The monthly outlook report for August says the uncertainty on account of the pandemic still persists and only a vaccine will restart discretionary spending.
The decision has been taken given as using technological innovations for planning, scheduling & forecasting is known to be economical, efficient and effective, an official memo said.
Modi govt says revenues are under strain and expenditure is increasing due to the pandemic and needs of national security to counter states' demand that it should borrow.
The process, which started in early 2017, took nearly 2 years to reach the 10-crore mark. But this more than doubled over the last 17 months to touch 25 crore now.
I-T dept will analyse expenditure patterns through collected data to look for evasion. But honest taxpayers won’t be impacted, stresses the government.
Finance ministry said that in June, a large number of people paid taxes pertaining to February, March & April on account of the relief provided due to Covid-19.
In a letter to all state chief secretaries, the finance ministry sought proactive and preventive measures amid rising incidents of violence against bankers on bank premises.
Going through their Instagrams and dissecting their ‘statements’ is not the astute political commentary you think it is—it is time for us to back off from targeting 20-year-olds.
Companies are borrowing more from banks and public. Economists say high capacity utilisation & growing new orders could set stage for renewed investment push by India Inc.
New Delhi has, in past, too, objected to Chinese construction activities in Shaksgam Valley. Work in this strategic region gathered pace after the 2017 Doklam stand-off.
A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.
If you keep talk like this with no real deal or substance and keep turning blind eye to what happening on ground soon no one will take this government seriously, there will nothing going to V shape anytime soon may by 2022 at least. please talk sense and work with honesty and not indulge in petty politics all the time.
The economy has not yet touched bottom. The economic indicators of last quarter of this year will be disastrous. Unless other remedial measures are initiated immediately with multi-pronged approach ,we may face riots as all savings with lower strata of people is almost spent. Across all sectors are about to close down . All states are empty. There are no green shoots. There is no possibility of recovery. Maximum in next year 2nd half we may see L shape recovery ,provided right now central government initiative proactive measures immediately
Money should be given across to all people apart food grains with out any segmentation and conditionalities.
They know everything, always jump the gun to make statement, without even understanding the fundamentals. It will never be a v shaped recovery. Economy will shrink by more then 10% for the entire year. This team will again use some stupid comparison to show recovery . They would compare Q! with Q2 and claim victory!!!!! haha
Like the COVID would be over in 21 days? The economy will not create a V back up it will take a long time as the majority of people have lost their jobs and no one has money to spend! This finance minister and Prime Minister have done more damage to India in five years than the entire others combined!
In most states the lockdown is still and tourism and entertainment still not started it gives more gdp, how the govt saying the economy is rebounding
If you keep talk like this with no real deal or substance and keep turning blind eye to what happening on ground soon no one will take this government seriously, there will nothing going to V shape anytime soon may by 2022 at least. please talk sense and work with honesty and not indulge in petty politics all the time.
The economy has not yet touched bottom. The economic indicators of last quarter of this year will be disastrous. Unless other remedial measures are initiated immediately with multi-pronged approach ,we may face riots as all savings with lower strata of people is almost spent. Across all sectors are about to close down . All states are empty. There are no green shoots. There is no possibility of recovery. Maximum in next year 2nd half we may see L shape recovery ,provided right now central government initiative proactive measures immediately
Money should be given across to all people apart food grains with out any segmentation and conditionalities.
They know everything, always jump the gun to make statement, without even understanding the fundamentals. It will never be a v shaped recovery. Economy will shrink by more then 10% for the entire year. This team will again use some stupid comparison to show recovery . They would compare Q! with Q2 and claim victory!!!!! haha
Mungeri Lal !
Like the COVID would be over in 21 days? The economy will not create a V back up it will take a long time as the majority of people have lost their jobs and no one has money to spend! This finance minister and Prime Minister have done more damage to India in five years than the entire others combined!
The spin never stops. Why not wait for growth to become visible even to the untrained eye.