Rajasthan has created highest number of person days wage employment in the rural sector so far in 2020-21. Rajasthan has created 43 crore person days as of March 15. It is also reported that West Bengal has also performed very well in this respect. It created 40 crore person days. Among other ...
Bangladesh has been upgraded to the status of developing countries of the world. Earlier it was considered as a least developed country. The recognition has been given by UNO on the last 26th February. This recognition has received special meaning in the present situation as the current year i...
Cold weather has been still continuing from evening to morning in north Bengal and Assam. This has affected the quality tea production in the region. The entire tea production in Bengal and Assam was mandatorily closed from December 19 to February 19. Every year tea production remains closed f...
The Companies Act, 2013 replaced the nearly six-decade old legislation that governed the way corporate functioned and were regulated in India. Under the Companies Act, 2013, the profitable companies with a sizeable business would have to spend every year at least 2% of three-year average profi...
After three to four years of stress, the real estate sector was meant to recover in the 2020 fiscal. Some factors like demonetisation (2016), implementation of the goods and services tax/GST (2017) and the enactment of the strict Real Estate Regulatory Authority/RERA law caused significant dis...
Oil prices have been rising in India. It has crossed `100 in some places in Rajasthan and Madhya Pradesh. Different states levy different rates of Value Added Tax (VAT) and the central government levies excise duty and cess on petroleum products. Therefore, the prices of petrol, diesel, cookin...
The Indian government has been claiming that the economy is on a path of a ‘V’ shaped recovery. The Economic Survey 2021, prepared by the Ministry of Finance, has also claimed the same. Several indicators like collection of GST, number of issues of e-way bills, movement of GDP towards the ...
Budget 2021 has doubled the allocation for the MSME sector. The allocation has been raised to `15,700 crore from `7,572 crore in the previous fiscal. It has also focused on promoting domestic manufacturing to help the MSMEs. MSMEs have a very big role in the economy and Budget 2021 has helped ...
The Union Budget 2021-22 is being coined as the ‘Infrastructure Budget’ by many experts including Dinesh Kumar Khara, Chairman, State Bank of India. The most striking feature of the Budget has been an increase of 34.5% in capital expenditure which has been pegged at `5.54 lakh crore. The B...
The Economic Survey 2021 has been tabled in the Parliament. It is prepared by the Chief Economic Advisor of the Ministry of Finance. It is known that the Survey is an economic document of the finance ministry and it discusses the overall economic performance of the concerned financial year. It...
