Raipur, April 15 (IANS) The Chhattisgarh Cabinet, led by Chief Minister Vishnu Deo Sai, on Wednesday approved a series of major decisions spanning legal reforms, welfare initiatives, industrial policy and mining regulation.At the forefront of the decisions was the approval to constitute a committee to draft a Uniform Civil Code (UCC) for the state. The panel will be headed by retired Supreme Court judge Ranjana Prakash Desai, with the Chief Minister authorised to nominate its members.According t…
Latest Industrial policy News & Updates
New Delhi, April 11 (IANS) India remains among the fastest-growing major economies in the world despite the global slowdown – likely to clock 6.6 per cent in FY27 — as higher energy prices caused by the Middle East conflict and supply chain disruptions weigh on economic activity.According to the latest World Bank’s latest economic update, despite significant downside risks stemming from the conflict, the economy’s strong macroeconomic fundamentals and policy buffers offer some insulation….
Washington, April 8 (IANS) India’s economy is projected to grow 7.6 per cent in FY2025/26 before moderating to 6.6 per cent the following year, anchoring South Asia even as regional growth slows to 6.3 per cent in 2026, the World Bank said on Wednesday. The latest South Asia Economic Update said India remains the primary engine of regional expansion, with its growth underpinned by strong domestic demand, trade reforms, and new agreements, including a free trade pact with the European Union….
Washington, April 8 (IANS) The World Bank on Wednesday said India is expected to clock a 7.6 per cent GDP growth in the financial year 2025-26, while it has raised the country’s growth forecast for 2026-27 to 6.6 per cent from 6.3 per cent earlier.The World Bank Group, in its twice-a-year regional outlook report, stated that “the growth outlook is driven primarily by India’s performance, underpinned by robust domestic demand as well as tariff cuts and recent trade agreements, including the f…
Kolkata, April 4 (IANS) The CPI(M)-led Left Front in West Bengal on Saturday released its manifesto for the forthcoming assembly elections, with a focus on industrial development and employment generation. In the manifesto, the Left Front promised to generate employment in the public sector by filling all vacant state government posts, and in the private sector by attracting big-ticket investments through changes to the state’s industrial policy.The manifesto, released by veteran CPI(M) …
Chandigarh, March 7 (IANS) Punjab Chief Minister Bhagwant Mann on Saturday laid the foundation stone for a Rs 137-crore rural link road project in the border constituency of Khemkaran and said the AAP government was focusing on strengthening infrastructure, employment opportunities, and improved public services in border regions. He also highlighted progress in canal irrigation, employment generation, and education reforms. Addressing a gathering after laying the foundation stone, CM Mann…
Mumbai, Feb 24 (IANS) Uddhav Thackeray-led Shiv Sena (UBT) group leader Bhaskar Jadhav on Tuesday took the state government to task in the Legislative Assembly over rising unemployment, unfulfilled promises, and an industrial policy limited only to paper agreements. Participating in a debate on the Governor’s address, Jadhav stated that official government data reveals a seven-fold increase in unemployment within the state.While citing government data, Jadhav said the general unemployment …
Washington, Feb 19 (IANS) The International Monetary Fund has urged China to take stronger steps to revive domestic demand and reduce economic imbalances, warning that weak consumption and deflation could slow growth and affect the global economy. The IMF Executive Board, which concluded its 2025 Article IV consultation with China on February 13 (local time), said the economy “has remained remarkably resilient despite facing multiple shocks in recent years.”China’s economy grew 5 per cent …
New Delhi, Feb 17 (IANS) The Beijing Stock Exchange (BSE) reveals a deeper feature of China’s political economy, where capital markets function less as liquidity-driven than as policy instruments that prioritise strategic industrial objectives, according to a new report.China’s stock exchange illustrates how China deploys capital markets as instruments of industrial policy while accepting limited market liquidity, said the report in East Asia Forum.“Designed to fund ‘little giant’ firm…
Washington, Feb 12 (IANS) US President Donald Trump and industry leaders described coal as a strategic source of rare earth elements and critical minerals, expanding its role beyond traditional power generation. At the White House “Champion of Coal” event on Wednesday (local time), Jim Grech, CEO of Peabody Energy, said the industry was working closely with the administration on new opportunities.“We are working with your administration on the potential to build new coal-fueled power plant…