ECONOMIC SURVEY 2020-21
Optimism over economic growth…
Economic Survey projects a 11 per cent growth for 2021-22 and a 6.8 per cent growth for the year 2022-23. A big step-up in expenditure for health and infrastructure and a bold thrust on privatisation are among the other highlights.
THE GDP GROWTH is set to increase by 11 per cent (15 per cent in nominal terms) in 2021-22. Chief Economic Adviser K Subramanian, author of the Survey, said deficit control exercise should be reserved for better times. Even IMF has urged support for growth in expenditure in critical situations as at present.
2020-21 HAS BEEN one long year of budgets. The Covid-19 pandemic threw to winds the estimates, priorities and the very framework of the budget presented a year ago on 01 February 2020. We witnessed continuous attempts at fiscal corrections to cope with the enormity of the Covid-19 dislocations. Finance Minister Nirmala Sithara- man presented Atmanirbhar Bharat packages 1.0, 2.0 and 3.0 in quick succession. Reserve Bank Governor also announced a few monetary measures. These together were estimated to cost Rs 27.1 lakh crore that amounted to over 13 per cent of the GDP
Jan 2021 Cover Story : Cheer on the Gas front
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Reliance Industries and BP has announced that commencement of production at the ultra deep water gas field in the Krishna-Godavari Basin of Andhra Pradesh. Of the three blocks developed at an investment of around Rs
The insurance sector in India was thrown open to private companies in 2000, attracting a rush from banks, private companies including global companies to join the fray. Today, even after two decades the spread of insurance is very poor.
Impact of Covid-19 on India's media and Entertainment Industry
by Kandasamy Bharathan , JMD, Kavithalaya Productions P Ltd
Data released on the state of the economy for the first quarter showed agriculture as the one green sector that performed well with a positive growth of 3 per cent. The sector has the potential for double digit growth. The enactment of three bills relating to fundamental reforms of the
Tamil Nadu was the earliest among states to tackle the Covid-19 pandemic. Chief Minister E K Palaniswami assisted by TN Minister of Health and Family Welfare, Dr Vijaya Bhaskar and a prized team of senior civil servants, acted fast. Capacities available with the government and private hospitals, educational institutions... were
“Dhirubhai is not in the pink of his health. The stroke he suffered a couple of years ago appears to have caused partial paralysis of his right arm. As he was getting down the platform after the press conference was over, leaning on the shoulders of chief executive Malhotra, the
NO TRAIN ON THE RAIL TRACK. LET US SPRUCE UP THE STATION
With total lockdown, with no rail movement, there is a great opportunity to refurbish rail stations with the involvement of the local community. Guindy, with its many firsts, is an ideal canditate. Come, let us spruce up the station!