State governments have requested the Centre for export incentives, lifting of import duty in the case of cotton for the textile sector and GST exemptions.
'If you don't fulfil whatever they ask, you are in trouble.'
Elections are not won or lost by expounding on such macro-economic matters. For the aam admi, what matters in manifestos are promises that will improve their quality of life, notes Vinayak Chatterjee.
'Whatever I have directed has been so far from my world.'
A combination of one of the lowest labour costs and a large surplus workforce, which will continue to grow until 2031, is one of the key competitive edges that India is leveraging to challenge its rivals in Southeast Asia in the race for a China-Plus-One strategy. Apart from India, the countries in the race to woo global companies that manufacture in China, as well as the supply chains to their country include Thailand, Indonesia, Malaysia, the Philippines, and Vietnam. On the labour front, India is a clear winner.
Sector-wise, the study revealed that the core industries have witnessed virtually negative growth in headcount, with crude oil just about maintaining the employment level.
The commerce and industry ministry may withdraw incentives offered to certain export-oriented industries and reallocate these to the sectors that are struggling for survival after a review in April.
No prior approvals required for setting up off site ATMs will enable banks speed up their franchise expansion.
Reeling under the impact of global slowdown, India's exports declined by 12.1 per cent in October this fiscal causing concerns of job losses in export-oriented manufacturing units.
Singh asserted that the domestic challenges of India's economy were daunting in their complexity and devastating in their impact on the society.
'We have already sanctioned loans worth over Rs 3,000 crore to around 120,000 customers.'
'The economy of Kashmir has collapsed.'
Jammu and Kashmir Chief Minister Mufti Mohammad Sayeed on Thursday visited Sopore town that had been in the news recently for violence and attacks on the mobile service providers and telecom towers.
Not only is gold a hedge against currency depreciation, rising crude prices and uncertainty, it is up 7 per cent (in dollar terms) in the past 12 months, says Devangshu Datta.
Ten images that show it's an odd, odd world we live in.
Stepped up public expenditure must be accompanied by focused policies, advises Vinayak Chatterjee.
Until Delhi and Beijing resolve outstanding border issues within an accelerated time frame, standoffs like Doklam will be repeated across various peaks along the Himalayas, says Mathew Maavak.
'Under-employment continues to be a very big problem.' 'What we see today is many youth who would have accepted any kind of job are not willing to accept any job.' 'They are ready to wait for a better job, one that justifies their educational qualification. 'This is one of the reasons why unemployment has risen.'
To generate ample private sector interest, there is a need to introduce market-linked tariff rates.
China's move to devalue its currency has exposed the fragility of its economy.
RBI must balance the need for improving domestic bank credit demand and respond to lower inflation.
Budget should be a platform for govt to take bold steps.
Its new industrial policy appears to benefit industrial houses
In February 2012, Laundry Project opened its first factory in Chennai. Initially, it catered to hotels - Taj, Oberoi, Marriot, Ascot and Radisson.
National carrier Air India is running in losses and needs government's attention.
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