A few days ago, NITI Aayog Chief Executive Officer BVR Subrahmanyam launched new initiatives for MSMEs. He stated that the sector is heavily impacted by regulations, with technology upgrades and skill development being key challenges. He reportedly said, “Sometimes when I think of the Indian econo...
Every financial year (FY) brings a set of challenges for an economy, regardless of its current performance. Even when an economy is doing well, it must maintain momentum or strive for further improvement. In the case of India, FY 26 presents several structural challenges to sustaining GDP growth.In ...
It is often assumed that since agriculture and allied sectors contribute about 14% to India’s GDP, their role in the economy is not very significant. However, India has the largest workforce engaged in agriculture, with nearly 80% of the country’s poor residing in rural areas and primarily depen...
In the Annual Budget, the Finance Minister allocated Rs.1.37 lakh crore to the Ministry of Agriculture and Farmers’ Welfare, compared to Rs.1.32 lakh crore in the previous budget. While this represents a nominal increase of 4%, in real terms, the allocation has decreased.Among the key an...
The Budget 2025-26 primarily emphasizes credit facilities, revised classification, and targeted support for first-time entrepreneurs. While these initiatives are commendable, the MSME sector requires attention on several other fronts to build a robust industrial base. Like agriculture, MSMEs form th...
The Bengal Global Business Summit (BGBS) was held in Kolkata on February 5th and 6th, 2025. The West Bengal government announced a substantial volume of investment proposals from various industrialists and investors, which appears encouraging. However, given the current investment climate in India, ...
The daily fluctuations in the exchange rate of the Indian rupee against the dollar have kept the media busy, with many analyses trying to determine the reasons behind its depreciation. It is true that the rupee has been losing value month after month throughout 2024, but the overall decline has been...
The core sector, consisting of key industries such as petroleum and refining, electricity generation, steel production, coal mining, crude oil, natural gas, cement, and fertilizers, requires comprehensive policy reforms to enhance its contribution to the overall industrial output. The performance of...
The agricultural sector has been a bright spot, consistently growing by 3.5% or more in recent years, even during the pandemic. However, it remains a less dynamic sector, with productivity levels far below those of developed nations. Despite its significance, with 45% of the population relying on ag...
The real estate sector in India consists of four key components: housing, retail, hospitality, and commercial real estate. Among these, the housing sector has been the most significant. Over the past four decades, the housing sector has gained considerable importance in India, driven by rising incom...
