Page 1537 - Economy & Policy News
PLI scheme to make India integral part of global supply chain: Eco Survey
The scheme is expected to create huge employment opportunities, according to the economic survey
 "PLI scheme to make India integral part of global supply chain: Eco Survey")
New farm laws herald new era of market freedom: Economic Survey
The government's annual Economic Survey on Friday strongly defended new farm laws
 "New farm laws herald new era of market freedom: Economic Survey")
Economic Survey FY21 slams 'biased' sovereign credit ratings
The survey came down hard on sovereign credit ratings
 "Economic Survey FY21 slams 'biased' sovereign credit ratings")
Commerce ministry for imposing anti-dumping duty on Chinese chemical
The commerce ministry has recommended imposition of anti-dumping duty for five years on a Chinese chemical used in dye and pharma industries
 "Commerce ministry for imposing anti-dumping duty on Chinese chemical")
Weak diesel demand signals a slow rebound for industrial India
Diesel is a bellwether of industrial activity in India
 "Weak diesel demand signals a slow rebound for industrial India")
GDP growth, fiscal deficit: Economic Survey nos in line with expectations
India's economy, as per the Economic Survey, could contract 7.7 per cent in FY21, pulled down mainly by the Covid-19 pandemic and the ensuing nationwide lockdown to contain the spread of the disease
 "GDP growth, fiscal deficit: Economic Survey nos in line with expectations")
How India's civil aviation sector is shaking off the stress of the pandemic
Apart from the sheer grit of the airlines, the launch of some untested but novel strategies by the govt as helped sustain the industry to a large extent
 "How India's civil aviation sector is shaking off the stress of the pandemic")
Financial operations of FB, Google, Amazon regulated: RBI, Sebi tell HC
The RBI has informed the Delhi High Court that operations of techfin firms such as Facebook, Google and Amazon in India's financial sector space are being regulated under the relevant laws
 "Financial operations of FB, Google, Amazon regulated: RBI, Sebi tell HC")
Full text of the Economic Survey 2020-21: Download volume-I and II here
The Economic Survey 2020-21, authored by CEO K Subramanian, has pegged India's GDP contraction in FY21 at 7.7 per cent, and real GDP growth in FY22 at 11%. Hefre are both volumes of the document
 "Full text of the Economic Survey 2020-21: Download volume-I and II here")
India's bad loan problem is worse than what official numbers show
Here's a look at the full extent of India's bad loan problem in selected financiers
 "India's bad loan problem is worse than what official numbers show")
Past failures on spending targets dampen India's 2021 budget hopes
While increasing public expenditure is key to revive the economy from the pandemic-induced slump, falling tax revenues mean Sitharaman will have thin resources
 "Past failures on spending targets dampen India's 2021 budget hopes")
Weak demand for diesel signals a slow rebound for industrial India
The annual growth rate for diesel consumption won't get back to pre-virus levels until the year ended March 2022, said Mukesh Kumar Surana, chairman of Hindustan Petroleum Corp.
 "Weak demand for diesel signals a slow rebound for industrial India")
Any new tax in budget could hurt India's recovery, warn economists
A so-called Covid cess shouldn't be announced because the economy is still normalising after a strict and vast lockdown, Sonal Varma, an economist at Nomura Holdings, said on Thursday
 "Any new tax in budget could hurt India's recovery, warn economists")
High stakes as India vows to present a Budget like 'never before'
Total spending plan for next fiscal may surpass last year's Rs 30.4 trn, with focus likely on expanding a jobs guarantee program to cities and increasing allocation on education, housing, and health
 "High stakes as India vows to present a Budget like 'never before'")
Top headlines: Security clearance policy for PSU privatisation, and more
The government is set to amend its security clearance policy for investors participating in privatisation or strategic divestment in PSUs. Read today's top news with Business Standard
 "Top headlines: Security clearance policy for PSU privatisation, and more")
Budget 2021 to be a tougher balancing act than India's other annual Budgets
A combination of stepped-up social spending - including on long-neglected healthcare - and a state-led infrastructure push will make the recovery both durable and inclusive
 "Budget 2021 to be a tougher balancing act than India's other annual Budgets")
Scheduled international passenger flights' suspension extended till Feb 28
"However, international scheduled flights may be allowed on selected routes by the competent authority on a case-to-case basis," the Directorate General of Civil Aviation added
 "Scheduled international passenger flights' suspension extended till Feb 28")
A year of living and working in the shadow of Covid-19 pandemic
For many businesses, the need to have people coming into office has shrunk. For many others, however, it remains integral to their operations
 "A year of living and working in the shadow of Covid-19 pandemic")
DoT, Dipam lock horns over real estate asset valuation of BSNL-MTNL
It is learnt that the valuation done by the two companies is much higher than the one arrived at by the transaction advisors
 "DoT, Dipam lock horns over real estate asset valuation of BSNL-MTNL")
PSU privatisation: Govt to amend security clearance policy for investors
The changes are being proposed to obviate situations when a highest bidder fails the security clearance in the case of investment from China or other bordering nations on grounds of national security
 "PSU privatisation: Govt to amend security clearance policy for investors")