News for 'Package Scheme of Incentives'

Explained: The Amul vs Nandini row in poll-bound Karnataka

Explained: The Amul vs Nandini row in poll-bound Karnataka

Rediff.com11 Apr 2023

What is the Amul Vs Nandini battle. Why does the opposition see red over the Gujarat dairy brand's Bengaluru foray with its brand of milk and curd. An explainer seeks to shed light on the issue.

TCS slashes variable pay

TCS slashes variable pay

Rediff.com5 Aug 2003

Cabinet okays Rs 3 lakh cr emergency credit line for MSMEs

Cabinet okays Rs 3 lakh cr emergency credit line for MSMEs

Rediff.com20 May 2020

The Union Cabinet on Wednesday approved additional funding of up to Rs 3 lakh crore at a concessional rate of 9.25 per cent through the Emergency Credit Line Guarantee Scheme (ECLGS) for the MSME sector hit hard by the coronavirus crisis. The ECLGS was the second-biggest component of Rs 21 lakh crore comprehensive package announced by Finance Minister Nirmala Sitharaman last week.

Coming soon: iPhone 14 -- made in India, made for the world

Coming soon: iPhone 14 -- made in India, made for the world

Rediff.com26 Sep 2022

Apple's newest phone iPhone 14 will be made in India as the global tech titan bets big on the manufacturing prowess of the world's second-biggest smartphone market after China.

Sitharaman unveils Rs 6 lakh cr stimulus, more to follow

Sitharaman unveils Rs 6 lakh cr stimulus, more to follow

Rediff.com13 May 2020

Finance Minister Nirmala Sitharaman on Wednesday announced Rs 3 lakh crore collateral free automatic loan for businesses, including MSMEs, to benefit 45 lakh small businesses. Detailing parts of the Rs 20 lakh crore economic stimulus package, she said this loan will have a 4-year tenure and will have 12-month moratorium, she said.

Modi meets top American CEOs in first engagement in US

Modi meets top American CEOs in first engagement in US

Rediff.com23 Sep 2021

Prime Minister Narendra Modi began his engagements in the US on Thursday by meeting with leading American CEOs from five different key sectors and highlighted the economic opportunities in India.

India eyes $900 billion exports by 2020; sops for exporters

India eyes $900 billion exports by 2020; sops for exporters

Rediff.com1 Apr 2015

The government announced several incentives in the five-year Foreign Trade Policy.

Sitharaman likely to focus on poor, farm sector next

Sitharaman likely to focus on poor, farm sector next

Rediff.com14 May 2020

Later, there may be some tax relief aimed at the middle class and measures to benefit the sectors worst hit by Covid-19 and the resultant nationwide lockdown.

India Inc against investing in new parliament building and bullet train

India Inc against investing in new parliament building and bullet train

Rediff.com8 Jan 2021

A majority of the CEOs are expecting the economy to show growth in the next financial year on the back of rising consumer spending and a sharp turnaround in rural India.

India to have 1 billion smartphone users by 2026: Deloitte

India to have 1 billion smartphone users by 2026: Deloitte

Rediff.com22 Feb 2022

India will have 1 billion smartphone users by 2026 with rural areas driving the sale of internet-enabled phones, a Deloitte study said on Tuesday. India had 1.2 billion mobile subscribers in 2021, of which about 750 million are smartphone users. It is poised to be the second-largest smartphone manufacturer in the next five years. "The smartphone market is expected to reach 1 billion smartphone users by 2026," according to Deloitte's 2022 Global TMT (Technology, Media and Entertainment, Telecom) predictions.

New foreign trade policy to stress manufacturing exports

New foreign trade policy to stress manufacturing exports

Rediff.com29 Mar 2015

New foreign trade policy to stress manufacturing exports.

Modi Must Fix His Problems With The States

Modi Must Fix His Problems With The States

Rediff.com5 Oct 2021

Given the many policy areas where the Centre and the states have not been seeing eye to eye in the last few years, it is time the Modi government convenes a meeting of the Inter-State Council, recommends A K Bhattacharya.

