-IndiaToday.in The production-linked incentive scheme has helped boost India's mobile exports but is yet to show results in some other sectors. Agility and ease of doing business in its implementation will determine its success For over a decade, the share of manufacturing in India’s GDP has remained in the 15-17 per cent range, with various measures by the present and past governments barely helping the needle move. A recent effort to give...

-The Hindu Why did the Union Finance Minister urge industry giants to invest in manufacturing? Is private sector financing at an all-time low? Has government intervention to boost and spend aggressively on infrastructure come at an opportune time? The story so far: Last month, Finance Minister nirmala sitharaman asked captains of industry what was holding them back from investing in manufacturing. She likened industry to Lord Hanuman from the Ramayana by stating...

-The Hindu The one lever that the government could have pulled as it watched private investment decline was to step up public investment In a meeting held with the country’s corporate leaders on September 15, Finance Minister nirmala sitharaman drew attention to an important aspect of the economy today. She rightly flagged concerns about sluggish corporate investment, despite the government’s business-friendly stance, including a reduction in the corporate tax. The reduction, effected...

-Newslaundry.com The finance minister asked a valid question. Here’s the answer. Last Tuesday, finance minister nirmala sitharaman asked India’s corporate honchos why they were not investing in the Indian economy. “I want to hear from India Inc,” she said, “what’s stopping you when countries and industries abroad think this is the place to be.” This is a valid question. In this piece, we will try and piece together why India Inc, as corporate India...

-The Telegraph The ambit of the corpus created to fight public health emergencies widened but its veil stays intact The veil on the PM Cares Fund — the corpus created to battle the Covid-19 crisis without the tiresome need for any audit scrutiny — remained firmly in place even as its newly-appointed trustees decided on Wednesday to widen the scope of its operations. Prime Minister Narendra Modi chaired a virtual meeting of the...