Latest India GDP News & Updates

New Delhi, May 14 (IANS) The government has accelerated formalisation of unregistered enterprises through the Udyam and Udyam Assist platforms, bringing over 7.9 crore MSMEs and informal micro enterprises into the formal economy, an official statement said on Thursday.Targeted policy measures are improving access to credit, strengthening legal safeguards and enhancing ease of doing business, while digital platforms such as GeM, TReDS and SAMADHAAN are enabling better market access and faster pay…

New Delhi, May 1 (IANS) The gross Goods and Services Tax (GST) collection surged 8.7 per cent (year-on-year) to a record Rs 2,42,702 crore in the month of April despite geo-political uncertainties, latest official data showed on Friday.Net GST revenue for last month stood at Rs 2,10,909 crore, registering a 7.3 per cent annual growth (after accounting for refunds).Total refunds jumped 19.3 per cent (on-year) to Rs 31,793 crore, leading to a net GST revenue of Rs 2,10,909 crore for the month.The …