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Economy

Two ways to look at GDP

August 13, 2019 - by Abdul

Researchers and academicians have raised doubts about the new methodology employed by the Central Statistics Office(CSO) to estimate India’s gross domestic product(GDP). In 2015,CSO had introduced a new series of …

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Economy

Wage code looks to check graft in inspection system

August 12, 2019August 12, 2019 - by Abdul

Parliament has passed the Code on Wages Bill, 2019.The Bill has subsumed existing laws related to workers remuneration. The bill will replace the (a)Payment of Wages Act,1936, (b)Minimum Wages Act,1948 …

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Economy

‘Uber for tractors’: Government to launch app to aid farmers

August 12, 2019August 12, 2019 - by Abdul

The agriculture ministry has developed a farm equipment rental app for Indian farmers called Uber for tractors. The app will allow the farmers to hire tractors, rotavator and other farm …

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Economy

FM Sitharaman meets realtors, homebuyers; govt to tackle liquidity issues, stalled projects

August 12, 2019August 12, 2019 - by Abdul

Finance minister has interacted with the industry representatives to understand measures required to remove friction points in the economy. The measures are aimed at ensuring easy availability of funds to …

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Economy

Certification of seeds to be made mandatory to step up farm output

August 11, 2019August 12, 2019 - by Abdul

The Union Government is planning to mandate uniform certification of seed by amending the Seeds Act,1966. This decision was taken as more than half of all seeds sold by private …

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Economy

Draft policy on logistics ignores express industry

August 11, 2019August 12, 2019 - by Abdul

Government has released the draft National Logistics Policy. The policy has been prepared by the Ministry of Commerce and Industry in consultation with the Ministries of Railways,Road Transport and Highways,Shipping …

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Economy

National Entrepreneurship Awards,2019

August 10, 2019August 10, 2019 - by Abdul

Ministry of Skills Development and Entrepreneurship has announced the fourth edition of National Entrepreneurship Awards,2019. The awards has been instituted in a bid to recognize and encourage outstanding Indian Entrepreneurs …

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Economy

Shri Arjun Munda inaugurates ‘National Workshop on Tribal Enterprise with focus on Honey, Bamboo & Lac’

August 10, 2019August 10, 2019 - by Abdul

Union Minister for Tribal Affairs has inaugurated a “National Workshop on Tribal Enterprise with focus on Honey, Bamboo and Lac”. During the workshop,the union minister released the reports on (a) …

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Economy

‘FPI tax issues put divestment at risk’

August 10, 2019August 10, 2019 - by Abdul

The government may miss its disinvestment target of ₹1.05 lakh crore that has been set for the current financial year.Disinvestment is defined as the action of an organisation or government …

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Economy

Finance minister to review jail term clause for non-compliance of CSR

August 10, 2019August 10, 2019 - by Abdul

Finance Minister has assured the industry that the government would review the criminal penal provisions on corporate social responsibility (CSR). The amendments to the Companies Act have empowered the government …

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