Finance Minister Nirmala Sitharaman announced the third tranche of Modi’s 20 lakh crore economic package on 15th May. It mainly focussed on the agricultural sector. Besides measures related to strengthening infrastructure, capacity, and logistics, 3 key reforms in the sector were also announced. [You may read- What does Modi’s 20 lakh crore package mean?] This article …
The Finance Minister, Nirmala Sitharaman unveiled the fourth set of the 20-lakh crore COVID economic package as part of the ‘Atmanirbhar Bharat Abhiyan ’. One of the major reforms announced was giving a boost to commercial coal mining in India. [You may also read: Modi’s 20 lakh crore Economic Package- Is it worth all the hype?] Some …
How and why did the Government liberalize coal mining in India? Read More »
The RBI held an unscheduled Monetary Policy Committee meeting to undertake a set of measures to infuse liquidity into the system reeling under the economic impact of the lockdown. [You may also read: The Monetary Policy Committee explained] On 22nd May, the RBI Governor, Shaktikantha Das, addressed the nation. It was his third address since …
RBI cuts rates by 40 bps; maintains accommodative stance Read More »
Reliance Industries Limited (RIL) made the largest ever rights issue in India of Rs.53215 crore on 20th May. Before this, Bharti Airtel and Vodafone Idea came out with rights issues of Rs 25,000 crore each in 2019. Tata Steel did a Rs 12,800 crore rights issue in 2018. Source: ET It is the first such …
We will begin this article by reiterating how important the textile sector is for India. More than 60 % of India’s population is engaged in agriculture and they contribute to just about 15 % of India’s GDP. It indicates that to alleviate poverty, we’ll have to initiate reforms in the agricultural sector and simultaneously encourage …
Why India’s textile sector lost out to Bangladesh? Read More »
The FM unveiled the fifth and final tranche of Prime Minister Modi’s special economic package of 20 lakh crore on Sunday. [You may read- What does Modi’s 20 lakh crore package mean?] The fifth tranche of the PM’s package is mainly focused on privatisation of public sector enterprises (PSEs) [You may also read about the first tranche, second tranche , third …
FM Sitharaman’s package 5: Everything you wanted to know Read More »
The FM unveiled the fourth tranche of Prime Minister Modi’s special economic package of 20 lakh crore on Saturday. The fourth set is worth Rs 8,100 crore. [You may read- What does Modi’s 20 lakh crore package mean?] The fourth tranche of the PM’s package is mainly focused on structural policy reforms in 8 sectors- coal, …
FM Sitharaman’s package 4: Everything you wanted to know Read More »