Bangladesh has South Asia’s most liberal investment regime — in terms of legal protection of foreign investment & generous fiscal incentives, says PM Sheikh Hasina.
Former CEA Arvind Subramanian has said methodological changes led to overestimating GDP growth by 2.5 percentage points per year between 2011-12 & 2016-17.
Modi is being forced to focus on economy after slowest expansion in 5 years. Revitalising lenders is essential to jump-starting investments & spending.
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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