Finance Minister Nirmala Sitharaman announced the new Agriculture Infrastructure and Development Cess in the Budget, but clarified it will not increase the prices of commodities.
Speaking to ThePrint, ex-NITI Aayog vice-chief Arvind Panagariya calls for privatisation of public firms, trade liberalisation & more relaxation in labour laws by states, but no Covid cess.
For an industry globally classified as hazardous, protections such as health insurance and a provident fund for workers are necessities. In Sivakasi, they remain elusive.
The industry forecasts exports are set to grow 16% in 2025-26, boosted by surplus domestic production and a drive to push into 26 underserved global markets with strong potential.
Indigenisation level will progressively increase up to 60 percent with key sub-assemblies, electronics and mechanical parts being manufactured locally.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
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