Until now, units operating even in recognised industrial areas needed a separate factory licence. The move is expected to especially give a boost to small and medium enterprises.
The policy allows entrepreneurs to return land allotted for closed industrial units to Bihar Industrial Area Development Authority & reclaim a portion of their deposited lease amount.
The Mohan Yadav govt aims to propel MP’s industrial GDP to Rs 6 lakh cr by 2030. New measures pertain to sectors like manufacturing, logistics, renewable energy, IT, textiles, EVs, etc.
With China's neighbours offering global firms incentives to pull out of the 'factory of the world', India must swiftly integrate with East Asia to emerge as a legitimate alternative.
Exactly 30 years after India turned away from central planning and liberated the private sector, the Modi govt is again handing out subsidies & licenses while putting up tariff walls.
J&K industrial policy is being introduced ahead of the launch of a ‘two-year plan’, designed by Lt Governor Manoj Sinha’s office in consultations with Centre.
The currency dropped as much as 0.7% to 93.28 per dollar, after a public holiday Thursday. The central bank has been intervening to support the currency, with traders citing its presence Friday.
Rating democracies is a tricky business. I am only using the simple metric of who in the Indian subcontinent has had the most peaceful, stable, normal political transitions and continuity.
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