Macro & Economy

India to boost Technical Textiles Sector: Irani

Seen in the picture is Union Minister for Textiles, Smriti Irani at the textiles show “artisan Speak”, at Elephanta Caves, in Mumbai on January 28, 2018.

“Under the aegis of Ministry of Textiles, for the first time in the history of India, we have dedicated to the nation 207 HSN codes for technical textiles. I see this as a function of unleashing the potential of not only technical textiles but also of an industry which impacts both our farm life and our space pursuits. This decision ...

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Macro-economic fundamentals of Indian economy sound; savings and credit demand reflect promising signs : EAC-PM

INDIA expands at 8.1 GDP Growth in Q1 2018-19

On the eve of 70th Republic Day celebrations and a week from Union Budget of 2019, there is good news for the Indian Economy as the Economic Advisory Council to the Prime Minister (EAC-PM) claim that macro-economic fundamentals are sound on taking stock of  the state of economy in its official communique issued on 25 January 2019. The Economic Advisory Council to the ...

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Prime Minister Modi to inaugurate Vibrant Gujarat Summit 2019

Vibrant Gujarat Global Trade Show

Prime Minister Narendra Modi as part of his three day visit to Gujarat beginning 17th January 2019 will inaugurate Vibrant Gujarat Global Trade Show at the Mahatma Mandir Exhibition cum Convention Center in Gandhinagar, where more than 25 industrial and business sectors will be showcased here under one umbrella. Also during the said visit he will also visit Ahmedabad, and Hazira. Modi will also inaugurate Sardar Vallabhbhai Patel Institute of ...

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VP M Venkaiah Naidu to inaugurate 25TH edition of Partnership Summit in Mumbai today

DIPP -CII- Maharashtra

The 25th edition of Partnership Summit 2019, a global platform for dialogue, debate, deliberation and engagement among Indian and global leaders on economic policy and growth trends in India, is being held in Mumbai from 12 January 2018. The two-day event will be inaugurated by the Vice President of India, M Venkaiah Naidu. The Summit is expected to build new partnerships ...

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GST Council sets higher exemption threshold limit for Supplier of Goods; India Inc expects it to boost MSMEs

GST relief to MSMEs

The GST Council in its 32nd Meeting under the Chairmanship of the Union Minister of Finance & Corporate Affairs, Arun Jaitley in New Delhi in a bid to give a boost to the MSME sector (including Small Traders) among others announced Higher Exemption Threshold Limit for Supplier of Goods. “There would be two Threshold Limits for exemption from Registration and Payment of GST for the ...

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North Block gets electric vehicle charging station as DEA adopt E-Mobility Programme

Arun Jaitley inaugurating the E-vehicle and charging station in North Block, New Delhi on January 09, 2019.  Raj Kumar Singh and the Secretary, Department of Economic Affairs, S.C. Garg are also seen.

Marking the adoption of e-mobility, Department of Economic Affairs, Ministry of Finance, Government of India has signed an agreement with Energy Efficiency Services Limited (EESL), an entity under Ministry of Power for deployment of 15 Electric Vehicles for their officers. Also, 28 charging points (24 Slow charging points, 4 Fast Charging Points) have been installed at North Block for charging ...

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NITI Aayog Releases SDG India Index to mirror India’s journey towards meeting targets and highlighting crucial gaps

SDGs India Index

The NITI Aayog released the Baseline Report of the Sustainable Development Goals (SDG) India Index on 21 December 2018, which comprehensively documents the progress made by India’s States and Union Territories towards implementing the 2030 SDG targets. The SDG India Index, which was developed in collaboration with the Ministry of Statistics & Programme Implementation (MoSPI), Global Green Growth Institute and United Nations in India, was ...

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Logistics Development Committee report bats for reforms to re-engineer Indian Logistics Sector


Boosting trade and making India a simple and easy place for doing business are integral part of the broader economic priorities of the Government. The Government is in the process of implementing a number of reform initiatives in this regard. Some reforms are designed to target the hardware aspects of trade (augmenting and modernising the hinterland logistics and infrastructure connectivity) while some ...

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NITI Aayog devises Strategy for New India @ 75

Union Minister for Finance and Corporate Affairs, Arun Jaitley

NITI Aayog unveiled its comprehensive national Strategy for New India, which defines clear objectives for 2022-23. It is a detailed exposition acrossforty-one crucial areas, that recognises the progress already made, identifies binding constraints, and suggests the way forward for achieving the clearly stated objectives. The ‘Strategy for New India @75’was released during course of a press meet held on 19 December ...

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Global average of contribution of women to GDP is twice as in India

Women Entrepreneurship Platform Conclave

The Vice President of India, M. Venkaiah Naidu has appealed to all political parties to arrive at a consensus and ensure the passage of Women’s Reservation Bill for providing reservation to women in the Parliament and state legislatures. He pointed out that reservation of seats for women in Panchayats and Municipalities has proved to be successful. He was addressing the ...

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New India needs to focus both on food security as well as nutrition security: VP @ International Conference on Endocrine Disrupting Chemicals

National Institute of Nutrition

The Vice President of India, M. Venkaiah Naidu called upon scientists, policy makers and planners to adopt new strategies to tackle the problem of malnutrition, which in its various forms is a looming threat to our development. Addressing the valedictory session of the International Conference on Endocrine Disrupting Chemicals (ECDs), organised to mark the completion of centenary celebrations of National Institute ...

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Shaktikanta Das succeeds Urijit Patel as new RBI Governor

Shaktikanta Das

Shaktikanta Das has been appointed as RBI Governor due to sudden resignation of Urijit Patel due to personal reasons on 10 December 2018. He earlier was Secretary, Department of Economic Affairs. Industry Chambers have welcomed the move anticipating it to lend stability

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