patel on Tuesday proposed Rs 183,666 crore budget for the year 2018-19.
In key reform, CCEA okays methodology for auction of coal blocks to private players for commercial use
Fadnavis said backward districts in the Marathwada and Vidarbha regions are attracting a large share of these investments.
The participants included representatives from industry, former commerce secretaries, government officials, academia, think tanks, civil society and trade policy experts.
Jio joins the list of other leading global companies such as Apple, Netflix, Tencent, Amazon, Spotify and many others.
The fraud is being probed by several agencies including Enforcement Directorate, CBI, SFIO and Income Tax Department.
As part of an MoU, Amazon India will educate, train and enable rural khadi artisans to directly sell their products to Amazon.in customers.
Briefing about his interactions with the Indian business leaders, he said prospects of Canadian investments in India were also discussed, especially the role played by the pension funds of Canada.
Prime Minister Narendra Modi on Tuesday shared his roadmap for doubling farmers’ income by 2022, saying that it will not be done by using old approach. Addressing over 300 stakeholders of agriculture during ‘Agriculture-2022: Doubling Farmers’ Incomes’, Narendra Modi laid 4-point formula for achieving the ambitious target.
Gujarat Budget highlights 2018-19: With the first budget after assuming power last year, Vijay Rupani led BJp government in Gujarat has tried to focus on the rural economy and health care. The budget also promises employment to youths and allocates substantially to boost the infra-structure.
Gujarat Budget 2018-19 updates and highlights: Gujarat deputy CM and finance minister Nitin Patel presented Gujarat Budget 2018-19 today.
Finance Minister Heng Swee Keat presented the Budget on Monday and announced ‘hongbao’ or the ‘SG Bonus’ where a part of the expected surplus from Budget of FY17 S$9.6 billion will be shared with all its citizens above 21 years of age.
As part of this partnership, customers can pay using Unified Payments Interface (UPI), Credit and Debit cards, PhonePe wallet and other external wallets like Jio Money and Freecharge for their fuel purchases, through the POS device at IOCL retail outlets in Bengaluru.
The government could turn less ambitious on the invoice-matching mechanism, one of the crucial anti-evasion measures in the goods and services tax (GST) regime, as it now reckons that cost of complying with then system to taxpayers and the tax department far outweighed the potential gains by way of plugging revenue leakages.
Number of workers affected due to strikes and lockouts in the January-October period of 2017, however, exceeded the respective numbers of 2016 and 2015
The state government has pulled out all the stops preparing for the two-day Uttar Pradesh Investors Summit 2018, beginning February 21.
The Delhi Mumbai Industrial Corridor and Development Corporation (DMICDC), after successfully awarding more than Rs 15,000-crore packages in the first phase of construction in Maharashtra, Gujarat and Greater Noida, is in an advanced stage of awarding two big multi-modal logistic hubs, valued at Rs 10,200 crore, in Uttar Pradesh and Haryana by the end of June.
Saying that Maharashtra a key role in making India make it to the top 50 target on the World Bank’s Ease of Doing Business index, NITI Aayog CEO Amitabh Kant praised the state for playing a stellar role in lifting country’s rank to top 100.
Chief Minister Devendra Fadnavis today said for Maharashtra to become a USD 1-trillion economy by 2025 it needs to grow at a 15.4 percent per annum.
Suresh Prabhu informed that government has called a meeting of all state ministers to discuss on the export strategy.
Investments would come in almost every sector, including aerospace, logistics and electric vehicle manufacturing and services industry, he added.
The Goods and Services Tax (GST) Council, headed by Finance Minister Arun Jaitley, is likely to meet next week to decide on ease of compliance in filing the GST returns.
The prospect for FY19 is not bright either as at least six states are implementing farm loan waivers and most are to factor in Pay Commission-induced salary increases for their staff.
After UDAY was implemented in November 2015, AT&C losses at the national level had fallen 1.8 percentage points to 23.9% in FY16.
Modi noted his government has taken a slew of steps to ensure all-round development of India with an ecosystem omprising a development-friendly, investor-friendly governance with minimal governmental interference.
The BJP-led government’s budget reforms have created a new work culture and are transforming the socio-economic landscape of the country, Prime Minister Narendra Modi said here today.
Modi at Global Investors’ Summit: In his speech, PM Modi said, “This event is a brilliant example of competitive cooperative federalism.” He highlighted the good work being done in various states of India regarding attracting investment. He said, “There is great competition between states to encourage investments. All state governments are focussing on it.”