As reported by Central Statistics Office (CSO), Ministry of Statistics & Programme Implementation (MOSPI), the Share of MSME in All India GDP during 2015-16 and 2016-17 and 2017-18 has been 29.5% and 29.3% and 29.7%, respectively. As reported by Directorate General of Commercial Intelligence and Statistics (DGCIS), the share of MSME related products in total […]
Read MoreEconomic openness is necessary but not sufficient: it succeeds only when combined with strategic industrial policy The third summit of the Regional Comprehensive Economic Partnership (RCEP) held in Bangkok, which concluded this week, sought to finalize a mega free-trade agreement among 16 countries from Asia and Oceania, which are home to one-half of the world’s […]
Read MoreIndia and China are the most populous countries in the world, having a population size of 1.35 billion and 1.39 billion, respectively, in 2018. With limited arable land (about 120 million hectare (m ha) in China, and 156 m ha in India), both face the challenge of producing enough food, fodder, and fibre for their […]
Read MoreIf India is to become the third-largest tourism economy by 2028, the country must focus on offering opportunities that allow talent to work on new and innovative projects—with a promise of continued learning and growth. This year, for the first time in the history of India’s travel and tourism sector, we were named the host […]
Read MoreIndia climbing up 14 positions in the latest ease of doing business (EoDB) rankings—the 2020 report was released on Thursday—is good news for the country, which is struggling with a slowdown. While the report lauds the government’s efforts in implementing taxation reforms (GST), the real change has been in resolving insolvency. India’s score has improved […]
Read MoreNITI Aayog launches India Innovation Index 2019 Karnataka tops the Innovation Index followed by Tamil Nadu, Maharashtra, and Delhi NITI Aayog with Institute for Competitiveness as the knowledge partner released the India Innovation Index (III) 2019. Karnataka is the most innovative major state in India. Tamil Nadu, Maharashtra, Telangana, Haryana, Kerala, Uttar Pradesh, West Bengal, Gujarat, and Andhra Pradesh form […]
Read MoreNITI Aayog releases School Education Quality Index (SEQI) Kerala, Manipur and Chandigarh top in overall performance Haryana, Meghalaya, Daman & Diu show most improvement in the first edition of index. School Education Quality Index (SEQI) was developed by NITI Aayog to evaluate the performance of States and Union Territories (UTs) in the school education sector. […]
Read MoreIndia ranked 34th on world travel, tourism competitiveness index: Report For over a decade the World Economic Forum engaged leaders in travel and tourism to carry out an in-depth analysis of the travel and tourism (T&T) competitiveness. Published biennially, Travel & Tourism Competitiveness Report and Index benchmarks the T&T competitiveness of 140 economies and measures […]
Read MoreAgricultural growth needs warehousing reforms Holding the Essential Commodities Act (ECA) in abeyance except in emergencies for, say, 10 years, is one of NITI Aayog’s proposals for agricultural marketing reforms, its member Ramesh Chand said, articulating a demand of the warehousing industry. These will be considered by a committee of chief ministers that has just been […]
Read MoreDraft Bill ‘Banning of Cryptocurrency & Regulation of Official Digital Currency Bill, 2019’. Provisions of the Draft Bill Cryptocurrency cannot be used as legal tender or currency at any place in India. The bill prohibits everyone to mine, generate, hold, sell, deal in, issue, transfer, dispose of or use Cryptocurrency in the territory of India. The Central Government is allowed to […]
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