To help India become a $5-trillion economy, the National Infrastructure Pipeline has been unveiled. But the big constraint is money willing to be locked up for years.
Several pension trusts invested in IL&FS because it was considered ‘safe’. So far, the losses are unclear as 200 trusts haven’t filed their returns to EPFO.
On 9 July 1991, then-PM PV Narasimha Rao addressed the nation days before the Budget presentation, admitting that the job of repairing India's sick economy won't be easy, quick, or smooth.
Air India’s new policy, effective from 2 May, introduces new weight limits for tickets in each of the different 'fare families' — Comfort, Comfort Plus, and Flex.
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.
De]]]]mography of Indians was a pompous boast once. Unfortunately that average Indian is at a age where he has no money. Whatever money Indians have are with over age 50 crowd. What is long term for them. The 29 year old needs to maary, have a house, a car etc and I see no savings from this group. Well, you go round and round. Poor Indians have neither time nor money. What savings”” What jobs from what pay???
A Lot of technical jargon was used in the final paragraphs with no real translation in end-user-friendly terms. Nonspecific instruments named, no clarifications given in layman terms. Some elaborations or examples would’ve helped this article immensely.
De]]]]mography of Indians was a pompous boast once. Unfortunately that average Indian is at a age where he has no money. Whatever money Indians have are with over age 50 crowd. What is long term for them. The 29 year old needs to maary, have a house, a car etc and I see no savings from this group. Well, you go round and round. Poor Indians have neither time nor money. What savings”” What jobs from what pay???
For 2cr and above tax category, people can be given an option to invest in NIP for saving on the surcharge tax
A Lot of technical jargon was used in the final paragraphs with no real translation in end-user-friendly terms. Nonspecific instruments named, no clarifications given in layman terms. Some elaborations or examples would’ve helped this article immensely.
What Indians save, the government spends. Largely on maintaining itself.
Excellent Article