October 13, 2020 2:19 am
Congress said the announcement was a clear admission that the “much hyped” Rs 20 lakh crore Atmanirbhar plan announced by the Prime Minister in May was a “dismal failure” in protecting and reviving India’s “ravaged” economy.
October 08, 2020 12:30 am
Rajan, currently a professor at the University of Chicago, further said India needs world-class manufacturing and that means the country's manufacturers have access to cheap imports, which form the basis for strong exports.
September 25, 2020 8:31 am
"The economic package under this self-reliant India initiative, which was announced in the aftermath of the coronavirus shock, has supported the Indian economy and mitigated significant downside risks," an IMF official said.
September 21, 2020 8:56 am
The COVID-related pressures and the unfortunate border tensions with its largest import partner, China, present a rare opportunity for India to reinvent itself, economically.
August 27, 2020 4:10 pm
The Atmanirbhar Bharat Abhiyan package provides little relief to the services sector, write Geethanjali Nataraj and Rishika Singh.
August 26, 2020 10:10 pm
India is one of the largest importers of arms globally. According to estimates, the Indian armed forces are projected to spend around USD 130 billion in capital procurement in the next five years.
August 11, 2020 9:44 am
The promise of contracts worth almost Rs 4 lakh crore to the domestic industry over the next 5-7 years does appear impressive – but so was the figure of Rs 3.5 lakh crore for projects under the Make in India scheme, all of which got stuck in the pipeline.
August 11, 2020 11:50 am
Announcing the policy, Singh said that the Defence Ministry is “now ready for a big push to Atmanirbhar Bharat initiative” and will introduce “import embargo on 101 items beyond given timeline to boost indigenisation of defence production”.
August 09, 2020 5:32 pm
Making the announcement on Twitter, Singh tweeted, "The Ministry of Defence is now ready for a big push to #AtmanirbharBharat initiative."
July 21, 2020 7:29 am
From the point of view of new investments in the manufacturing sector, real interest rates have gone up over the past two years.