Economy

Economic Survey 2019: Foreign investments will trigger a virtuous cycle, says CEA K Subramanian

The global environment both in terms of liquidity and surplus is benign. There is a lot of flush liquidity looking for good avenues for investment, says CEA K Subramanian

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Economic Survey 2019: Over 90% MGNREGS payments in 15 days under Direct Benefit Transfer boost

Survey suggests that the data on demand for work under MGNREGS can be developed into a real-time measure to track distress

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Economic Survey 2019: Sustainable energy a case for clean-coal power plants

India has committed to source 40% power from non-fossil fuel based generation capacities by 2030

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Economic Survey 2019: India can be a hub for electronic vehicles, but charging infra is key

Survey says appropriate policy measures to make EVs an attractive alternative to conventional vehicles and curb pollution while reducing import of crude oil

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Economic Survey 2019: This year’s annual survey misses the pont, says Rupa Rege Nitsure

The Survey asserts the government stood by its path of fiscal consolidation in FY19. But one sees a wide gap in fiscal consolidation as a result of extraordinary build-up in off-budgetary borrowings a

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Economic Survey 2019: Delays affect ease of doing business

The SC ought to cut down on holidays; 100% CCR possible with 2,279 more judges in lower courts and 93 in high courts

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Economic survey 2019: Investments must nearly double to 7-8% of GDP

Private investment in infrastructure has come mainly in the form of public-private partnerships

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Economic Survey 2019: Retirement age may need to go up

Working-age segment to peak at 59% of population in 2041 and an ageing society will follow

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Economic survey 2019: Focus on investment and sharpening the edges

The question really is whether these green shoots blossom or not. At present, the picture on farming does not look comfortable with a delayed monsoon. Industrial output will have to be watched and the

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Economic Survey 2019: Make farming sustainable for smallholders

The government had allocated `1.84 lakh crore as food subsidy for 2019-20 (interim budget), up by 8% from the previous year

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Economic Survey 2019: Tax-GDP ratio slipped to 10.9% in FY19

It also noted that improved quality of assessment over the last three years had led to reduction in pendency of direct refund cases.

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Economic Survey 2019: B2C start-ups receive more funds

The Survey noted that the government has taken several initiatives to boost the start-up economy.

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Economic Survey 2019: Allow private sector access to data base

Survey seeks to link public data and social welfare schemes, suggesting that under various scenarios in agriculture, healthcare, education and other areas, harnessing of data led to improvements in pu

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Economic Survey 2019: Makes a case for rationalising risk-reward trade-off for investments

The survey recommends putting in place a simple national minimum wage code (in line with ILO standards) to offset the weak bargaining position of unskilled workers.

Budget 2019, Union Budget 2019 India, Budget 2019 India, Budget 2019-20, GST, Section 80D, first woman Finance Minister, Nirmala Sitharam News

Economic Survey 2019: Reorient policies to force MSMEs to grow, say experts

Job creation in India suffers from policies that foster dwarfs i.e. small firms that never grow

Economic Survey 2019, Reorient policies, MSMEs News

Economic Survey 2019: Rajasthan shows the way in labour reforms

In 2014, Rajasthan was the first state that introduced labour reforms

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Economic Survey 2019: Virtual circle can sustain 8% growth

The Survey challenges the claim that investment displaces jobs, saying this remains true only when viewed within the silo of a specific activity

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Budget 2019: Here’s why Modi government may offer sops to boost electronic exports

Union Budget 2019 India: The Indian Cellular and Electronics Association (ICEA) has recommended that MEIS must be enhanced to at least 8% for a minimum period of 5 years.

Budget 2019, Union Budget 2019 India, Budget 2019 India, Budget 2019-20, NPS, EEE, tax-exempt, retirement, life insurance company, annuity, pension News

Supreme Court dismisses contempt plea against Hasmukh Adhia, Ajay Bhushan Pandey

The petitions were filed by an Indian Revenue Services (IRS) official SK Srivastava who was among 27 tax officials recently forced by the government to retire under section 56(j) of fundamental rules.

Supreme Court, Supreme Court case, Supreme Court plea, Hasmukh Adhia, Ajay Bhushan Pandey News

High taxes and levies impede investments in mining sector

As per government think-tank Niti Aayog, India’s mineral imports, estimated at Rs 3,73,662 crore, far outstripped the value of domestic mineral production (excluding coal, atomic and fuel minerals)

High taxes, mining sector, Mining in India, Niti Aayog, mineral imports, economy news

India rates convention to check tax evasion

After the MLI takes effect, India’s DTAA will have a new Preamble and the Principal Purposes Test (PPT). The changes would also lead to curbing of artificial avoidance of Permanent Establishment (PE

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SC asks sugar mills to show they met eligibility criteria for UP scheme

The sugar mills had challenged the revocation of the policy before the Allahabad High Court, claiming that they had relied and acted upon the promise of benefit made by the government and had conseque

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PNGRB cuts tariff for KG Basin gas pipeline network

Till June 30, 2019, GAIL was charging customers Rs 45.32 per mmBtu starting April 1, 2019 against GAIL’s proposal of Rs 47.20 per mmBtu.

PNGRB, PNGRB tariff, KG Basin, KG Basin gas pipeline, gas pipeline network News

June monsoon deficit at 32%, July rains to aid Kharif sowing

A good spell of rainfall during the first half of this month may improve the sowing activities further, particularly of pulses and soyabean in central India and the cotton belt of Vidarbha.

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Modi sets up chief ministers’ panel for agriculture reforms

The committee would suggest modalities for adoption and time-bound implementation of agriculture sector reforms in two months, the government said in a statement.

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Govt sharply raises April growth from 2.6% to 6.3%

The primary reason for the increase was a massive change in the growth rate of the output of steel, a fairly organised industry, in April from just 1.5% earlier to 19% now.

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Swift info sharing and extradition treaties will check financial frauds: VP Venkaiah Naidu

M Venkaiah Naidu strongly supported the drive to curb financial frauds, while raising questions on some countries who allow such people to take asylum in their jurisdictions.

Venkaiah Naidu, Venkaiah Naidu news, fraudsters scam, Chartered Accountants of India, iCAI, economy news
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