New Delhi, Jan 20 (IANS) During the upcoming budget session of the Parliament, Finance Minister Nirmala Sitharaman might present the Union Budget 2023-24 at the new Parliament building on February 1. Preparations for presenting this year’s Budget is going on in
New Delhi, Nov 28 (IANS) Rationalisation of income tax, fiscal consolidation, lowering of Customs duties, developing a mechanism for green certification to help micro small and medium enterprises (MSMEs) and introduction of an urban employment guarantee programme to boost employment generation
New Delhi, Sep 5 (IANS) India’s external debt of $620.7 billion, as at end of March 2022, is sustainable and is being managed in a prudent manner, the Department of Economic Affairs, under the Union Finance Ministry, said. In a recent
New Delhi, April 4 (IANS) The GST Council has not recommended reduction of the 18 per cent GST rate on health insurance schemes, Finance Minister Nirmala Sitharaman told the Parliament on Monday. At present, GST on health insurance services is levied
New Delhi, Feb 1 (IANS) As on January 18, 2022, 2.17 crore houses have been sanctioned while 1.69 crore houses have been completed against a target of 2.63 crore houses till 2021-22 under the Pradhan Mantri Awaas Yojana-Gramin (PMAY-G), showed the
New Delhi, Feb 1 (IANS) The number of females per 1,000 males in the country has risen from 991 in 2015-16 to 1,020 in 2019-21, as per the Economic Survey tabled in the Parliament on Monday. The sex ratio at birth,
New Delhi, Feb 1 (IANS) India’s total forest cover was 7,13,789 sq km in 2021, reflecting an increase of 3.14 per cent over 2011 even as it remained as the tenth largest country by forest area in the world, the Economic
New Delhi, Feb 01 (IANS) India has witnessed the fastest rate of growth in renewable energy capacity among all large economies, the Economic Survey, tabled in the Parliament on Monday, said. During the last seven and a half years, the country’s
New Delhi, FEB 01 (IANS) The road network in the country has increased substantially in the current fiscal compared to previous years, the Economic Survey 2021-22 said. It said that there has been a consistent increase in the construction of National
New Delhi, Jan 31 (IANS) The reduction in excise duty on petrol and diesel provided relief to the consumers, the Economic Survey 2021-22 said. The Centre in early November slashed excise duties on petrol and diesel by Rs 5 and Rs
New Delhi, Jan 31 (IANS) India will comfortably meet its fiscal deficit FY22 target on the back of a strong rebound in revenues, said the Economic Survey 2021-22. “The fiscal support given to the economy as well as to the health
New Delhi, Jan 31 (IANS) The Indian Railways (IR) has set a target of 100 per cent electrification of its network by December 2023, said economic survey 2021-22. To achieve this target with creation of other infrastructure in the sector, the
New Delhi, Jan 31 (IANS) The impact of the second wave of Covid-19 on GST collection was much more muted than the impact of the nationwide lockdown during the first wave, The Economic Survey for 2021-22 noted. After falling during the
New Delhi, Jan 31 (IANS) Agriculture and the allied sector proved to be the most resilient to the Covid-19 shock as it registered a growth of 3.6 per cent in 2020-21 and improved to 3.9 per cent in 2021-22, driving the
Chennai, Jan 31 (IANS) Increasing number of Indian residents are now applying for patents as against the multi-national companies (MNC) despite the odds like low expenditure on research and development (R&D), procedural delays and complexities, inadequate patent examiners and the absence
New Delhi, Jan 31 (IANS) India’s total exports during FY22 are expected to grow by 16.5 per cent, thereby surpassing the pre-pandemic levels, the Economic Survey tabled in the Parliament on Monday said. India’s exports of both goods and services have
New Delhi, Jan 31 (IANS) Semiconductor shortages have prolonged the automobile waiting period in India as production has been impacted, said Economic Survey FY22. The global phenomenon has been blamed on the exponential rise in demand for personal electronics such as
New Delhi, Jan 31 (IANS) While some commentators have likened the Atmanirbhar Bharat approach to a return to old school protectionism, far from it, the focus on economic resilience is a pragmatic recognition of the vagaries of international supply-chains, the Economic
Chennai, Jan 31 (IANS) The number of new startups in the space sector more than doubled in 2021 to 47 as compared to the previous year numbers, said India’s Economic Survey that was released on Monday. According to the Economic Survey,
New Delhi, Jan 31 (IANS) The government has the fiscal capacity to maintain the support, and ramp up capital expenditure when required, said the Economic Survey 2021-22 which was presented in Parliament on Monday. The strong revival in revenues also provides
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