Page 5 - Economic Reforms

Door open for stimulus 6.0; govt with industry: FM Nirmala Sitharaman

Calling her stint as FM during the pandemic "the most challenging assignment yet", Sitharaman said she was not upset with the criticism that the recent stimulus package was too little

Govt ends monopoly over coal; opens mining sector to private players

Joint auctions of bauxite and coal blocks expected to reduce dependence on imports

Effective regulations and coherent policy essential for mining sector

The Ministry of Mines is now proposing a major shift in policy that can bring more than 700 mineral blocks into the auction mandate

Why the current scenario demands a mid-year economic review on priority

Impact of over-leveraging by companies on the banking sector and disruption caused by Covid-19 make for extremely unpredictable times

The job protection diktat

Govt must pay for a part of the wage cost

Travels with Montek

An absorbing account of India's economic policies over the last 40 years

Budget 2020 is indeed a 'bold' Budget; you cannot fault Sitharaman here

If doing away with tax exemptions is not 'bold', what is? It has annoyed savers which is as good a definition of 'bold' as you will ever get. Structural reform is like that only

Letter to BS: Civil liberty is important for economic reforms, investments

History bears out that democracies have consistently fuelled national growth

What can macro policy do?

Long-term structural reforms are required, such as a uniform GST and direct tax rates

Why 2020 is an important year

It will be the year to convince global investors about India's long-term bull case

Centre carrying out reforms in various sectors to boost economy, says Goyal

"The government has already carried out a number of reforms in various sectors and the reform process is a continuous process for improvement in the economy," Goyal said during the Question Hour.

Reform and Modi's gift of timing

What Modi does is not without a pattern or a method. His first term was about learning and consolidation of power. In his second term he has pushed the accelerator on reforms

Major reforms during Modi regime aimed at achieving Rs 5 trn economy: FM

Sitharaman said India's gross domestic product (GDP) growth during 2014-19 averaged 7.5 per cent, which was the highest among G-20 countries.

What does tax buoyancy indicate and how does it impact tax devolution?

Poor responsiveness of tax collection to economic growth poses new challenges for norms on sharing taxes with the states

ABB India clocks PBT of Rs 113 crore in Q3 FY20 after reform measures

Q3 was also marked by orders for smart cities in Ranchi and the ancient city of Ujjain for smart power distribution equipment like compact substations and ring main units

Boost for realty: Govt, SBI, LIC create Rs 25k-cr fund for stalled projects

Move comes a day after Finance Minister Nirmala Sitharaman announced the government was readying more reform measures to boost economy

Tax cuts: Knee-jerk or part of a plan?

Like fans of filmstars or cricketers, investors have shown abiding faith in Mr Modi, who is still seen as a doer with the right intent and strong will

Economic shudders & revival strategies

Discarding attention-grabbing slogans, the government needs to aim for real GDP growth of 8 per cent and higher

Economic recovery will be slow in coming

Neither the tax cut nor the sector-specific measures will change the near-term growth outlook dramatically

Modi's re-election will spur bolder economic reforms: US thinktank

Following the landslide victory of Prime Minister Narendra Modi, the government is expected to roll-out bolder reforms, which will position India for the next 25 years, a senior official of US-based India-centric business advocacy and strategic group said. Prime Minister Modi, on May 23, led his Bharatiya Janata Party towards a resounding victory for a second term in office. "Indian voters have sent a message, they want a leader who can improve on the economy, their quality of life, create jobs and make India a nation which is rising itself. They saw Modi as an individual who can deliver on that," US-India Strategic Partnership Forum (USISPF) President & CEO Mukesh Aghi told PTI. He further said that "expectations are very high and with such a large majority, we feel that there would be bolder reforms coming through, which will position India for the next 25 years". On May 30, Modi was sworn in as the Prime Minister for a second term helming a 58-member ministry. Besides 25 ...