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Scrap old vehicles policy: How govt can save up to Rs 23,965 cr (and more)

May 23, 2016

Scrap old vehicles policy: How govt can save up to Rs 23,965 cr (and more)

SIAM suggests that all vehicles that are over 15 years old should be given a chance to scrap them under an incentive scheme #GDP #Nitin Gadkari #SIAM #excise duty #old vehicle scrapping policy #Inspection and Certification
Have banks' bad loans peaked out? Arun Jaitley thinks so

May 16, 2016

Have banks' bad loans peaked out? Arun Jaitley thinks so

Jaitley further said that transparency in the banking system has increased manifold due to banks making much higher provisioning for bad loans in the last two quarters #GDP #FDI #Monsoon #NPAs #bad loans #Finance Minister Arun Jaitley
The Aakar Patel column: Don't blame the Indian state for

May 15, 2016

The Aakar Patel column: Don't blame the Indian state for "black" economy, blame yourself

We will continue to have a large 'black' economy, as long as other Indians don't pay tax. Our behaviour has to change if we are to make our country great. #GDP #InMyOpinion #Direct Taxes #Income tax #MIddle Class #Black economy #BRICS countries #Indian Tax Payers #OECD nations
Will support GST if our recommendations are taken, says Congress

May 11, 2016

Will support GST if our recommendations are taken, says Congress

Congress claimed in the Rajya Sabha that it was ready to give full support to the long standing GST bill if its three key recommendations are accepted. #GDP #Congress #BJP #Rajya Sabha #NewsTracker #Government #GST
Smart road tax technology could save upto Rs 60000 crore, improve GDP: Study

May 10, 2016

Smart road tax technology could save upto Rs 60000 crore, improve GDP: Study

Each year, Rs 60,000 crore are lost in India due to fuel wastage from traffic congestion, slow speed of freight vehicles and waiting time at road tax plazas #GDP #NewsTracker #Nitin Gadkari #Germany #Switzerland #GPS #Toll #Netherlands #road tax #GPRS #RFID #Smart Card Reader #OVSM #On Vehicle Smart Module #Minister for Road Transport and Highways and Shipping
Decline in crony wealth: Commodity crash gives jolts, not political will

May 10, 2016

Decline in crony wealth: Commodity crash gives jolts, not political will

Going by the report, in India too, the crony wealth as a percentage of GDP has fallen drastically from 18 per cent of GDP in 2008 to 3 per cent in 2016. #GDP #UPA #RBI #Morgan Stanley #Vijay Mallya #The Economist #Ruchir Sharma #Commodity prices #PM Narendra Modi #crony-capitalism index
India to clock 7.4 per cent GDP growth this fiscal: StanChart

May 02, 2016

India to clock 7.4 per cent GDP growth this fiscal: StanChart

The Indian economy is expected to clock a GDP growth of 7.4 per cent this fiscal largely driven by the lagged impact of a good monsoon and increased consumer spending, supported by pay commission awards, a Standard Chartered report says. #Economy #GDP #Monsoon #Growth #Standard Chartered #rural demand #fiscal 2017
10 years on, MGNREGA provided less than half the guaranteed employment

Apr 29, 2016

10 years on, MGNREGA provided less than half the guaranteed employment

After spending about Rs 3.5 lakh crore, the MGNREGA has provided less than half the guaranteed 100 days of employment to 50 million poor households #GDP #ConnectTheDots #Employment #MGNREGA #Jan Dhan #rural jobs #100 days employment #daily wage
Poor asset quality of PSBs a risk to sovereign rating, cautions Moody's

Apr 26, 2016

Poor asset quality of PSBs a risk to sovereign rating, cautions Moody's

Moody's Investors Service today cautioned that a prolonged worsening in asset quality at PSU banks is the main threat to India's sovereign credit profile nd made a case for the government bearing some of the cost of cleaning up bank balancesheets. #GDP #Government #public sector banks #Moody's Investors Service #NPAs #bad loans #PSBs