Category: Uncategorized
Union budget 2020-21: A balanced budget and its focus on infrastructure and MSMEs to uplift economic growth – Dr Mahesh Y Reddy
The edifice of the 2020 Union Budget rests on five pillars viz. infrastructure, technology, exports, ease of doing business and employment. Importantly, these are interconnected factors; one synergizing the other. For instance, the proposal to invest nearly Rs 1.7 trillion ininfrastructure sector covering road, rail, air and waterways can really be a force multiplier. Monetization of 12 lots of highways under the toll-operate-transfer(ToT) scheme also makes great growth sense because of the successes of similar initiatives implemented earlier. The proposed setting up of 9000 km of economic corridor and 2000 km of coastal corridor would not only step up business … Continue reading Union budget 2020-21: A balanced budget and its focus on infrastructure and MSMEs to uplift economic growth – Dr Mahesh Y Reddy
Can India regain its past glory in textiles ?
There is hope in the textile industry that it can bounce back. That is significant since the industry, which ruled the roost in the past, has become dormant for quite a time. Sometime down the line, from its glory as one of the shining sectors in India’s growth story and often referred to as India’s future growth engine, textiles have slipped into a trajectory, where it was whimsically referred as a ‘sun set industry’. What is the future of the industry that has brought kudos to India’s workmanship once upon a time? Some statistics are worth examining. Though it has … Continue reading Can India regain its past glory in textiles ?
Land Acquisition in India
The issue of land acquisition continues to hog the headlines in all leading newspapers and is a matter of concern among analysts debating its fallout on the inclusive growth of our country. The recent strictures passed by the Supreme Court cancelling the acquisition of a huge tract of agricultural land in Noida Extention, home buyers consequently taking to the streets in protest and the real estate sector coming to a stand still in the area shows that the issue refuses to die down. Indeed, starting from agitation in Nandigram and Singur in West Bengal, there have been growing protests and demonstrations … Continue reading Land Acquisition in India
Rupee depreciation could delay infrastructure projects
At a time when fast tracking infrastructure projects has emerged as a crucial policy action for rejuvenating investment demand in the economy, a flurry of activity is currently underway to pull all stops which come in the way of getting stalled projects off the ground. The ubiquitous Cabinet Committee on Investment has been tasked with removing the glitches in inter-ministerial coordination which is expected to help unfinished projects to take off. But would clearances help projects off the ground or would infrastructure financing emerge as the next bottleneck? And would the recent depreciation of the rupee aggravate the problem of … Continue reading Rupee depreciation could delay infrastructure projects
Industrial Enclaves-SEZs, Industrial Estates & Parks, Industrial Clusters and NMIZs
There is an emerging consensus that for India to revert to the trajectory of 8 per cent growth and above, which is both inclusive and sustainable, it is imperative that efforts be made to increase the pace of industrial activity in the country by giving a fillip to manufacturing and service sectors. A competitive and efficient industrial sector, which has the capability to compete effectively with the best in the world in terms of cost and quality, would not only aidin resource mobilization by boosting production, investment and exports, but would also help in employment generation and thereby help India … Continue reading Industrial Enclaves-SEZs, Industrial Estates & Parks, Industrial Clusters and NMIZs
Dr Mahesh Y Reddy, Director General, Infrastructure Industry and Logistics Federation of India (ILFI) 