Jaitley, who is on a week-long visit to the US to attend the annual meetings of the International Monetary Fund and World Bank, said under the GST the government has unveiled attractive schemes to ensure that the non-compliant in India become compliant.
Stressing on the importance of water management, the NITI Aayog CEO said that the government that can’t manage water will fail to come to power
Rajiv Kumar replaced Arvind Panagariya, an Indian-American economist who left the think tank yesterday to return to academia. Kumar was a senior fellow at the Centre for Policy Research (CPR).
To understand the coastal and ocean concepts better, it needs to be highlighted that most coastal regions remained quite undeveloped in India for centuries.
Industry chamber CII today called for strengthening policy reforms, including a new industrial policy, and creating jobs.
More than 600 participants from public and private sector as well as civil society are expected to participate in the India forum that would be hosted along with industry body CII.
India needs to have its own platform for easy and dependable services, say experts
Jaitley was in the city to address a GST Conclave organised by various industry bodies like CII and FICCI.
On the implementation of the Goods and Services Tax, Shobana Kamineni said "this is a reform which has come for the industry to benefit."
"Railways traditionally have been doing business in bulk commodities, that too in ten major commodities including ore and cement among others," Prabhu said addressing third conference on logistics organised by Confederation of Indian Industries (CII) here.
The implementation of the crucial tax reform gives tremendous confidence to the industry that the government will continue to facilitate investments and simplify the business environment, the industry body said.
Addressing the confederation of Indian Industry's annual delegation to the UK, vice-president of Apollo Hospitals and CII's first female president Kamineni yesterday invoked Jawaharlal Nehru's Independence speech to invite British companies to embrace India's tax reform.
"GST has been finalised after a collaborative and consultative approach and we look forward to its introduction," Confederation of Indian Industry Director General Chandrajit Banerjee said.
"The momentous initiative (scrapping of FIPB), which is a follow-up of the measure announced in the Union Budget, would streamline the process of FDI approvals, and thereby boost FDI flows into the country, adding to growth and employment," CII Director General Chandrajit Banerjee said.
"There are layers of process (in resolution). What the ordinance is doing is that it is cutting that layer off then having to go back to the board. It is forcing a decision mechanism because it is saying that if 60 per cent agree, rest have to fall in line," she told reporters here.
Watch accompanying video of CII Banking Summit 2017 wherein Shikha Sharma, MD & CEO of Axis Bank is talking on NPA ordinance.
Citing the example of Maruti, which has logged over 30 per cent profit this time, he explained that the government had supported India's largest car maker initially, which eventually led to development of the big automotive industry in the country.
The memorandum of understandings (MoUs) will allow the universities and International Enterprise (IE) Singapore, a business promotion agency, to tap into CII's network of over 8,000 members to create overseas attachment opportunities for enrolled students.
"... there is still a lot of catching up to do in terms of broadband access and speeds with 17 per cent penetration in mobile broadband, that is, with speed over 512 kbps as against 2 mbps and above for most of the countries," a CII-KPMG report said.
Speaking at the 1st ever Global Natural Resources Conclave, Anil Agarwal, Group Chairman- Vedanta speaks about the journey of Vedanta and how entrepreneurship, talent, technology and best practices can drive India’s growth story.
From near bankruptcy to becoming Australia’s richest citizen, Gina Rinehart, Executive Chairman of Hancock Prospecting is no stranger to building a multi-billion dollar business. At the Global Natural Resources Conclave, she discusses the elimination of red tape and what both countries can hope to learn from each other.
Sajjan Jindal, Chairman of the JSW Group highlights the need to exploit natural resources now as they would be irrelevant in the future and how using local natural resources can help reduce India’s import bill.
Piyush Goyal, Minister of State with Independent Charge for Power, Coal, New and Renewable Energy and Mines on why the 7th largest nation only spends 0.4% on exploration of the total global exploration budget and how policy changes can go a long way in improving India’s mineral resources landscape.