Services' share in India’s GVA increased from 48% to 57% in 8 years without being the primary focus. Imagine what the sector can do if Modi govt sets its eyes on it.
When GST was rolled out in India, proposals pertaining to 45-50 per cent of the government’s tax revenue were taken out of the Budget and placed under the GST Council.
The government has merged several public sector banks to improve profitability. But users have not been informed of the complications these mergers have caused.
India's attractiveness as an investment destination is not based on its low tax rates. Give the super-rich basic amenities in return for the higher tax and they'll stay and pay.
If Modi wants to be seen as a true statesman, he must deliver on the promises he has made to the world, even if this doesn’t reap dividends politically at home.
It is increasingly a good time to deposit money and an increasingly costly affair to take a loan. Banks are finding that their avenues for lending are more curtailed.
The claim that VB-GRAMG provides an employment guarantee is incorrect. The only guarantee is to 'empower' the Centre to allow partial implementation in notified areas alone.
It is argued that India-Israel ties are moving from buyer–seller dynamic to one focused on joint development & manufacturing partnership, a shift 'more durable' than traditional arms sales.
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
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