How chana saved govt's plan to distribute free pulses

How chana saved govt's plan to distribute free pulses

Rediff.com17 Jul 2020

Distributing chana is easier than other varieties of pulses as it only requires cleaning and sorting and can be consumed whole; it was also abundantly available with Nafed.

Ramping up vax cover key to restoring economic activity: FinMin

Ramping up vax cover key to restoring economic activity: FinMin

Rediff.com10 Jul 2021

Maintaining a rapid pace of the vaccination drive and quickly bridging healthcare infrastructure gaps across both urban and rural areas would emerge as the most sustainable stimulus for durable recovery of the Indian economy, says a report by the department of economic affairs.

Tamil Nadu EV policy seeks to attract Rs 50,000 cr, create 150,000 jobs

Tamil Nadu EV policy seeks to attract Rs 50,000 cr, create 150,000 jobs

Rediff.com17 Sep 2019

The government will create an EV Venture Capital Fund, for financial support to start-ups in the segment. The overall aim is to make Tamil Nadu the preferred destination for EVs and component makers.

Beware Of Agnipath!

Beware Of Agnipath!

Rediff.com13 Jul 2022

The greatest unknown in this risky initiative lies in the way human relationships will play out -- not just between the Agniveers, who will be competing with their fellows for permanent jobs beyond their four-year tenures -- but also between the Agniveers and existing full-time soldiers, warns Ajai Shukla.

Bajaj Auto rides on Pulsar, KTM to soften pandemic blow

Bajaj Auto rides on Pulsar, KTM to soften pandemic blow

Rediff.com25 Oct 2020

The maker of Pulsar and Discover reported a net profit of Rs 1,138.20 crore in the second quarter, compared to Rs 1,402.42 crore a year ago.

Modi to meet 15 global funds as India seeks investment to lift economy

Modi to meet 15 global funds as India seeks investment to lift economy

Rediff.com22 Oct 2020

The main purpose of the meeting is to assess their views on reforms that are required to attract long-term capital into the country.

Is it end of the road for tax breaks?

Is it end of the road for tax breaks?

Rediff.com16 Oct 2013

Anand Sharma working tirelessly for extension of tax breaks that expired on March 31, 2010.

Govt paves way for Rs 50k-cr projects to set up chip fabs

Govt paves way for Rs 50k-cr projects to set up chip fabs

Rediff.com13 Sep 2013

For the past few weeks, the government has been in an overdrive, pushing stuck projects with the larger aim to improve the country's economic growth, which had fallen to a four-year low of 4.4 per cent in the first quarter of this financial year.

Dept of Public Enterprises now part of FinMin

Dept of Public Enterprises now part of FinMin

Rediff.com7 Jul 2021

The government has merged the Department of Public Enterprises (DPE) with the finance ministry to give it a better control over state-owned firms and facilitate its ambitious privatisation programme. Finance ministry will now have six departments while DPE's hereto parent ministry, the ministry of heavy industries and public enterprises will now be called the ministry of heavy industries. Previously, the disinvestment ministry - created under the Atal Bihari Vajpayee government - was merged with the finance ministry and is now a department under it. Also, Foreign Investment Promotion Board (FIPB) was abolished and administration of foreign investments was given to the finance ministry (FinMin).

Ending single-use plastic is real test for Modi

Ending single-use plastic is real test for Modi

Rediff.com1 Sep 2019

Can Modi enthuse BJP workers to pursue the end of single-use plastic with the same vigour and enthusiasm as they celebrated the attack on a neighbour, asks Aditi Phadnis.

415 mn Indians exited poverty in 2005-21, UN calls it historic

415 mn Indians exited poverty in 2005-21, UN calls it historic

Rediff.com17 Oct 2022

The number of poor people in India fell by about 415 million between 2005-06 and 2019-21, a "historic change" and a demonstration that the Sustainable Development Goal target of reducing at least by half the proportion of men, women and children of all ages living in poverty by 2030 is possible to achieve, even at a large scale, according to the UN.

Finally, some good news for tourism sector

Finally, some good news for tourism sector

Rediff.com25 Oct 2020

Goa, Kerala, Maldives and Dubai are among the popular destinations.

