Economic Survey for 2013-14
The pre-budget economic survey which was presented in the Parliament reiterated the need to promote structural changes in manufacturing in the medium term. There was a tremendous slowdown witnessed by the industrial sector which had negatively impacted the GDP of the nation, needs robust mechanisms for revival. Reviving private sector investments to spur growth in [...] Continue Reading »
Many reasons have led to cost overrun of 21 % for around 239 projects up till February 2014 in coal, power, petroleum and steel sector. The turbulence in the infrastructure sector led by delays in regulatory approvals, problems in land acquisition & rehabilitation, and environmental clearances seem to the major factors leading to this cost [...] Continue Reading »
The Economic Survey stated that in order to facilitate improvement in business environment the government should practice a ‘use it or lose it’ policy. This policy would help in freeing land holdings for industrial purposes. Apart from this the pre-Budget document also spoke of other short term solutions which would help the government in developing [...] Continue Reading »
