Tag: Ashok Lavasa

GDP growth to be 7% plus in 2018-19, says Economic Affairs Secretary

New Delhi: The 2017-18 Union Budget charts a story that is consistent with the policies of Government in the last couple of years, is predictable in its approach and is shorn of unnecessary surprises for the industry and society, said Ashok Lavasa, Finance and Expenditure Secretary, Ministry of F…

2020 तक जीरो इलेक्ट्रॉनिक्स आयात के लिए सरकार प्रतिबद्ध

कैबिनेट ने इलैक्ट्रॅानिक प्रोडक्ट्स के आयात को कम करने व घरेलू मैन्युफैक्चरिंग को बढ़ावा देने के उद्देश्य से अपनी स्पेशल इन्सेंटिव पैकेज स्कीम (M-SIPS) में संसोधन प्रस्ताव को मंजूरी दे दी है। इसके साथ ही केंद्रीय मंत्रीमंड़ल ने बडे इन्वेस्टमेंट (लगभग 1बिलियन USD) को आकर्षित करने के लिए कमेटी का ग…

Govt pushes for zero electronics imports by 2020

In a bid to eliminate imports of electronic items by 2020 and boost domestic manufacturing, the Union Cabinet on Wednesday approved amendments in the Modified Special Incentive Package Scheme (M-SIPS). Besides to attract big ticket investments of around $1 billion in the sector, the Cabinet appro…

Trade Unions want more jobs from Union Budget

The Union Budget for fiscal 2017-18 should create more jobs and employment opportunities, trade unions said in a representation to Union Finance Minister Arun Jaitley. “The budget should help in creating more jobs and employment opportunities. The minimum wages should be increased to Rs 18,000 pe…

Finance Ministry signals common ground with RBI on bad loans

A day after Reserve Bank of India (RBI) Governor Urjit Patel signalled a shift in the central bank’s stance towards tackling bad loans, Finance Secretary Ashok Lavasa on October 5, backed the new approach, saying state-run banks need to find practical ways out of the stagnation in loan growth. Pa…