Budget 2022: An opportunity to accelerate economic revival
13 Jan 2022 The Indian economy has shown great resilience amidst severe pandemic disruption. Guided by the Government’s supportive policies, India is now back on growth track with four consecutive quarters of growth and the feasibility of 9.5% annual growth for this fiscal. At this juncture, India Inc would like the forthcoming Budget to continue […]
The budget must aim at reforms and create new shock absorbers
21 Jan 2022 The Union Budget for 2022-23 is being announced in exceptional circumstances—a nascent economic recovery is gathering pace, investor confidence is on the upswing and Indian stock markets are booming. Yet, a spike in covid infections led by the Omicron variant and a third wave of the pandemic are creating some apprehensions over […]
Economic Recovery Post the Pandemic
21 Jan 2022 The pandemic affected economies around the world, with China being the only major economy registering positive growth in 2020. The policy support of the governments, vaccinations, a better understanding of the virus and how to deal with it, have all brought growth back. However, the post pandemic world of today is not […]
Union Budget 2022-23: Fostering a Stable Policy Environment
24 Jan 2022 With a week to go before the presentation of the Union Budget, considerable anticipation has started building up among economic players about what would be in store for them on the Budget day. Hence, at a time when the economy is showing distinct signs of recovery and there is a growing sense […]
A Budget for Sustained and Inclusive Growth
26 Jan 2022 The Union Budget is being presented at a time when the economy seems to have resumed its upward growth trajectory after the devastation caused by the first and second waves of Covid-19. As per advance estimates, the Indian economy is projected to grow at a rate of 9.2% during FY22 with gross […]
The booster dose that India needs
03 Feb 2022 The budget 2022-23 has been much awaited for boosting the green shoots of growth. The finance minister has struck the right chord by focusing on public investment to crowd in private investment, thus launching in motion the virtuous cycle of demand, investments, and jobs. A real booster for the economy came with […]
Union Budget 2022-23 Budget sets the tone for India’s aspirations
03 Feb 2022 The Finance Minister presented a very growth-oriented and transformative budget which will not only strengthen the economic recovery currently underway, but also lay the foundation for bolstering the medium to long term growth potential of the economy. Indian industry welcomes the government’s unwavering commitment towards boosting investments, creating jobs, improving ease of […]
Budget retains growth focus
03 Feb 2022 The Union Budget 2022-23 was truly a transformative and visionary document, which laid the blueprint for the next 25 years through boosting investments, creating jobs, improving ease of doing business, maintaining tax stability and support to the stressed sectors. The four key priorities outlined in the budget namely, Gati Shakti, inclusive development, […]
Laying the Roadmap for India at 100
03 Feb 2022 Delivering on the promise of introducing a series of growth-oriented and significant reform initiatives, the Union Budget 2022-23 laid down the roadmap for establishing India as a global force to reckon with as it turns 100 in the year 2047. With a view to provide further fillip to the investment sentiment, the […]
Budget will pave the way for economic recovery
03 Feb 2022 The Union Budget, presented by Finance Minister Nirmala Sitharaman on February 1, 2022, has several forward-looking reforms and announcements that are expected to re-energise the growth engines of the economy. Progressive and growth-oriented, this year’s Budget has introduced wide-ranging reforms across sectors focussing on infrastructure, digital economy, ease of doing business, education […]