GOVT BANKS ON INDIA'S REFORMS, INFRA GROWTH, DPI TO GET TO 3RD LARGEST GDP GLOBALLY OF $5 TRN
The Business Guardian|January 31, 2024
The PM Jan Dhan Yojana has increased the proportion of women having a bank account that they themselves use, from 53 per cent in 2015-16 to 78.6 per cent in 2019-21
NIVEDITA MUKERJEE
GOVT BANKS ON INDIA'S REFORMS, INFRA GROWTH, DPI TO GET TO 3RD LARGEST GDP GLOBALLY OF $5 TRN

Even as India country prepares for the Interim Budget 2024 ahead of the general elections in April/May amidst increasing international economic interest and scrutiny, India looks set to sustain a resilient growth trajectory in the next three years, defying the Covid induced contraction in FY21 to record two years of above-7 per cent growth and leveraging the journey of reforms to stay on the course of becoming the third-largest economy in the world, with a GDP of USD 5 trillion by 2027, says the Finance Ministry.

The Government has, however, set a higher goal of becoming a ‘developed country’ by 2047 and this goal looks achievable given a robust backdrop a growth of 7.6 per cent in real terms in the first half of the current financial year -- compared to the first half of FY23 – and with the financial year FY24 marking the third successive year of 7 per cent plus strong growth of the Indian economy even as the global economy struggles to grow at more than 3 per cent. The view is reinforced by the National Statistical Office’s First

Advance Estimates, pegging India’s real GDP to grow at 7.3 per cent in FY24, higher than the forecast made by various national and international agencies, observes a review by the Finance Ministry, of the state of the Indian economy and its journey in the last 10 years.

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LG direct for immediate appointment of 2,346 Home Guards
The Business Guardian

LG direct for immediate appointment of 2,346 Home Guards

Delhi Lieutenant Governor, Vinai Kumar Saxena has directed for the immediate appointment of 2,346 Home Guards, who have qualified for their Physical Measurement and Efficiency Test (PMET) and written test, even as other vacancies amounting to 7,939 await outcome of two pending court cases, said an official statement from Lieutenant Governor office on Tuesday.

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November 13, 2024
'Discoms colluding with AAP for windfall gains'
The Business Guardian

'Discoms colluding with AAP for windfall gains'

The Delhi BJP on Tuesday submitted a memorandum to Lieutenant Governor VK Saxena, calling for an investigation into alleged financial irregularities in the power distribution companies, or discoms.

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1 min  |
November 13, 2024
Delhi faces unusually high temperatures in Nov
The Business Guardian

Delhi faces unusually high temperatures in Nov

This year, however, daytime temperatures have not fallen below 30 degrees Celsius, with the lowest recorded so far at 31 degrees Celsius.

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1 min  |
November 13, 2024
SUPREME COURT DIRECTED PUNJAB GOVT, SEC TO NOTIFY MUNICIPALITY ELECTIONS IN 2 WEEKS; TO BE COMPLETED IN 8 WEEKS THEREAFTER
The Business Guardian

SUPREME COURT DIRECTED PUNJAB GOVT, SEC TO NOTIFY MUNICIPALITY ELECTIONS IN 2 WEEKS; TO BE COMPLETED IN 8 WEEKS THEREAFTER

The Supreme Court in the case The State of Punjab and Ors. Versus Beant Kumar And Anr modified the Punjab and Haryana High Court order which directed that Punjab municipality elections be notified within 15 days.

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2 mins  |
November 13, 2024
HC pulls up Delhi Govt Finance Dept for delayed funds to Asha Kiran
The Business Guardian

HC pulls up Delhi Govt Finance Dept for delayed funds to Asha Kiran

During the hearing, the bench expressed strong disapproval, stating, \"The urgency is not impressed upon you... 14 people have died... You should have called the MCD official and asked him the queries.\"

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2 mins  |
November 13, 2024
Govt. distributes heaters to curb winter pollution and help night workers
The Business Guardian

Govt. distributes heaters to curb winter pollution and help night workers

The Aam Aadmi Party (AAP) government has launched a campaign to distribute electric heaters to night security guards in an effort to reduce air pollution in Delhi.

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1 min  |
November 13, 2024
The Business Guardian

OVER 2.7 LAKH VEHICLES FINED FOR LACK OF PUC SINCE JAN 1

Delhi Traffic Police has issued over 2.70 lakh challans to vehicle owners for driving without a pollution under control (PUC) certificate between January 1 and October 31 this year, the highest in three years, official data showed.

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1 min  |
November 13, 2024
AAP TO CONDUCT SURVEY FOR ALL SEATS
The Business Guardian

AAP TO CONDUCT SURVEY FOR ALL SEATS

Ahead of the polls, Kejriwal and other senior AAP leaders are holding gatherings at the district level to prepare the party workers for campaigning. No matter who contests on AAP ticket, the party workers should think as though the former chief minister was fighting on all the 70 seats and should have their allegiance to him only, Kejriwal has said.

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1 min  |
November 13, 2024
The Business Guardian

MCD fines Rs 2.69 cr for violations of dust pollution norms

The Municipal Corporation of Delhi (MCD) has issued fines amounting to Rs 2.69 crore for violation of dust control norms during construction and demolition (C&D) activities between April and October this year, according to official data.

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1 min  |
November 13, 2024
Supreme Court Dismissed Man's Petition To Deactivate 'Machine' Controlling His Brain: 'Bizarre'
The Business Guardian

Supreme Court Dismissed Man's Petition To Deactivate 'Machine' Controlling His Brain: 'Bizarre'

The Supreme Court in the case observed and has dismissed a petition filed by a man who alleged that his brain was being controlled by other persons through a machine.

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1 min  |
November 13, 2024