'Markets will remain choppy till 2021-end'

'Markets will remain choppy till 2021-end'

Rediff.com4 Sep 2021

'There is a lot of interest from potential clients who have remained away from the markets in past years.' 'They are evaluating whether this is a good time to enter, especially since there are very few alternatives to earn meaningful returns.'

Round 3: How Sitharaman plans to revive economy

Round 3: How Sitharaman plans to revive economy

Rediff.com14 Sep 2019

In another round of economic booster, Sitharaman announced steps to help homebuyers and push exports.

Planning to visit Thailand? You have reason to celebrate!

Planning to visit Thailand? You have reason to celebrate!

Rediff.com28 Jan 2019

These measures are part of initiatives by these nations to attract Indian tourists, says Aneesh Phadnis.

Budget: Time to improve on the good work done

Budget: Time to improve on the good work done

Rediff.com2 Mar 2016

The Budget has unveiled measures that should now pave the way for India to progress from Make in India to 'Innovate in India'.

Here's how the commerce minister plans to boost India's exports

Here's how the commerce minister plans to boost India's exports

Rediff.com2 Apr 2015

The government on Wednesday unveiled the FTP for 2015-20.

5 factors that may help markets scale new highs

5 factors that may help markets scale new highs

Rediff.com29 Jan 2021

Market participants are hoping for a few tweaks on the taxation front which will encourage consumers and businesses to spend.

Why SEZs in India have failed

Why SEZs in India have failed

Rediff.com4 Dec 2014

Special Economic Zones are likely to be central to realising Prime Minister Narendra Modi's ambitious Make in India agenda.

Planning to buy an Apple iPhone 12 in India? Think again

Planning to buy an Apple iPhone 12 in India? Think again

Rediff.com27 Oct 2020

A Dubai trip plus Apple iPhone 12 is cheaper than buying the phone in India. Various models of the iPhone 12 Pro and Max are cheaper in Dubai by up to Rs 35,000 owing to higher GST, Customs duty in India.

Returning migrants: Boon or bane for states?

Returning migrants: Boon or bane for states?

Rediff.com29 May 2020

For states like West Bengal, Bihar, Odisha, Jharkhand and Uttar Pradesh, where migration is high, the return of workers could be as much an opportunity as a liability. All states have launched portals to register migrant workers; additional fields like nature of employment and remuneration in the past 2-3 years are being added to help in skill mapping.

Why notes ban is good news for people of this MP town

Why notes ban is good news for people of this MP town

Rediff.com8 Dec 2016

In the second of a four-part series, Business Standard checks out the currency press in Dewas to find target-based allowances have increased the monthly salary of employees from Rs 10,000 to Rs 30,000, at a time when notes are being printed 24x7.

Full Text: President's joint address to both houses of Parliament

Full Text: President's joint address to both houses of Parliament

Rediff.com31 Jan 2022

Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.

Finally some good news for 32 mn construction workers

Finally some good news for 32 mn construction workers

Rediff.com6 Jul 2020

Apart from Bihar, Chhattisgarh and Jharkhand, where none of the estimated 6.7 million construction workers got cash transfer benefits, the coverage of the construction workers was the lowest in Delhi, where only about 5 per cent of the estimated workers received cash under the PMGKY, followed by Kerala and Uttar Pradesh (22 per cent), among major states. In India, construction workers belong to the unorganised sector but account for the highest share of non-farm jobs after manufacturing.

With Budget, Arun Jaitley stays the course

With Budget, Arun Jaitley stays the course

Rediff.com2 Feb 2017

Finance minister attempts a clean-up job, keeps projected expenditure growth low.

Rahul's NYAY: Where will the money come from?

Rahul's NYAY: Where will the money come from?

Rediff.com27 Mar 2019

Experts say the party is undoing what it achieved through MNREGA by targeting beneficiaries

Why election manifestos are fast losing credibility

Why election manifestos are fast losing credibility

Rediff.com17 Apr 2019

A political party's manifesto is the first stage of building a compact with the voters in any governance plan. If that compact is dependent on a document that reeks of fiscal imprudence and lacks credibility, it is a serious setback to the country's democracy and governance, says A K Bhattacharya.