Tag: Indian Economic Growth

The Finance Minister, Nirmala Sitharaman presented the budget in the parliament on Monday, amid huge expectations from all sections of people of India. The budget, which is worth INR 34,83,236 crores, is aimed at reviving the economy that has been badly hit by the outbreak of the coronavirus pandemic and the nation-wide lockdowns. Read: Best Manufacturing […]

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Image source: https://images.app.goo.gl/8EkU1RkoB48YWTaJ7 The Regional Comprehensive Economic Partnership, a new free trade agreement, was signed on 15th November, 2020 by 15 Asia-Pacific nations. The member states of RCEP together account for one-third of the global gross domestic product and almost 30% of the world’s population. What is RCEP?   RCEP, perceived to be the biggest free […]

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The first two quarters of the year are seeing a depression economy due to the lockdown measures for COVID19. However, the third quarter of the year could possibly be positive, is geared with the right measures for the resumption of industry and policy framework to revive economic activities. With the US President urging America’s supply […]

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Key Facts: The chemical sector has been the 3rd largest contributor to GDP amongst manufacturing industries in India in recent years. 200% weighted average reduction of tax from the Income-tax department for both capital and revenue expenditure incurred on scientific R&D Currently, the industry is employing more than 2Mn people There is a high demand […]

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Manufacturing has emerged as one of the prominent growth sectors in India and the nation is on track to become the fifth largest manufacturing country in the world by 2020.  The ‘Make in India’ program aims to position India on the world map as a manufacturing hub and give global recognition to the economy.  Various […]

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