[ad_1] The Union Budget for 2024-25, in my view, has certainly drawn up a detailed roadmap and laid foundations for ‘Amrit Kaal‘ to pursue the goal of a ‘Viksit Bharat’. The government has articulated well its planning to foster long-term growth drivers for sustainable development, improvement in productivity, and creating opportunities for all. The Budget envisages…
[ad_1] Kumar Mangalam Birla | Photo Credit: PTI Finance Minister Nirmala Sitharaman accelerated the government’s thrust on the crucial infrastructure sector in her seventh successive Budget presentation and the first of PM Modi’s third term. A massive expansion in urban housing at an investment of ₹10 lakh crore, a rural roads programme worth ₹26,000 crore are among…
[ad_1] R. Dinesh | Photo Credit: AFP I would like to congratulate the Finance Minister for laying a well-defined road map for Viksit Bharat 2047 while continuing the focus on the immediate requirement. While each of the nine tracks highlighted in the budget have many areas to appreciate, the focus on employment generation will be…
[ad_1] Jairam Varadaraj | Photo Credit: The Hindu The world is witnessing unprecedented disruptions and uncertainty. India, however, presents the promise of growth, stability, and opportunities for investment. To avail of these opportunities, multiple steps were necessary: strong capital expenditure and infrastructure push by the Indian government; significant support to small and medium enterprises; job…
[ad_1] The 2024 Budget signals policy continuity. The economy and the fiscal situation are in fine fettle. We are targeting real growth rates of 7%+ whilst keeping fiscal deficit at 4.9% for the year gone by (versus the 5.1% indicated earlier) and reducing it further to 4.5% in the coming year. Reassuringly, we are continuing…
[ad_1] R. Nandini | Photo Credit: SPECIAL ARRANGEMENT The Union Budget presented by the Finance Minister on July 23 embodies an inclusive and progressive vision, effectively addressing the diverse concerns of various sectors of the economy. It not only recognises a significant portion of the recommendations put forth by economic advisers and experts but also…
[ad_1] Lakshminarayanan Duraiswamy. The Indian real estate sector has been experiencing a significant boom in recent quarters, driven by factors such as rapid urbanisation, policy reforms, increase in disposable income and a continuous growth in consumer sentiments. Last year, the sector registered remarkable progress, consolidating its position among various other sectors. And indeed, the Finance…
[ad_1] The Union Budget 2024, presented by Finance Minister Nirmala Sitharaman, represents a significant milestone in India’s ongoing journey towards inclusive growth and economic resilience. With a strategic emphasis on job creation, infrastructure development, support for MSMEs, and affordable housing, this Budget addresses the nation’s critical needs while prudently reducing the fiscal deficit to 4.9%….
[ad_1] File picture of Chhattisgarh Chief Minister Vishnu Deo Sai | Photo Credit: PTI While the Union Budget does not make any specific announcement for Chhattisgarh, the Pradhan Mantri Janjatiya Unnat Gram Abhiyan, aimed at improving the socio-economic conditions of tribal communities, will impact families in the tribal-majority villages in both north and south Chhattisgarh. The Budget does mention…
[ad_1] Job seekers in Kerala. | Photo Credit: The Hindu The chapter on employment in the Economic Survey starts with the observation: “Employment is the crucial link between growth and prosperity, and its quantity and quality determine the extent to which economic output translates into better quality of life for the population.” This “crucial link”…
