-The Hindu The inflows during 2020-21 have not been in sync with the Government’s priorities for economic recovery In an otherwise gloomy economic scenario, one area of cheer for the Government has been the numbers on inflows of foreign direct investment (FDI). In a recent press release, the Ministry of Commerce and Industry announced that “India has attracted highest ever total FDI inflow of U.S.$81.72 billion during the financial year 2020-21 and...
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A Budget that goes nowhere -C Rammanohar Reddy
-The Hindu It would seem that since the government is unable to catalyse domestic investment or fund public investment, it is now turning abroad to fuel growth Union Finance Minister Nirmala Sitharaman is mistaken if she thinks her first Budget is going to revive a slowing economy. The economy grew by just 5.8% in real terms in the last quarter of 2018-19. Yet, the Union Budget for 2019-20 assumes that the economy will...
More »India sees worst outflow of FIIs/FPIs in 18 years -Furquan Moharkan
-Deccan Herald For the first time in 18 years, the country has witnessed a record withdrawal of foreign investors from the Indian equity and debt markets. Foreign Institutional Investors (FIIs) and Foreign Portfolio Investors (FPIs) have pulled out a record Rs 51,591 crore from the Indian markets in less than nine months of this year amid concerns over a slide in rupee value against the dollar. Earlier in 2008, the FIIs had...
More »Empower through ‘e-panchayats’ -KP Shashidharan
-The Hindu Business Line The National e-Governance Plan can ensure that higher devolution of funds translates into improved outcomes Cutting edge technology is, no doubt, empowering. The right application of technology can boost productivity in all sectors of the economy: agriculture, manufacturing, services, business and governmental activities. Technology enables informed decision-making, stakeholder participation and efficient service delivery and can help ensure transparency, accountability, and rule of law leading to inclusive good governance....
More »Sangh Parivar turns its ire on FDI -Vikas Pathak
-The Hindu SJM leader says the nation is capable of growing on its own strength and capital With the Swadesh Jagran Manch, an RSS-front to espouse the cause of Swadeshi, questioning the NDA government’s relaxing of FDI norms in 15 sectors, the government is witnessing opposition from within Sangh Parivar circles to its bid to attract investment. Meanwhile, the Bharatiya Mazdoor Sangh (BMS) — the Sangh’s arm active among workers — has written...
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