Reacting to the Economic Survey 2022-23 tabled in the Parliament today, Mr Sanjiv Bajaj, President, CII stated that the Survey offers a detailed, far-reaching, comprehensive and in-depth analysis of the Indian economy while presenting some interesting facts and figures and the most authoritative and updated sources of data. This would provide a rich repository of information and insights on the economy which would hopefully provide some idea on what the budgetary numbers could look like.
The Survey has eluded that the government is on track to achieve the fiscal deficit target for the year despite fiscal pressures, which is commendable. This would not only help maintain credibility and macroeconomic stability but would also create the space for increasing capex significantly, especially in the infrastructure sector, to drive the economic growth engine in the current year and beyond. “CII has been advocating that spending priorities should not come in the way of achieving the fiscal deficit targets for the year and has called for a roadmap for gradually reducing the fiscal deficit to achieve the goalpost of 4.5% by FY26.”
The Survey is spot on about the proactive government policies driving up the performance of the financial sector. According to the Survey, India is poised to emerge as one of the fastest-growing insurance markets in the coming decade, which is a significant achievement. Mr Bajaj complimented the Government for its sound management of the economy and for promoting growth with inclusion amidst challenging global developments.
- MCC celebrates ‘Swachh Kanjan’ pujan under Swachhotsav**Mayor honours 108 little girls as champions of Swacch Chandigarh* Chandigarh, March 29:- In a unique initiative, the Municipal Corporation Chandigarh organized a zero waste ‘Swachh Kanjak’ programme on the auspicious occasion of Ashtami during Navratri under the banner of Swachhotsav, honouring the little champions of Swacchta. During the programme at Community Centre, Sundar Nagar, […]
- Agriculture Minister Dhaliwal orders field officers to furnish assessment report of crop damage at the earliest– A separate number for complaints of artificial fertilizers and pesticides will be launched soon – Instructions to increase the cotton area, cotton seed will be available at 33 percent subsidy Chandigarh, March 29: Punjab Agriculture Minister Kuldeep Singh Dhaliwal has ordered all the field officers of the Agriculture Department to send the actual […]
- Every farmer will get proper compensation for crop damage caused by rain and hailstorm: Dr. Baljit KaurChandigarh/Malout, The Punjab Government is striving to end unemployment and is giving all possible assistance to the unemployed to stand on their own feet. It was said by Social Justice, Empowerment and Minorities, Social Security, Women and Child Development Minister Punjab Dr. Baljit Kaur, while inaugurating the Recognition of Prior Learning (RPL) Punjabi Shoe […]
- THE SEVEN DAY NSS CAMP ORGANISED IN PU COMES TO AN ENDChandigarh, Today was the last day of the seven day special NSS camp being organised in Panjab University, Chandigarh. In the place of chief guest, Professor Sanjay kaushik, Dean college development and council was present. In the place of Guest of honour, Professor Jitender Grover, DSW Panjab University and fellow […]
- Together with 10 SHGs MCC starts the Swachhata Yatra to other statesMayor flags off Yatra for Shimla Chandigarh, March 27:- To promote, encourage, and strengthen women’s involvement and leadership in Swachhata, a team of 10 women leaders of Self Help Groups has proceed to Shimla for their two days knowledge sharing programme. Sh. Anup Gupta, Mayor, Chandigarh today early morning flagged off the team Chandigarh to […]