Finance Minister Arun Jaitley in his upcoming budget speech is expected to address issues plaguing the manufacturing sector, announce measures to curb pollution and give a fresh push to the Skill India programme. Jaitley recently talked about the need to “to put our house in order” so as to help …
Tag: Arun Jaitley
India, UAE for co-op in Investment, Innovation, SMEs
India and the United Arab Emirates (UAE) on February 10 emphasised on the need for cooperation between the two countries in the fields of investment, innovation and Small and Medium Enterprises (SMEs). UAE Minister of Economy Sultan Al Mansoori called on Union Finance Minister Arun Jaitley, where…
Citizens not in favour of a ‘Populist’ Budget | Giriraj Singh
Making a case for 8-9% growth rate, Jaitley on January 30 indicated that his upcoming Budget will not resort to “sheer populism” for good ratings and will focus on structural reforms. Minister of state for MSME, Giriraj Singh on January 31 said citizens are not in favour of a ‘p…
Labour Ministry to ease compliance norms for Start-Ups
The Labour and Employment Ministry on January 24, took steps to relax labour-related compliance measures for start-ups, a week after Prime Minister Narendra Modi unveiled the Start-up India initiative. The Ministry has decided to exempt start-ups from inspections related to key labour laws—includ…
Indo-French business leaders engage to strengthen partnerships
India and France have shared a long and common history and friendship, which has developed into a strategic partnership and now France is the third largest investor in India, said Michel Sapin, Minister for Finance and Public Accounts, Government of France, at an interactive business session orga…
MSMEs can expect a number of enabling initiatives in Budget 2016
The significance of Micro, Small & Medium Enterprises (MSMEs) to India’s economic growth and prosperity is well established. They provide the critical depth to the manufacturing and service sectors, foster entrepreneurship and generate substantial employment. Close to 45 per cent of the tot…
NASSCOM partners DIPP to Organize ‘Startup India, Standup India’ launch event
Following the Prime Minister’s declaration of ‘Start up India, Stand up India’, NASSCOM 10,000 Start-up Program is co-opting with Department of Industrial Policy and Promotion, Government of India, along with other partners to host ‘Startup India’ event on January 16, 2016. The event will be addr…
MUDRA Loans: Banks, Microfinance take Lion’s share
On January 7, the Government announced: “MUDRA (Micro Units Development Refinance Agency) loans amounting to Rs 71,312 crore have been disbursed to 1.73 crore borrowers as on 1st January, 2016.” A closer look at these numbers reveals the government refinanced loans of only Rs 2,000 crore under th…
Invest in Andhra Pradesh, Jaitley tells entrepreneurs
Finance Minister Arun Jaitley on January 10 made a strong pitch for Andhra Pradesh as an investment destination, saying that its leaders were completely focused on development and that the state had plenty of resources. He was speaking at the inauguration of the three-day Partnership Summit joint…
Make MUDRA Independent: CAIT
The Confederation of All India Traders (CAIT) has urged Finance Minister Arun Jaitley to free Mudra from the clutches of Reserve Bank of India by bringing in necessary legislation in Parliament. Mudra should be made an independent regulator to effectively cater to the financial needs of non corpo…