The private sector is not only investing more to power GDP growth than the public sector, but is saving more as well. The government needs to take action before PSUs, the traditional economic mainstays, lose more momentum.
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April GST collection up 12.4% breaches ₹2 lakh cr mark for the first time
Central Goods and Services Tax (CGST) collection for the month stood at ₹43,846 crore, State Goods and Services Tax (SGST) collection stood at ₹53,538 crore
India wastes 15.3% soybean, 7.8% wheat as post harvest loss
Post harvest losses of crops and agri-allied produce in India resulted in a loss of $18.5 billion annually during 2020 to 2022, as per ICRIER report.
Govt slashes windfall tax on petroleum crude to ₹8,400 per metric tonne
Tax remains nil for diesel and aviation turbine fuel
Centre spends 85% of FY24 capex target at ₹8.05 lakh cr till Feb
The ministry of road transport and highways and railway ministry have done the bulk of the expenditure given the higher allocation made to them.
More FromMacro
April GST collection up 12.4% breaches ₹2 lakh cr mark for the first time
Central Goods and Services Tax (CGST) collection for the month stood at ₹43,846 crore, State Goods and Services Tax (SGST) collection stood at ₹53,538 crore
India wastes 15.3% soybean, 7.8% wheat as post harvest loss
Post harvest losses of crops and agri-allied produce in India resulted in a loss of $18.5 billion annually during 2020 to 2022, as per ICRIER report.
Govt slashes windfall tax on petroleum crude to ₹8,400 per metric tonne
Tax remains nil for diesel and aviation turbine fuel
Centre spends 85% of FY24 capex target at ₹8.05 lakh cr till Feb
The ministry of road transport and highways and railway ministry have done the bulk of the expenditure given the higher allocation made to them.
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