commerce Minister Nirmala Sitharaman
398 special economic zones (SEZz) have not yet started the operations despite getting the needed approvals. The aforesaid was stated by the Commerce and Industry Minister Nirmala Sitharaman in Rajya Sabha last day. While giving a reply to the supplementaries during the Question Hour, she stated that setting up of SEZs has been a long [...] Continue Reading »
A successive chain of governments in India have repeatedly obsessed over a way to clear the red tape that entangles businesses in India, in a way to attempt a ‘quick-fix’ solution that may someday enable the country to awake to a new era of economic prosperity. The current government is no different. Commerce minister Nirmala [...] Continue Reading »
During the presentation made by the officials to the ministry to state on matters of commerce and industry Nirmala Sitharam, several topics were raised. This included imposition of MAT (Minimum Alternate Tax), deriving of the manufactured output, restrictions made on the import of gold which ultimately affect the jewel and gems industry along with stagnant [...] Continue Reading »
In the last decade post the floodgates were opened by the then Prime Minister Narasimha Rao and Finance Minister Manmohan Singh for globalisation, the US based, Europe Based and Australia based companies had set their operations in India. In the later years we saw some growth from the Latin American countries and South Africa too. [...] Continue Reading »
