The latest data released by CMIE shows that the value of stalled projects have risen from INR 9.66 trillion in 2015 to INR 13.22 trillion in September 2017.CMIE’s capex database is used as a leading indicator for tracking the health of India’s economy which, in turn, acts as an incentive for capacity expansion by new…
The government had been proactive in improving the business environment in India through programs like ‘Make in India’ and ‘Startup India’ which have paid decently. The clear testimony of this being the jump in FDI inflows and the uptake of government’s Learning &Development (L&D) module. FDI inflows grew more than 48% in the 12 months…
Corporate tax rate is an important factor in determining the attractiveness of a country for foreign investment.Other things being equal, investments are likely to be larger in countries that have a relativelylower corporate tax rate. This probably is the case with India. Although India is one of the fastest growing economies and has a higher…
The twelfth and final edition of the 1st series of the monthly seminar titled “BSE-PIF Financial Sector Policy Series” was held in Mumbai on the 8th March 2018. Ms. Nirupama Soundararajan, Senior Fellow, Pahle India Foundation welcomed the gathering and made the opening remarks at the session. The panellists for the session included Shri Sandeep…
The seventh seminar of the “PIF-YGI Monthly Seminar Series on MSMEs” was held in New Delhi on the 6th March 2018. Ms Gunja Kapoor, Associate Fellow, Pahle India Foundation made the introductory remark at the session. The panellists at the seminar included Shri Dhiraj Nayyar, Head- Economics, Finance and Commerce, NITI Aayog, Government of India,…
When the social security sector of a nation fails to deliver on its intended purpose, the populace takes up the mantle for social security on itself. The ensuing arrangements are not only sub optimal in providing social security but are also the genesis for a slew of other issues. These new issues emanating from improvised…
NPAs and stressed assets have developed into a momentous problem which has put the banking sector in a fix.Public Sector Banks (PSBs) are facing difficultyin recuperating from thissituation,with many having entered the prompt corrective action list and others showing quarterly losses in financial reports. The government has also been putting in efforts to help the…
In the existing market structure, the mutual funds market has a plethora of people engaged in doing essentially the same work which is to bring more investors into the market. These people may call themselves Mutual Fund Distributors, Independent Financial Advisors, Financial Consultants or Investment Advisors. They not only sell the mutual funds to their…
The budgetary allocation of INR 7, 148 crores to Textiles and Garments industry during Union Budget 2018-19 saw an increase of around 14 per cent in comparison to the amount allocated last year (2017-18) i.e. INR 6226.5 crores. Thisin itself should be a reason to cheer for the people working in the industry. This labour-intensive…
The answer seems to be yes. India has achieved the feat of being among the Top 100 countries for Ease of Doing Business (EODB), according to the World Bank’s study this year. What needs more attention is the issue of “Cost of Doing Business”. India ranks 100 in EODB, while China is at 78. If…
