“National Milk Day” Union Agriculture & Farmers Welfare Minister Shri Radha Mohan Singh has said that agriculture and dairy business complement each other for the social and economic upliftment of cattle farmers. To achieve this objective, it is essential to have good quality livestock breed in order to increase production. Speaking on the occasion of […]
Read More“PAiSA – Portal for Affordable Credit and Interest Subvention Access” A centralized electronic platform for processing interest subvention on bank loans to beneficiaries under Deendayal Antyodaya Yojana – National Urban Livelihoods Mission (DAY-NULM) named “PAiSA – Portal for Affordable Credit and Interest Subvention Access”, was launched here today. The web platform has been designed and developed by Allahabad Bank which is the Nodal bank. Launching […]
Read MoreEasing the government’s infrastructure burden Private sector participation in infrastructure delivery helps deliver tangible benefits even as the fiscal space remains constrained The private sector contributed an estimated ₹20 trillion, or a third of India’s ₹60 trillion infrastructure investment, between fiscals 2008 and 2017. However, it has declined sharply in recent years in terms of […]
Read MoreGovt, RBI step back from the brink, signal uneasy truce After a nine- hour RBI board meeting on Monday, RBI has decided to make concessions on capital adequacy and referred the reserves issue to an expert panel The tension between the government and the Reserve Bank of India appeared to have defused for the time being with […]
Read MoreDairy sector: Indian economy’s milch cow Milk is the largest crop in India in terms of value—at `6.5 lakh crore, it’s more than the total value of paddy and wheat put together While world milk production during 2017 stood at 849 MMT (million metric tonnes) or 232 crore litres per day, India alone accounted for almost […]
Read MoreCabinet approves filling of Padur Strategic Petroleum Reserves at Padur, Karnataka by overseas National Oil Companies The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved the filling of Padur Strategic Petroleum Reserves(SPR) at Padur, Karnataka by overseas National Oil Companies (NOCs). The SPR facility at Padur is an underground rock cavern with […]
Read MoreReforming capitalism for human welfare Capitalist enterprises are designed to produce profits for their investors by improving efficiency and extracting economic surplus from their operations Indian industrialists breathed a sigh of relief when Prime Minister Narendra Modi at a conference on skill development last month said that citizens should understand that India’s industrialists were contributing […]
Read MoreGoing beyond the credit requirements of MSMEs The announcement of support to micro, small and medium enterprises (MSME) by Prime Minister Narendra Modi last week had both economic and political rationales behind it. Politically, the government would like to be seen as supporting MSMEs, given that people engaged in the sector are considered a core […]
Read Moreoutreach programme for the Micro, Small and Medium Enterprises (MSME) sector The government has launched a historic support and outreach programme for the Micro, Small and Medium Enterprises (MSME) sector. As part of this programme, the Prime Minister of India recently unveiled 12 key initiatives which will help the growth, expansion and facilitation of MSMEs […]
Read MoreIndia Improves Rank by 23 Positions in Ease of Doing Business India at 77 Rank in World Bank’s Doing Business Report The World Bank released its latest Doing Business Report(DBR, 2019) todayin New Delhi. India has recorded a jump of 23 positions against its rank of 100 in 2017 to be placed now at 77thrank […]
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