This, incidentally, is the worst recession for India since independence. The world economy is expected to contract by over 6 per cent. Our GDP has been sliding from 6.1 per cent in FY2018 to 4.2 per cent in FY2019 to -4.5 per cent in FY2020. In FY1992, we had the worst GDP growth ever at 1.4 […]
The UPA government subjected the infrastructure sector to policy paralysis, environment clearance roadblocks and high-intensity redtape. The NDA government fought tooth and nail to bring about an ordinance when all other measures failed to get all parties onboard the Land Acquisition Act. This was necessitated as the methods for acquiring land under the dated Land […]
GST rate reduction from 28 per cent to 18 per cent has provided a breather to the construction equipment industry. Although 15 per cent of items would still be at 28 per cent, the major grouse has been addressed. That said, as many as 42,710 units were sold between January and September this year, against […]
On June 25, exactly a year after the Smart Cities Mission was launched, Prime Minister Narendra Modi launched 84 projects from 20 selected cities that collectively aggregate to Rs 2,000 crore. Standing on stage along with the Union Minister of Urban Development, the Chief Minister of Maharashtra, and the Union Minister for Environment, with the […]
On the completion of his first year in office, Prime Minister Narendra Modi reached out to all citizens and presented his case. The media extensively assessed the Government´s performance too. Generally, the verdict was that ´not enough has been done´ – yet everyone recognised that the fruits for such labour take a while to ripen. […]
The Modi sarkar’s 100-day report card indicated that the PM has to work much harder at the process of integration of state governments with the Centre so local issues see quicker resolution. This can very well happen in states with NDA rule; states such as Rajasthan and Madhya Pradesh have been quick to leverage this […]