Page 1222 - Economy & Policy News
Affordable housing segment offers Rs 45-trn investment opportunity: Report
The investment in the affordable housing has been 17 per cent of the total PE investment in the residential segment in India in the past 10 years (since 2011).
 "Affordable housing segment offers Rs 45-trn investment opportunity: Report")
India's FY22 GDP projection upgraded to 9.3%-9.6% range: SBI Ecowrap
SBI Ecowrap also lists 5 growth enablers despite Modi's U-turn on farm laws
 "India's FY22 GDP projection upgraded to 9.3%-9.6% range: SBI Ecowrap")
Repeal of farm laws: A setback or a step in the right direction?
PM Modi announced scrapping of the controversial farm laws after persistent protests. The govt failed to onboard a section of farmers and caved in to political pressure. Let's analyse what comes next
 "Repeal of farm laws: A setback or a step in the right direction?")
Industry divided over 12% uniform GST rate on apparel and footwear
Large manufacturers and retailers are mostly happy as move addresses issue of inverted duty structure; some others see it as hurting small units, along with retailers and customers
 "Industry divided over 12% uniform GST rate on apparel and footwear")
MIDC inks 25 MoUs worth Rs 15,260 crore at Dubai World Expo 2020
Deals are in key sectors such as auto, logistics, EVs, textiles, data centre, pharma, bio-fuels and energy; Japan, Singapore, Sweden, Korea, Germany and Italy among investing nations
 "MIDC inks 25 MoUs worth Rs 15,260 crore at Dubai World Expo 2020")
After farm laws' repeal, focus shifts to ensuring effective delivery of MSP
The agitating farmers said that they are not going to end their protest unless a firm guarantee on MSP is given to them
 "After farm laws' repeal, focus shifts to ensuring effective delivery of MSP")
Govt to exceed tax collection target in FY22: Revenue secy Tarun Bajaj
The government has budgeted a 9.5 per cent growth in tax collections at Rs 22.2 lakh crore for 2021-22 fiscal (April-March). In the last fiscal, the mop-up was Rs 20.2 lakh crore.
 "Govt to exceed tax collection target in FY22: Revenue secy Tarun Bajaj")
A controversial call: What does 5G spectrum auction delay mean for India?
Industry arguments over allocations and auctions for satellite airwaves have ended up delaying the launch of 5G
 "A controversial call: What does 5G spectrum auction delay mean for India?")
USTR Katherine Tai India visit: Trade policy forum, Indo-Pacific on agenda
With the Biden administration now insisting on resolving irritants first, rather than going for a mini deal, the focus on Trade Policy Forum has again emerged.
 "USTR Katherine Tai India visit: Trade policy forum, Indo-Pacific on agenda")
SBI, NPCI, NSE likely promoters of 'open' e-platform for retailers
Network aims to curb digital monopolies
 "SBI, NPCI, NSE likely promoters of 'open' e-platform for retailers")
Inflation heat: Consumer goods firms' share in India Inc profit drops
Their net profits down 26 per cent in H1FY22 over H2FY21 owing to higher input costs
 "Inflation heat: Consumer goods firms' share in India Inc profit drops")
Tea body urges for measures for equilibrium in demand and supply
The Tea Association of India (TAI) on Sunday said supply outstripping demand is a major cause for the problems facing the tea industry in the country.
 "Tea body urges for measures for equilibrium in demand and supply")
Finance Ministry notifies 12% GST rate on MMF, yarn, fabrics from Jan 1
The finance ministry has notified uniform 12 per cent GST rate on manmade fibre, yarn, fabrics and apparel, thereby addressing the inverted tax structure in the MMF textile value chain
 "Finance Ministry notifies 12% GST rate on MMF, yarn, fabrics from Jan 1")
FM announces clearance of two proposals of IFSCA at GIFT City in Gujarat
Nirmala Sitharaman also underlined the central government's commitment to make GIFT City a world-class fintech hub as stated in the Union Budget 2021-22
 "FM announces clearance of two proposals of IFSCA at GIFT City in Gujarat")
EPFO adds 1.54 mn net subscribers in Sept 2021, 895,000 are new: Govt
The EPFO is a social security organisation responsible for providing a number of social security benefits to the members
 "EPFO adds 1.54 mn net subscribers in Sept 2021, 895,000 are new: Govt")
National conclave on mining to discuss key issues, opportunities in sector
An award ceremony for five-star rated mines for noteworthy performance will be another highlight of the one-day conclave
 "National conclave on mining to discuss key issues, opportunities in sector")
Non-core asset monetisation: Govt invites bids to sell 6 BSNL, MTNL assets
Non-core asset monetisation commences with the first set of six properties of BSNL/ MTNL bid out on the MSTC portal, tweets DIPAM Secretary
 "Non-core asset monetisation: Govt invites bids to sell 6 BSNL, MTNL assets")
EPFO empowers advisory body to take a call on investment in InvITs, bonds
The decision was taken at the 229th meeting of the Employees' Provident Fund Organisation's apex decision making body
EPFO approves diversification of investments to up to 5% of annual deposits
The decisions will mean EPFO is diversifying its investments into asset classes that will enhance the yield on investments, but also carry fair amount of risks
 "EPFO approves diversification of investments to up to 5% of annual deposits")
CPI weights do not reflect Covid-19 pandemic realities, shows analysis
May well be understating it in some periods in the past two years
 "CPI weights do not reflect Covid-19 pandemic realities, shows analysis")