TRADE, TECH & SUSTAINABILITY: ENGINES FOR LONG-TERM GROWTH
The New Indian Express|July 16, 2024
FINANCE and Corporate Affairs Minister Nirmala Sitharaman is poised to set a historical precedent.
CHANDRAJIT BANERJEE
TRADE, TECH & SUSTAINABILITY: ENGINES FOR LONG-TERM GROWTH

When she presents the complete Union Budget for 202425 on July 23, she will become the first finance minister to present seven consecutive budgets.

The Interim Budget of February underscored the government's commitment towards realising the goal of being Viksit Bharat or a developed country by 2047. The full Budget is expected to further strengthen these initiatives and drive the growth momentum while presenting a comprehensive strategy for long-term economic growth.

As India's development partner, the Confederation of Indian Industry (CII) has been actively engaged in providing constructive policy recommendations to the government and has submitted key proposals for the 2024-25 Budget. Here, I would like to focus on three critical areas-trade, technology and sustainability, which play catalytic roles in fostering inclusive, sustainable and long-term economic growth and are pivotal in charting India's path towards becoming a developed nation.

Trade

India's external sector has recorded robust growth in the recent past. Despite a challenging global environment and trade slowdown, India recorded its highest export of $776.68 billion during 2023-24. This can be credited to government programmes such as Make in India, production-linked incentives, export promotion schemes and introduction of WTO-compatible schemes.

هذه القصة مأخوذة من طبعة July 16, 2024 من The New Indian Express.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة July 16, 2024 من The New Indian Express.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من THE NEW INDIAN EXPRESS مشاهدة الكل
Chasing his red-ball dream, keeper-batter Jaker lands in India
The New Indian Express

Chasing his red-ball dream, keeper-batter Jaker lands in India

POSTED as a Naik with Bangladesh Army, Showkat Ali of Habiganj district in Sylhet division, Bangladesh was not fond of cricket.

time-read
2 mins  |
September 18, 2024
Rahul or Sarfaraz: Middle-order conundrum
The New Indian Express

Rahul or Sarfaraz: Middle-order conundrum

Captain Rohit hints at senior batter’s return in the first Test against Bangladesh starting in Chennai on Thursday

time-read
2 mins  |
September 18, 2024
The New Indian Express

Asiad medallist fails dope test, Bajrang's name goes missing

Hangzhou Asian Games bronze medallist Kiran Baliyan figures among some of the top athletes who have tested positive for banned substances and have been provisionally suspended. this has been updated on the website of the National Anti-Doping Agency provisional suspension list as on 11.09.2024.

time-read
2 mins  |
September 18, 2024
The New Indian Express

Olympiad: Indian men meet China; women face Georgia

ON a roll after six consecutive victories, the Indian men's and women's teams will take on China and Georgia respectively in the seventh round of the 45th Chess Olympiad here on Wednesday, aiming to consolidate their lead and inch closer to maiden gold medals at the prestigious event.

time-read
1 min  |
September 18, 2024
India win fifth ACT hockey title
The New Indian Express

India win fifth ACT hockey title

A DETERMINED india claimed their fifth hero Asian Champions trophy title with a fighting 1-0 victory over hosts China here on tuesday, completing a display of absolute dominance in the tournament in which they won all their matches. Defender Jugraj Singh scored a rare field goal as the defending champions toiled hard before getting the better of their opponents.

time-read
1 min  |
September 18, 2024
The New Indian Express

100 days of commerce min under Modi 3.0

KEY initiatives launched by commerce ministry over the past 100 days include launch of Trade Connect e-Platform, which connects over 600,000 Import Export Code (IEC) holders with experts, banks, and export promotion councils.

time-read
1 min  |
September 18, 2024
The New Indian Express

'Hindalco Ind ramping up copper output'

ADITYA Birla Group flagship company Hindalco Industries, India's largest copper producer, has said that it is ramping up capacities, building new capabilities and innovative products as copper becomes a critical manufacturing component in India's transition towards a developed economy and net zero emissions.

time-read
1 min  |
September 18, 2024
Lenovo launches Infra R&D Lab in Bengaluru
The New Indian Express

Lenovo launches Infra R&D Lab in Bengaluru

LENOVO on Tuesday launched a new infrastructure R&D lab in Bengaluru, which will be one of its four critical labs globally after Morrisville, Beijing, and Taipei.

time-read
1 min  |
September 18, 2024
The New Indian Express

'B'deshi crisis doesn't have much impact on India trade'

THE recent developments in Bangladesh that have led to the creation of new junta-led government haven't had any significant impact on India's trade so far and going forward, the effect will vary based on industry/ sector-specific nuances and exposure, according to India Inc.

time-read
1 min  |
September 18, 2024
The New Indian Express

Semicon mission launch in next six months: Minister

THE government will launch the next phase of India Semiconductor Mission in the next six months, said Electronics and Information Technology minister Ashwini Vaishnaw on Tuesday.

time-read
1 min  |
September 18, 2024