Indian Economic Growth Archives

Custom Duty Hikes in Union Budget 2021-22 to Boost Domestic Manufacturing

By SolutionBuggy
February 3, 2021
GOVERNMENT & SCHEMES, MANUFACTURING BUSINESS IDEAS, MANUFACTURING INDUSTRY, MSMEs
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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…

How India’s Exit from RCEP can Help the Domestic Manufacturing Industry?

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…

COVID-19 Safety Guidelines For Industries

Safety Guidelines for Manufacturing Industries Post COVID Lockdown

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…

How Natural Calamities in India have Transformed Food Processing Industry

The last two decades in India have witnessed many natural calamities. This has changed the landscape of horticulture and agriculture. On one hand we have witnessed growth in the horticulture produce and on the other hand draught in pockets of India, unprecedented rains, ever-changing weather patterns, floods have increased the…

Aspirations for Growth Acceleration

In this challenging environment of weak economic growth, concerns over employment generation, and global trade tensions, India seems to be treading the growth path- a bright spot on the cloudy global horizon and claims to be the fastest-growing major economies of the world today. The Indian government has set the…

Indian Chemical Industry: Poised for growth

By SolutionBuggy
November 9, 2019
CHEMICAL
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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…

Indian manufacturing sector: Economic growth engine on track

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…

Tag: Indian Economic Growth