The Economic Survey identifies several levers for furthering wealth creation: entrepreneurship at the grassroots as reflected in new firm creation in India’s districts; promote “pro-business” policies that unleash the power of competitive markets to generate wealth as against “pro-crony” policies that may favour incumbent private interests.
National Infrastructure Pipeline to give top priority to energy, roads, urban development and railways in 5 years. The Centre unveiled the National Infrastructure Pipeline (NIP) with projects worth ₹102-lakh crore.
The Fifteenth Finance Commission (FC), in its report for fiscal year 2020-21, has recommended a marginal reduction in the vertical devolution of the divisible tax pool to 41 per cent from the prevailing 42 per cent.
India warned developed countries that their reluctance to loosen purse strings to support climate change mitigation plans by developing countries may threaten the progress achieved, leading to an uncertain future.
The Union budget 2019-20 presented by the Finance Minister Nirmala Sitharaman prioritises agriculture and water sectors. The proposed Budget 2019-20 has historic allocation for the Ministry of Agriculture and Farmers’ Welfare: Rs 1,30,485 crore —the highest-ever. National Rural Drinking Water Programme got Rs 9,150.36 crore --- increase of 69% from last year
By 2050, India will be in the global hot spot for ‘water insecurity' and there is an urgent need to focus on irrigation water productivity to raise agricultural productivity says the Economic Survey tabled in the Lok Sabha today.
By 2050, India will be in the global hot spot for ‘water insecurity' and there is an urgent need to focus on irrigation water productivity to raise agricultural productivity says the Economic Survey tabled in the Lok Sabha today.
The Economic Survey of India (ESI) 2017-18 was tabled in parliament marking the first business of this year’s budget session. The ESI document gives an account of the performance of India’s economy during the ongoing fiscal while also providing projections for the upcoming financial year 2018-19.
The 2017 Union Budget was broadly focused on 10 issues — farming sector, rural population, youth, poor and health care for the underprivileged, infrastructure, financial sector for stronger institutions, speedy accountability, public services, prudent fiscal management and tax administration for the honest.
