Latest GVA News & Updates

New Delhi, April 21 (IANS) The Production Linked Incentive Scheme for Food Processing Industry (PLISFPI) has driven capacity expansion in food processing, job creation, and export growth, with beneficiaries receiving a total incentive of Rs 2,162.55 crore, the government said on Tuesday.Food processing and preservation capacity has grown by 34 lakh MT per annum, the official statement said, highlighting the scheme’s impact.A total of 165 applications have been approved, corresponding to 274 pr…

New Delhi, Feb 27 (IANS) BofA Global Research on Friday retained its FY26 GDP growth for India at 7.6 per cent, along with raising its FY27 GDP growth from 6.8 per cent to 7.4 per cent, reflecting a less adverse trade backdrop, and reasonably easy fiscal and monetary policy.This increase essentially represents lowering of risks to growth and resiliency to both private consumption and private investment. “While commodity prices are inching higher, even at current levels, we see room for monetar…