Plan and Policy

Plan & Policy

Make in India: Centre wooing Tiffany, Cartier

The government will invite leading international jewellery brands like Tiffany and Cartier to start manufacturing in India. This will be a part of the action plan government proposes to take in order to achieve a “quantum jump” in gems and jewellery exports.

Govt committed to Paris deal

The Centre is developing guidelines to effectively implement the Paris agreeme­nt on climate change to promote sustainable development in the country, the Ec­o­nomic Survey said on Monday. It said while some programmes have a budget outlay of Rs 132.4 crore, others have an additional financial implication of Rs 364 crore.

Snap poll: Modi sets the cat among leaders

The heightened political activity in the capital suggests that a snap Lok Sabha elections may perhaps be imminent. While President Ram Nath Kovind addressing the joint session of Parliament on Monday called for a “sustained debate” on holding simultaneous polls for Lok Sabha and state assemblies, saying all parties need to arrive at a consensus over the issue, prime minister Narendra Modi may have other ideas.

With the BJP going hammer and tongs on the promotion of its achievements, the Union Budget for FY19 may be the most important part of this new matrix.

GST impact: 50% rise in indirect taxpayers

The number of indirect taxpayers has gone up 50 per cent since the launch of goods and services tax (GST), pointing to better compliance in the new indirect tax regime. The Economic Survey for 2017-18, which analysed the GST data for the first time, said an additional 3.4 million businesses have come under GST with a large number of them voluntarily opting for enrollment.

Sops for farm sector, industry on the cards

Sops and incentives could be in store for the farm sector and industries crucial for job creation as finance minister Arun Jaitley unveils Budget 2018 on February 1.

With the Economic Survey calling for wider spread of inclusive growth, the government is set to continue its focus on health and education that supports equitable distribution of wealth.

NPAs in road sector only worsened

Road construction has significantly increased on higher public spending and innovative policy measures, but the issue of non-performing assets (NPA) has only worsened over the years with the level of stressed assets in the sector rising to 20.3 per cent at the end of September, 2017.

‘Pink’ survey stresses gender issues

In a unique bid to highlight the importance of gender equality in nation-building and economic prosperity, the Economic Survey 2017-18 painted itself in pink. The pink picture shows Sikkim shinning as the best performer on gender indicators and Bihar lagging at the bottom.

The survey noted that gender issues were as important as improving ranks in ease of doing business.

Purple prose, Shakespeare, homilies and anti-judiciary asides cloud review

 

Purple prose was the order of the day as the chief economic adviser Arvind Subramanian and his band of economists went over the top with their bombast, highfalutin and phantasmagoric turn of words.

The first breakthrough came with the pink-coloured Economic Survey document itself. The opening clanger was dropped when it said that India must confront the societal metapreference for a son, observing that the adverse sex ratio of females to males has led to 63 million “missing” women.

Sebi fines Tibrewala Rs 25 lakh in Fineotex Chemical IPO case

Markets regulator Sebi today slapped a fine of Rs 25 lakh on Fineotex Chemical Ltd's promoter Sanjay Tibrewala for not adhering to disclosures made in the IPO prospectus and going ahead with a pre-arrangement for subscription of shares through two HNIs.

Sebi had conducted conducted an investigation in the initial public offer (IPO) of Fineotex Chemical to ascertain any possible violation of norms. The company came out with its public issue in 2011.

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