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In the election year, an outgoing government presents an interim budget or seeks a vote on account. The next government will be responsible for presenting the full budget. The vote on account cannot impact the tax regime. ....
Addressing the CII Global Economic Policy Forum 2023, NITI Aayog vice chairman Suman Bery said India being a labour-rich country with enough institutional maturity can get to 8% growth but the fact that the north of India has not been traditionally doing as well as the south of India can create tensions in a federal polity. ....
"(The) Q2 GDP numbers are a testament to how well the economy is doing," Puri said at the Confederation of Indian Industry (CII) Global Economic Policy Forum here. And that is a result of the spirit of enterprise, resilience of people, "enabled by a lot of very timely and purposeful policy interventions over several years", Sanjiv Puri said. While the government has handled inflation - which has been high due to global challenges - well, all sectors, particularly export-oriented ones, are not doing so well, Puri said. ....
Speaking at CII’s Global Economic Policy Forum, S. Krishnan, secretary, Meity, said that despite recognizing key challenges to be resolved in the evolution of AI in India, the Centre sees AI as a sector where the positives outweigh the negatives’ ....