at the very Core of it all … is Content!
Rural Penetration of it Services to Drive ‘Make in India’ Mission Electronic Visa gives Fillip to Tourism Sector Information Technology (IT) and IT -enabled Services (ITeS) makes up the single largest contributor to India’s Services exports. The Economic Survey 2014-15 says the IT and ITeS sector including Business Process Management (BPM), continues to be one of …
India needs to create additional fiscal space in order to ensure macro stability and to create buffers for future economic downturns, says the Economic Survey, tabled in Parliament by the Union Finance Minister, Shri Arun Jaitley here today. Medium-Term Strategy The Survey advocates a medium-term fiscal strategy to create this space. The space, it says, …
Economic Survey 2014-15 acknowledges the green actions taken by India, including imposing significantly higher taxation of petroleum products and thereby reenergizing the renewable energy sector. India shifted from a carbon subsidization regime to one of significant carbon taxation regime, from a negative price to an implicit positive price on carbon emissions. India has cut subsidies and …
Economic Outlook, Prospects and Policy Challenges Macroeconomic fundamentals in 2014-15 have dramatically improved. Highlights are: Inflation has declined by over 6 percentage points since late 2013. The current account deficit has declined from a peak of 6.7 percent of GDP (in Q3, 2012-13) to an estimated 1.0 percent in the coming fiscal year. Foreign portfolio flows …
Economic Survey says Services Sector Negotiations at WTO Crucial, Seeks Removing Market Access Barriers and Domestic Regulations India’s dynamic Services Sector clocked double digit growth rate of 10.6 per cent as per the Advance Estimate during the current financial year, as compared to 9.1 per cent in the last fiscal (FY 2013-14). Contributing almost 72.4 …
Clean Energy Cess Doubled to Rs.100 per Tonne to Mop up Rs. 17,000 Crores in NCEF India’s Action-Oriented Policies to Bring Rapid Development to People While Purposefully Addressing Climate Change The Economic Survey 2014-15 presented in the Parliament today says that India has made considerable progress in tackling climate change issues. The year 2015 is …
Number of Macro Level and Sectoral Initiatives Undertaken to Improve Industrial Growth The Index of Industrial production (IIP) suggests that industrial sector is recovering slowly with a 2.1 per cent in April – December 2014-15 over the 0.1 per cent in the same period last year. The Economic Survey presented by the Finance Minister Sh. …
Economic Survey 2014-15 discusses the “Make in India” the flagship initiative and a key policy objective of the new government. The Survey contemplates “What should India make?Manufacturing or Services? ” As a prelude, the Survey states that, in order to bring about expansion and structural transformation, India should utilize its dominant resource of unskilled …
Award winning status for Nant Distilling Company on the world stage 18 February 2015: Nant Distilling Company has again achieved international acclaim at the prestigious World Spirit Awards in Europe for two of its single malt expressions. The Tasmanian distiller continues to go from strength to strength, boasting a Gold medal win for its American Oak …
Cricket lovers simply need to Ask for Money from their friends on mobile and Facebook to win the Grand Prize New Delhi, February 26, 2015: – Oxigen Wallet, a prepaid digital wallet that enables customers to store their money virtually, has launched a new campaign in time for the World Cup through its ‘Ask Money’ …