Beyond the increasing complaints about their falling share of central tax revenues, the experience of southern states holds a lesson for the poorer regions wishing to bridge the gap
Prime Minister Narendra Modi on Monday launched the Rs one lakh crore RDI Fund to promote private sector investments in research and development. He launched the Research, Development and Innovation (RDI) Fund at the first ever Emerging Science Technology and Innovation Conclave (ESTIC) that brings together policy makers, innovators and global visionaries to drive the government's Viksit Bharat 2047 vision. Modi also launched a coffee table book on scientific achievements of India and a vision document for science and technology. The Department of Science and Technology (DST) is the nodal ministry of the RDI Fund that will operate through a two-tiered funding structure. At the first level, a Special Purpose Fund (SPF) will be established within the Anusandhan National Research Foundation (ANRF), which will serve as the custodian of the Rs one lakh crore corpus. The Fund will not directly invest in industries and start ups but will channel capital to second-level fund managers, who
S Mahendra Dev says sustaining growth towards Viksit Bharat 2047 hinges on private investment, cooperative federalism, and inclusive, sustainable development
Multiple factors have contributed to weak private consumption in the country, such as the slowdown in wages - both in the informal and formal sectors
Private investment projects constitute well over 70 per cent of the nearly ₹34 trillion of fresh investments announced in H1 this year
Other sectors the government is working on include electric mobility, chemicals, electronics, services, for which it is eyeing big private investments
According to S&P Global's assessment, the persistent uncertainty is delaying private investment decisions, and causing volatility in capital flows, financial markets, and currency exchange rates
When asked about the sectors that will drive performance in the coming quarters, the consensus leaned heavily toward domestic industries
RBI study signals a cautiously optimistic outlook for private investments in FY26, backed by healthier balance sheets, policy support, and rising capex momentum
IIP growth rose to 3.5% in July from 1.5% in June, driven by manufacturing, construction and consumer durables, though mining remained weak and electricity showed modest gains
India will be able to address the apprehensions of the private sector globally about investments in the civil nuclear sector, which was opened up to achieve the ambitious target of producing 100 GW atomic power by 2047, Union Minister Jitendra Singh has asserted. Singh, who oversees the Department of Atomic Energy, said changes in relevant rules and legislations will have to be made to facilitate the entry of the private sector in the field of nuclear energy, which currently is under tight control of the government. "The announcement has already been made in the Union Budget, but we will have to frame rules, also possible legislation to actually move on, which will take a lot of consideration, a lot of introspection," Singh told PTI in an exclusive video interview. Finance Minister Nirmala Sitharaman, in her budget speech in February, announced the government's intention to amend key legislation, including the Atomic Energy Act and the Civil Liability for Nuclear Damage Act, to ...
Keeping pace with the clean energy demand, boosting ethanol is key to energy security and enhancing rural incomes
The IMF on Tuesday pared down its FY26 growth forecast for India by 30 basis points to 6.2 per cent, citing escalating trade tensions and global uncertainty in its latest World Economic Outlook
UP GIS 1.0 was held in February 2023 in Lucknow which garnered over 27,000 investment proposals worth ₹40 trillion
India's gross fixed capital formation at constant prices is expected to be at 33.4 per cent of GDP this financial year
Private investment likely to fall further after hitting three year low in FY24, says India Ratings
Holding that global trade is going to be completely reset, Sitharaman said India has to ramp up bilateral relationships with friendly countries
At BS Manthan, experts stress that private sector investment is key to making India's defence industry self-reliant, competitive, and globally influential
Our editorials and columns look at the consequences of policy actions, and how they can have far-reaching impacts
India's current economic environment is conducive for private investments with the country emerging as a "bright spot" amid the challenging global environment, according to a CII survey. The pan-India survey is an ongoing initiative, which would be completed for 500 firms by the first week of February. The interim results are based on a sample of 300 firms spread across all industry sizes (Large, Medium and Small). Notably, early results reveal that about 97 per cent of the sample firms are likely to increase employment in both 2024-25 and 2025-26. In fact, 79 per cent of the respondents' firms said that they added more people over the past three years. The CII survey, which was conducted over the past 30 days, suggests that 75 per cent of the respondents believe that the current economic environment is conducive to private investments. "Given that 70 per cent of the firms surveyed said that they would invest in FY'26, an uptick in private investments might be on the cards over th