It will be the year to convince global investors about India's long-term bull case
"The government has already carried out a number of reforms in various sectors and the reform process is a continuous process for improvement in the economy," Goyal said during the Question Hour.
What Modi does is not without a pattern or a method. His first term was about learning and consolidation of power. In his second term he has pushed the accelerator on reforms
Sitharaman said India's gross domestic product (GDP) growth during 2014-19 averaged 7.5 per cent, which was the highest among G-20 countries.
Poor responsiveness of tax collection to economic growth poses new challenges for norms on sharing taxes with the states
Q3 was also marked by orders for smart cities in Ranchi and the ancient city of Ujjain for smart power distribution equipment like compact substations and ring main units
Move comes a day after Finance Minister Nirmala Sitharaman announced the government was readying more reform measures to boost economy
Like fans of filmstars or cricketers, investors have shown abiding faith in Mr Modi, who is still seen as a doer with the right intent and strong will
Discarding attention-grabbing slogans, the government needs to aim for real GDP growth of 8 per cent and higher
Neither the tax cut nor the sector-specific measures will change the near-term growth outlook dramatically
Following the landslide victory of Prime Minister Narendra Modi, the government is expected to roll-out bolder reforms, which will position India for the next 25 years, a senior official of US-based India-centric business advocacy and strategic group said. Prime Minister Modi, on May 23, led his Bharatiya Janata Party towards a resounding victory for a second term in office. "Indian voters have sent a message, they want a leader who can improve on the economy, their quality of life, create jobs and make India a nation which is rising itself. They saw Modi as an individual who can deliver on that," US-India Strategic Partnership Forum (USISPF) President & CEO Mukesh Aghi told PTI. He further said that "expectations are very high and with such a large majority, we feel that there would be bolder reforms coming through, which will position India for the next 25 years". On May 30, Modi was sworn in as the Prime Minister for a second term helming a 58-member ministry. Besides 25 ...
mThe message: PM has political will, bureaucracy must raise bar for swift, efficient implementation
Jaitley adds that under PM Modi, India has one of the most open economies in the world
Make in India will not happen if land and labour reforms are not addressed
Interview with Deputy assistant to US President Barack Obama