FM Sitharaman highlights the press conference: The government says that the effect of reforms is visible
CEA Krishnamurthy Subramanian said reform measures include corporate tax cuts to improve the risk-return of companies
Finance Minister Nirmala Sitharaman.
Photo: PTI Chief Economic Advisor Krishnamurthy Subramanian on Friday presented the steps taken by the government in the last few months to pull the economy out of a six-year low.
Subramanian said that the government is focusing on increasing consumption to promote economic growth and those measures include corporate tax cuts to improve the risk-return of companies.
India's economy grew at the slowest pace in six years in the September quarter, due to weak manufacturing, consumer demand and private investment, and declining exports due to the global recession. The government first announced infrastructure projects in December as part of a plan to invest 100 trillion ($ 1.39 trillion) in the region. Later, it approved sale of stake in three other companies as well as privatization of state-owned oil major BPCL and Shipping Corporation of India
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CEA Krishnamurthy Subramanian said reform measures include corporate tax cuts to improve the risk-return of companies
Finance Minister Nirmala Sitharaman.
Photo: PTI Chief Economic Advisor Krishnamurthy Subramanian on Friday presented the steps taken by the government in the last few months to pull the economy out of a six-year low.
Subramanian said that the government is focusing on increasing consumption to promote economic growth and those measures include corporate tax cuts to improve the risk-return of companies.
India's economy grew at the slowest pace in six years in the September quarter, due to weak manufacturing, consumer demand and private investment, and declining exports due to the global recession. The government first announced infrastructure projects in December as part of a plan to invest 100 trillion ($ 1.39 trillion) in the region. Later, it approved sale of stake in three other companies as well as privatization of state-owned oil major BPCL and Shipping Corporation of India
Nifty Option Trading Tips Provider
More Information
Only SMS On : 7874422222
Email : atgnse@gmail.com
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