India is the only country where there are different policies for different segments of the retail business and e-commerce. Logically, there should be one policy, said Mr. Amitabh Kant, CEO, NITI Aayog. Kant was interacting with CEOs at the Valedictory Session of the sixth edition of Massmerize 2016, FICCI’s annual[Read More…]
Tag: GDP
Cabinet clears new norms to reform construction sector
Union Finance Minister Arun Jaitley on Wednesday said that the Union Cabinet has approved fresh norms for the construction sector. Jaitley said that the government has been trying over the last year to improve upon the functioning of the sector. According to the new norms wherever there are disputes pending between public[Read More…]
India Ratings and Research revises country’s FY17 GDP growth to 7.8%
In a major boost to economic growth for 2017, the India Ratings and Research (Ind-Ra) has revised its gross domestic product (GDP) growth forecast for Fiscal Year (FY17) upwards to 7.8% from its earlier forecast of 7.7%. The upward revision has been prompted by the progress of monsoon and the[Read More…]
2014-15 state GDP data: Bihar tops, Gujarat flops
Gross State Domestic Product (GSDP) data for the year 2014-15 shows the slowest-ever growth rate in Gujarat at 7.7%. This was Gujarat’s first year under chief minister Anandiben Patel. The state which grew at the fastest pace was Bihar, with a growth rate of 15.6%, under chief minister Nitish Kumar.[Read More…]