Budget

Food Processing sector gets Rs.10,900cr PLI scheme The Government has recently launched Rs.20,900 crore incentive and initiative schemes to increase private sector investment for overall development of Food Processing sector of the country and promote value addition in agricultural and...

Government to spend Rs.23,123cr on health system The Cabinet has approved a new Rs.23,123 crore scheme ‘India COVID-19 Emergency Response & Health System Preparedness Package: Phase-II’ for FY 2021-22 to accelerate health system preparedness for immediate responsiveness for early prevention,...

Sitharaman wants MSME’s dues cleared at the earliest Finance Minister Nirmala Sitharaman has told the Ministries to explore PPP mode for viable projects and actively get projects funded through innovative structuring and financing. She also wants the Ministries to provide...

Union budget had strong focus on digital transformation About 50% of the Indian respondents to an international survey on small to mid-sized businesses (SMBs) have sought the government support, with a majority receiving benefits, according to C2FO, the world’s largest...

GIFT City-SGX to boost investment in India Commerce and Industry Minister Piyush Goyal believes that the new regional order that will emerge, post-COVID-19 pandemic, will rest on the strong shoulders of Singapore and India. Delivering keynote address at India-Singapore CEO...

On the anvil: Next phase of Kochi Metro The Prime Minister, Narendra Modi, highlighted on 14 Feb 2021 this year's budget allocation of over Rs.163,000 crore for 190-km of the Chennai Metro Rail Phase II while flagging off Japanese-supported Phase...

Prakash lists industries getting Government support To enhance India’s Manufacturing Capabilities and Exports, an outlay of Rs.1.97 lakh crore has been announced in Union Budget 2021-22 for Production Linked Incentives (PLI) schemes for 13 key sectors for a period of...

Hopes on Budget 2021-22 to accelerate economic growth The Reserve Bank of India (RBI) has kept benchmark interest rate unchanged at 4% while maintaining an accommodative stance, implying rate cuts in the future if need arises to support the COVID-19...

Long-term objectives to have funds replace Govt spending The Finance Act, 2020, has introduced tax exemptions for Sovereign Wealth Funds (SWFs) and Pension Funds (PFs) for income in the nature of dividend, interest or long-term capital gains arising from investments...

Saraf calls for a National Shipping Line to help exporters Positive growth of about 5.5% with US$27.24 billion of exports show not only signs of better order booking position but further improvement in coming months and the new fiscal, reiterated...