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As on May 21, 2019 12:00 AM Your results on : Economy News    
New Government Should Free Up Agriculture Sector: Surjit Bhalla
21-May-2019 (12:36)
The agenda for the new government should include elimination of government intervention in agriculture sector, reforming labour laws and lowering the cost of capital through reduction in interest rate and corporate tax according to Economist and author Dr Surjit Bhalla. Speaking at FICCI National Executive Committee Meeting, Dr Bhalla said that the first thing the new government should do is free up agriculture sector as every developing country in the world has first reformed its agriculture sector. We have got too much intervention by the government in agriculture, he said. While advocating elimination of MSP and PDS, he recommended expanding the income support system to the farmers. Dr Bhalla further suggested major cut in corporate tax by about 500 basis points across the board reducing the cost of capital which is one of the highest in the world. Mr Sandip Somany, President, FICCI said that the priority of the new government should be to bring back the economy on the high growth trajectory. The next government will have to plan for a robust reforms agenda that would not only boost consumer sentiment but will also create conditions for higher private sector investments and exports.

Fiscal Reforms To Be An Important Ingredient Of New Government
20-May-2019 (14:27)
Water Storage Level Of Major Reservoirs Slips To 22%
17-May-2019 (16:03)
India's Merchandise Exports Grow By 0.64% In April
16-May-2019 (13:53)
Vegetable Oil Imports Slide Around 11% In April
15-May-2019 (17:51)
SBI Composite Leading Indicator Signals Contraction In GVA For Q4FY19 Towards 6%
15-May-2019 (15:39)
Monsoon To Hit Kerala With Slight Delay Says IMD
15-May-2019 (12:39)
WPI and CPI Inflation eases to 3.1% in April 2019
14-May-2019 (15:52)
GOI Announces Sale Of Five Dated Securities For Rs 17000 Crore
14-May-2019 (12:44)
Positive sentiments continue for manufacturing in Q4FY2019: FICCI Survey
14-May-2019 (10:34)
CPI inflation rises marginally to 2.92% in April 2019
14-May-2019 (09:57)
FICCI Urges Govt To Use Mini-Ministerial Platform To Create Support For Revitalising WTO
13-May-2019 (13:20)
India Needs To Actively Encourage FDI In Petrochemical Sector Rather Than FTAs
13-May-2019 (12:34)
India's industrial production declines 0.1% in March 2019
10-May-2019 (20:32)
FAO food price index rises to a 10-month high in April 2019
10-May-2019 (14:57)
Number Of Smartphone Users In India Likely To Double To 859 Million By 2022
10-May-2019 (13:07)
Water storage level of 91 major reservoirs declines to 38.734 bcm as on 09 May
09-May-2019 (18:49)
FADA Says Vehicle Inventory With Dealers Continues To Remain High
09-May-2019 (14:43)
Flow Of Trade Credit Influenced By Both Demand And Supply Side Factors
09-May-2019 (14:33)
RBI warns Finance Commission of more fiscal slippages by states
09-May-2019 (10:27)
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