Two important data sets have been brought out recently by MOSPI on second advance estimates of national income for 2020-21 and the first revised estimates on income, consumption, saving and capital formation for 2019-20, which includes revised estimates for GVA/GDP of FY19 and FY18 as
Bajaj Auto is already working through partners to enter the three or four ASEAN markets where the company is not present as these are strongholds for Japanese companies.
It took almost nine months to design after Prime Minister Narendra Modi, during his interaction with officials in May last year on ways to boost the agriculture sector, underlined the importance of developing Brand India for which agri-clusters can be promoted.
Recovery aided by pent-up demand, govt, realty; data inadequate; no proof yet of sustained revival
While the budget is expected to be fairly populist in nature, it is likely to largely follow the trend set by the Union government and prioritise infrastructure, health, MSMEs and skill development.
At the same time, this government doesn’t hesitate to acknowledge the contribution of wealth creators to nation building. Unless business creates wealth, the government has nothing to distribute to the poor and migrant labourers, Sitharaman said.
RBI Monetary Policy Live: The 10-year bond yield has gone up from 5.93% a day ahead of the Union Budget to 6.08% yesterday.
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