The advance estimates for GDP as well as GVA growth for FY17 released today are in line with the estimates of the RBI, pointing towards slow growth ” said Mr. Pankaj Patel, President, FICCI. “The data on gross fixed capital formation corroborates the weakness in investment activity. We hope that the recent cut in lending rates by banks and the impetus given to the housing sector will help in boosting the demand and investment scenario. We hope that this rate cut cycle will be carried forward to further accelerate the pace of growth”, said Mr. Patel. “We also look forward to reduction in tax rates and further policy push to support demand and investment in the upcoming Union Budget. An economy with wider tax base and robust growth will help fund the capital and social expenditure for the larger benefit of the economy”, he added.
Women Entrepreneurs from India & Chile can lead the Countries towards Economic Prosperity &Development
“Women need to come together and help each other, using their strengths and capabilities towards the betterment of society. This can be achieved through … [ Read more ]
Colonel Amrik Singh (Retd.), has been appointed as Private Secretary to the President, All India Council of Sports (equivalent to Minister of State) (Prof. … [ Read more ]
Ms. Keerti Tiwari IIS (2008) presently Joint Director, PIB, Guwahati, are placed at the disposal of President Secretariat, with immediate effect for appointment as Deputy … [ Read more ]
Shri Kapil Dev Tripathi IAS (Retd.) (Assam -Meghalaya1980), presently Chairman of Public Enterprises Selection Board(PESB), has been appointed as Secretary to the President, on … [ Read more ]