India Inc urges govt to implement industry-friendly reforms
21 hours, 55 minutes ago

India Inc urges govt to implement industry-friendly reforms

Deccan Chronicle  

New Delhi: India Inc on Sunday urged the government to implement industry-friendly reforms, proposing India's priority sector lending framework and advocating for the inclusion of emerging and high-impact sectors such as digital infrastructure, green initiatives, healthcare and innovative manufacturing. “Similarly, sectors like infrastructure and innovative manufacturing lack adequate PSL focus despite their potential to drive economic growth. We could look at inclusion of emerging and high-impact sectors, including digital infrastructure, green initiatives, healthcare, and innovative manufacturing,” the industry chamber said. “Hence, it is time that the PSL framework be reviewed every 3-4 years to align based on emerging priorities and PSL allocations should be in line with GDP contributions and sectoral growth potential,” it said.

India Sectors Cii Psl Innovative Manufacturing  reforms  gdp  framework  sectors  innovative  govt  implement  infrastructure  industryfriendly  development  psl  emerging  manufacturing  india  urges  cent

History of this topic

India’s digital public infrastructure: A catalyst for innovation and competition
1 month ago

India’s digital public infrastructure: A catalyst for innovation and competition

Live Mint  

Some scholars and practitioners have argued that digital public infrastructure could lead to monopolization and stifle private innovation by creating large government-controlled platforms that overshadow private players. In India, DPI initiatives like UPI and Aadhaar are examples of the state taking a lead in technological development, enabling private-sector growth and innovation. This is precisely what DPI is designed to do—broaden …

Transforming India's Economy: The Power of Digital Public Infrastructure
2 months ago

Transforming India's Economy: The Power of Digital Public Infrastructure

Live Mint  

The article highlights the importance of digitalization in transforming India's economy. It emphasizes the role of open platforms and collaboration between the public and private sectors in building a robust digital infrastructure. The government's initiatives, such as the Unified Payments Interface (UPI) and the Open Network for Digital Commerce (ONDC), demonstrate the government's commitment to fostering a digital economy.

Budget 2024: Delicate balancing by government testament to stability, growth
10 months, 2 weeks ago

Budget 2024: Delicate balancing by government testament to stability, growth

Live Mint  

Navigating the intricate journey of presenting an interim budget in the lead-up to general elections presents a formidable challenge. This has resulted in a delicate balancing act, culminating in a budget that stands as a testament to stability, growth, and the government's unwavering dedication to inclusive development. The government has taken a bold step by elevating the capital expenditure for …

World Bank lauds India's digital infra impact: 'Five-decade journey in 6 years'
1 year, 3 months ago

World Bank lauds India's digital infra impact: 'Five-decade journey in 6 years'

Hindustan Times  

The World Bank has lauded the transformative impact of Digital Public Infrastructures in India in the past decade under the Narendra Modi-led government. The document, prepared by the World Bank as part of the G20 Global Partnership for Financial Inclusion, highlighted the measures taken by the Modi government and the pivotal role of government policy and regulation in shaping the …

Modi govt's red carpet for semiconductor industries, offers 50% financial assistance to technology firms
1 year, 4 months ago

Modi govt's red carpet for semiconductor industries, offers 50% financial assistance to technology firms

India TV News  

Semicon India 2023: Prime Minister Narendra Modi on Friday said that the government will give technology firms 50 per cent financial assistance for setting up semiconductor manufacturing facilities in the country. Addressing the Semicon India 2023 conference in Gandhinagar, PM Modi said that his government has rolled out the red carpet for semiconductor industries. India’s continuously growing startup ecosystem will …

Vision 2047: Why Public And Private Sectors Should Team Up As India Sets Development Goals High
2 years, 3 months ago

Vision 2047: Why Public And Private Sectors Should Team Up As India Sets Development Goals High

ABP News  

The Covid-19 pandemic has shown how by working together, the public and private sectors in India can effectively collaborate in diagnostics, technology and taking quality healthcare to the last mile. The private sector has a lot of critical information about concrete barriers that are holding back job creation and growth," says the report, written by noted economist Bibek Debroy and …

Industry requests more finance, clarity on India’s space policy
3 years, 2 months ago

Industry requests more finance, clarity on India’s space policy

The Hindu  

Industrialists told Prime Minister Narendra Modi on Monday that for the space industry to grow, the Government should help small and medium sector enterprises access more capital as well as move faster on finalising its space policy. The industry leaders were speaking at the inauguration of the Indian Space Association, an organisation meant to represent the interests of the Indian …

Auto sector must change approach: PM
3 years, 3 months ago

Auto sector must change approach: PM

The Hindu  

In a message to the automobile manufacturers, Prime Minister Narendra Modi on Wednesday said the next 25 years are very important for the country and there is a need for government and industry to work together for next-generation infrastructure, world-class manufacturing and new age technology. “There are rapid changes taking place in technology, lifestyle and economy and old approaches and …

Opinion | A reassuring Budget focused on growth, investment & jobs
3 years, 10 months ago

Opinion | A reassuring Budget focused on growth, investment & jobs

Live Mint  

Budget 2021 has given a massive push to healthcare and infrastructure with a focus on growth, investment and jobs. To fund this massive infrastructure push the Budget has announced ambitious plans to privatise central public sector enterprises, monetize public sector assets, including government land banks, ease foreign direct investment limits in sectors like insurance and float zero-coupon bonds for infrastructure …

Discover Related