New Delhi: GST has marked a major shift in India’s indirect tax system by replacing fragmented central and state taxes with an integrated framework. It has helped create a common national market and support the vision of One Nation, One Tax. Since its implementation in 2017, GST has evolved through continuous reforms, digital systems and […]
Read More
New Delhi: As Chair of BRICS in 2026, India is spearheading a renewed agenda for MSME cooperation under the BRICS Partnership on the New Industrial Revolution (PartNIR). During India’s Chairship, the Ministry of MSME is mandated to convene three SME Working Group Meetings and the inaugural BRICS MSME Forum. The 1st MSME Working Group Meeting […]
Read More
New Delhi: The agriculture and allied activities sector have historically formed the backbone of the Indian economy, making substantial contributions to national income, employment generation, and rural livelihoods. With nearly 46.1 per cent of the population dependent on agriculture and allied activities for their sustenance, ensuring financial security and improved access to institutional credit for […]
Read More
New Delhi: Tourism is a key sector of the Indian economy with significant potential for employment generation, foreign exchange earnings, and balanced regional development. Owing to its strong multiplier effect and capacity to create livelihoods across hospitality, transport, handicrafts, and allied services, tourism has been identified as a strategic growth driver in the Union Budget […]
Read More
New Delhi: India’s statistical system is undergoing a comprehensive modernization to better capture the realities of a fast-changing economy. Over the decade since the last base year (2011-12), the country has seen significant structural shifts, the services sector has expanded rapidly, formalization has increased under the Goods and Services Tax (GST), and digital platforms have […]
Read More