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Budget shift to asset monetisation for revenues, rather than raising taxes, gets industry thumbs-up

Updated Feb 01, 2021 | 20:36 IST
An aggressive disinvestment plan and the monetisation of land and other governmental assets, if effectively executed, will greatly help balance the fiscal equation
Budget shift to asset monetisation for revenues, rather than raising taxes, gets industry thumbs-up
Mumbai: Reliance on divestments and asset monetisation for resource mobilisation in the Budget was welcomed by industry players on Monday, calling it as the biggest takeaway from the Budget document. Increasing taxes, the traditionally preferred option for revenues, may have been inappropriate given the impact of the coronavirus pandemic, they said.
In the Budget, Finance Minister Nirmala Sitharaman pegged the divestment target at Rs 1.75 lakh crore. She assured that pending stake sales in companies like Air India and LIC of India will be carried out during the next fiscal and also promised to unlock value by monetising assets like highways and ....

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One-third of CMOs expect V-shaped recovery of their industries, says report

One-third of CMOs expect V-shaped recovery of their industries, says report
About 23 per cent of them expect the economy to likely rebound in two years, said the report by Octane Research conducted with over 250 leading CMOs and leaders from the Indian industry
PTI | December 26, 2020 | Updated 09:47 IST
According to it, only 15 per cent of India s CMOS expect their industry to have a delay in rebound with a W-shaped recovery
Around one-third of Indian chief marketing officers (CMOs) participated in a survey said they are hopeful of V-shaped recovery of their industries on the back of performance of the agriculture sector and increasing demand of the FMCG products, according to a report. About 23 per cent of them expect the economy to likely rebound in two years, said the report by Octane Research conducted with over 250 leading CMOs and leaders from the Indian industry. ....

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One-third of Indian CMOs expect V-shaped recovery of their industries: Report

One-third of Indian CMOs expect V-shaped recovery of their industries: Report
The optimistic hiring outlook for MBAs and other Master’s-level business graduates comes as fewer companies are focused on overcoming economic challenges. Photo: Hemant Mishra/Mint
1 min read
. Updated: 26 Dec 2020, 09:17 AM IST PTI
The report also highlights that Indian CMOs responded to the challenge of the lockdown by steering their mindset and strategy to a Digital First approach
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Around one-third of Indian chief marketing officers (CMOs) participated in a survey said they are hopeful of V-shaped recovery of their industries on the back of performance of the agriculture sector and increasing demand of the FMCG products, according to a report. ....

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