I do not know if introduction of GST will add a point or two to our GDP. Nor do I know for sure if our GDP will get a leg up should we substantially improve the skills of our people, or if we have a digital India, or if we have Smart Cities.
Tag: GDP
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Hitting the road
Investing in an infrastructure project isn´t really glamorous, more so if it happens to be a still developing economy like India that needs to first create some basic infrastructure. A new road project or a thermal power plant many not excite as much as investing in a cutting-edge technology start-up in India´s own Silicon Valley, Bengaluru
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Bridging the gap
E-commerce has revolutionised the retail logistics in our country. It has opened up big opportunities in supply chain management. Definitely, this is a positive development for the logistics sector.
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Is India´s steel industry ready to take the torch from China?
As Prime Minister Narendra Modi pushes for improvements in India´s infrastructure and housing, the nation´s steel consumption is set to accelerate. China´s demand for steel, meanwhile, is retreating from the double-digit growth rates of the past 10 years as Beijing tries to shift the economy to focus on domestic consumption rather than exports.
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Govt eyes Rs.2,500 cr profit from ports in two years
Union minister Nitin Gadkari has said the Centre is targeting a net profit of Rs 2,500 crore from its 12 major ports in the next two years. Shipping and waterways would contribute at least one per cent to the country´s GDP by March 2016, he added.
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GST will be a game changer
India is a burgeoning economy and is emerging as one of the world´s leading markets. It expects to sustain strong growth over the coming years and strives to become one of the top three economies in the world by the middle of the century.
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Rs.8.5 lakh crore plan is for decongestion of network
Despite having the largest rail network in Asia, Indian Railways has not been able to make much progress. The reasons for its dismal growth are known. Union Railway Minister Suresh Prabhu has ambitious plans of expansion and capacity building. In this regard, he says that in the high density routes, there has been considerable underinvestment, resulting in congestion.
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Bridging the trust deficit
The Land Acquisition Bill continues to be a serious political issue, under hot debate. The issues of right proportion of landowners who agree to sell their land, and the multiple of market prices that is appropriate, are primarily political issues, and may have limited economic basis to resolve.
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Urban infrastructure: Challenges in India
Urban India is important to the Indian economy, society, polity and the environment in more ways than one. For instance, nearly 600 million Indians would be living in cities by 2030, while cities would generate nearly 70 per cent of new jobs by 2030 and also produce more than 70 per cent of India´s gross domestic product.
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VOX POP
The Finance Minister has taken a very pragmatic approach and crafted a Budget in a manner which can provide a boost to both infrastructure and manufacturing which will create employment and also augment India´s competitiveness vis-a-vis its peers and at the same time adhered to the Prime Minister´s ´Make in India´ vision