Strengthening of multilateral institutions a priority, she says as country outlines its vision as G20 president
Companies are reluctant to invest in new factories and plants when existing capacity is not fully utilised
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India has assumed the presidency of G20 for the current year
Revival in capex in the non-corporate sector, which is our MSME (micro, small, and medium enterprises) sector, is beginning now
The government is strongly presenting India to multinational companies as a country where they can set up their factories apart from China and the EU, Finance Minister said
Nirmala Sitharaman said that for the next 25 years, India is focussing on the four 'I's - Infrastructure, Investment, Innovation and Inclusion
Here is a brief status check of some initiatives that the Finance Minister touched upon in the Union Budget 2022
The government's decision to not list any new entity for privatisation may be because of the prevailing market conditions
For artisans, Mitra said, out of 48,153 applications, 29,656 were rejected in the same six-month period, a rejection rate of 62 percent
Finance minister Nirmala Sitharaman will present the 2023-24 Budget in Parliament on February 1, 2023
Union Finance Minister Nirmala Sitharaman on Sunday said it is the energy of the young minds which motivates the country to keep moving forward
Finance Minister on Sunday said the central government is engaging with states and local administrations to ensure that benefits of Ease of Doing Business (EoDB) initiatives reach the ground
The finance minister also urged women to form FPOs in their respective areas and avail bank loans to develop storage and processing units in their villages
Finance Minister Nirmala Sitharaman said it is the energy of the young minds which motivates the country to keep moving forward
The finance minister and Lok Sabha Speaker Om Birla, who is also the MP from Kota - Bundi, will distribute loans to street vendors, small scale entrepreneurs and cattle rearers
The minister said along with the old tax regime, the government has come up with a parallel system which has no exemptions, but with simpler and more favourable tax rates
Growth beyond 6% can happen, but there are constraints on both fiscal and monetary policy, which must focus on reducing the current account deficit, the fiscal deficit and inflation, writes T N Ninan
Outlay for next year likely to be around Rs 9.5 trillion
NIP has expanded to over 9,000 projects covering 34 infrastructure sub sectors