Appointed as finance minister under prime minister PV Narasimha Rao, Singh enacted slew of reforms that broke shackles of overregulation & protectionism.
100% FDI will now be allowed in manufacturing of satellite components without need for govt approval. Up to 49% will be allowed automatically in launch vehicles and spaceports.
The FDI policy reform is expected to boost employment and will allow companies to set up manufacturing facilities in the country, the government said in a statement.
Countering insurgency needs the Pakistan Army to demonstrate a political will that ties leaders at the centre with those in the borderlands. But it may not have the imagination.
Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.
21st edition of annual joint military exercise will be held from 1 to 16 September, aimed at sharing military tech, operational best practices & disaster relief coordination methods.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
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