The commerce department has again pushed for a relaxation in the rules for beleaguered special economic zones to maximise productivity. Long-term detractors of the proposal are said to be on board this time.
The ministries’ recommendations, to be sent a few days ahead of the budget, are set to impact which infrastructure projects get the most push from the government and dictate the amount of funds each receives.
The government has taken a considered decision to revisit the criterion for determining the economically weaker sections in four weeks. The hearing of the proceedings shall be listed on January 6, SC says
The biennial Ministerial Conference of the WTO will be held later this month. The meet will see the trade ministers of all member-nations converging to hash out the nuts and bolts of the global trade ecosystem.
Following an inter-ministerial meeting, the environment ministry will submit a dossier detailing the timeline for the next five years over which India is set to achieve the bulk of its targets towards achieving net zero emissions.
India termed Australian government's move as “most welcome”, which will aid mobility of students and professionals. International students, including tens of thousands of Indians, contribute AUD 31 billion annually to the Australian economy.
Farmer unions might press for statutory guarantee of remunerative prices for all agricultural produce and for all cultivators.
Sinha said the new wave of technologies will have massive impact on India's economy and job market, and should be taken into account by policymakers.
The government has targeted building 1.4 lakh km of roads in tribal districts and areas affected by left-wing extremism. Also, 4G-enabled mobile phone towers will be set up across 44 districts in 5 states.
As demand regenerates after the pandemic, proper mapping of jobs, higher female labour force participation and a manufacturing push, would be crucial, industry leaders said at the CII Global Economic Policy Summit 2021. Without this, those who have been forced out of the formal sector due to Covid, would remain there.
Moneycontrol explains why and how Indian universities going global will be a fruitful effort for a sector that caters to over 38 million domestic students.
Officials say there was no option available to maintain India’s strategic and economic interests.
Official statistics show exports of all major revenue earners such as engineering goods, petroleum, gems and jewellery, continued rising in October. Overall exports had risen by 22.6 percent in the previous month of October.
The rise in WPI was due to a rise in fuel inflation, which rose to 37.2 percent, up from 24.8 percent in September.
With the measures needed to combat climate change having grown exponentially, nations have been locked in negotiations for the past few days, fighting over key commitments.
Measured by the Index of Industrial Production (IIP) data, which was released by the Centre on November 12, industrial output maintained growth in the latest month even though the headline figures fell.
Finance Secretary TV Somanathan said there was a lot of positive sentiment from global investors regarding investment in infrastructure.
The RBI Retail Direct Scheme is aimed at enhancing access to government securities market for retail investors. It offers them a new avenue for directly investing in G-secs and state bons. Retail investors will be able to easily open and maintain their government securities account online with the RBI, free of cost.
Sources say that it will also not begin the mechanism to push out cash until at least end 2022, under optimal conditions.
After initial reports suggested India had signed a key multilateral pact on sustainable farming, officials have clarified that India is not part of the deal. Calling the premise of the deal unambitious, they say it shifts focus from the main issue of climate finance.
Assam has fallen to the 21st and last position among major states, from the 15th position it held in the previous ranking. Meanwhile, Jammu and Kashmir has bagged the top rank among North Eastern States and the Himalayan Region.
Led by India, the major worldwide collaborative initiative plans to harness solar energy wherever the sun is shining, ensuring that electricity generated flows to areas that need it most.
The Centre is said to be finalising an asset monetisation target for FY23. A senior government official said it could be over Rs 1 lakh crore
A key issue of contention, New Delhi has pushed for policies protecting interests of small and marginal farmers. Officials say this proposal is gaining traction before the once-in-two-years Ministerial Conference of the World Trade Organization later this month.
The centre’s net tax collections (direct plus indirect taxes) for April-September 2021 were Rs 10.81 lakh crore, nearly double of the Rs 5.51 lakh crore that was garnered for the same period last year.