Topic: economic reforms

India remains the fastest growing major economy in the world with an annual average GDP growth during the last five years higher than the growth achieved by any Government since economic reforms began in 1991.
PM Modi to e conferred prestigious Seoul Peace Prize, for his contribution towards world peace and cooperation.
India's GDP is expected to grow at a rate of 7.5% in the 2019-20 financial year.
Bank of Baroda and Union Bank of India are leading among the banks with loans sanctioned by them amounting to 43% of the total amount sanctioned.
Companies without any business for two years are deleted from the register of companies
As revealed under the Asset Quality Review (AQR), the NPAs have been piling up since 2008, during the tenure of the UPA government.
The Ease of Doing Business project provides objective measures of business regulations, important dimensions of the regulatory environment and their enforcement across 190 economies and selected cities at the subnational and regional level
The reasons given by the article by The Wire more amusing as it clearly showed their lack of understanding of data, statistic and above all, of economics.
According to the revised GDP numbers released by the government on Wednesday, India’s economic growth under the previous Congress-led coalition government was slower than estimated earlier and was never in double digits.
More than 9,000 cases have come for redressal under the Insolvency and Bankruptcy Code (IBC) after it became fully operational in December 2016.
Demonetisation was a corrective measure while the GST was a reformative one.
Government also decided to handover operation of six airports to PPP
Demonetisation was an important step in building a culture where tax compliance is a habit. Demonetisation and GST are heralding the New India.
The Khao aur khaane do culture had become a way of life for the nation, and we clearly needed action to control this trend from becoming the ‘only’ way of doing business in India.
More than half of India’s 1 billion debit and credit cards now go through the RuPay payment system
IMF in its report said that the ongoing structural reforms will benefit the country in the long-term
The accused person had registration of 14 companies and used to generate fake GST invoices.
The numbers are a strong refutation of the claims made by the opposition parties that the economy is in tatters.
We are all hoping to see you again at the Red Fort on Aug 15, 2019. A deep saffron turban, like today, would look best.
It is estimated that India will completely eradicate extreme poverty by 2030.

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