Other Briefings
Modi Steps Up Efforts to Reduce Poverty, Stimulate Rural Development
In a major overhaul of its guaranteed employment scheme, India’s Ministry of Rural Development is pushing to make it mandatory for states to spend 60 percent or more of Mahatma Gandhi National Rural Employment Guarantee Act funds on the creation of agricultural infrastructure.
Reserve Bank of India to Offer Differentiated Banking Licenses
Last Saturday, Deputy Governor of the Reserve Bank of India R. Ghandi announced that the central bank would release guidelines for differentiated banking licenses.
Promising Road Ahead for Indian Auto Industry
An increase in the number of car sales in India has prompted car manufacturers to line up new launches and raised hopes of a long-awaited turnaround for the industry.
Countries Rush to Fast-Track FTAs with India after Elections
As pro-business leader Narendra Modi settles into office, the European Union, Israel, Canada and Peru, among others, are rushing to expedite free trade agreement negotiations with India’s new government.
Indian Wages Amongst Most Competitive in Manufacturing Asia
The development of an inexpensive and young labor pool in India will have profound implications for global manufacturing over the next two decades. Now is finally India’s chance to show that it too, like China, can be the workshop of the world and export “Made in India” labels around the globe.
Incredible India Campaign to be Launched in Chinese
India is preparing itself to increase trade and commercial engagement with China, especially in the services sector.
World Bank Extends Loans to India for Infrastructure and Education Development
The World Bank has announced that it will continue to provide concessional credit to India for infrastructure and education purposes as well as increasing the country’s single-borrower limit to US$20.5 billion.
New Indian Government Announces Economic Reforms to Induce Growth
Yesterday, India’s Minister of Finance, Arun Jaitley, announced the newly elected government’s general plans for addressing stagnant economic growth and mounting inflation.
