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Showing posts with the label Union Budget 2022-23

Budget 2022-23 is gazing the economy India@100

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A Blueprint to steer the economy over The Amrit Kaal of the next 25 years!   “We are marking Azadi ka Amrit Mahotsav, and have entered into Amrit Kaal, the 25-year-long lead up to India @100 said the Union Finance and Corporate Affairs Minister Smt. Nirmala Sitharaman while presenting the Union Budget 2022-23 in the Parliament. The Minister stated that this Budget seeks to lay the foundation and give a Blueprint to steer the economy over the Amrit Kaal of the next 25 years, from India@75 to India@100.   Vision of Amrit Kaal:  The Minister said that the all-inclusive Welfare focus wherein complementing Macro Economic level growth focus with the Micro Economic level; promotion of digital economy and Fintech, technology enabled development, Energy Transition and Climate Action; and reliance on virtuous cycle from private investment with Public Capital Investment in order to crowd-in private investment are the areas in which we achieve our vision by attaining certain go...

Budget announces some much-needed reforms!

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On the way to attain global GJ Hub stature! To help gold jewellery exports   The Gem & Jewellery Export Promotion Council (GJEPC), congratulates the Government of India and the honourable Finance Minister Nirmala Sitharaman for presenting a strong pro-reform and export growth-oriented Union Budget under the visionary leadership of our honourable Prime Minister Narendra Modi.   The gem and jewellery (GJ) sector in India is overwhelmed by the Government support extended to the gem and jewellery industry in the Union Budget 2022-23. There is a swathe of favourable policy reforms announced that empowers the industry and puts it on a firm footing to capitalise on growth opportunities in the coming decade.   The Indian gem & jewellery sector is one of the leading contributors to the national economy and the country is the undisputed leader in diamond processing. GJEPC hopes to replicate this success in the jewellery vertical, too, and help India become the ‘Jewe...

No Customs duty to simply sawn diamond!

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Multimodal Logistics Parks at four locations   India’s economic growth in the current year is estimated to be 9.2 per cent, highest among all large economies. The overall, sharp rebound and recovery of the economy from the adverse effects of the pandemic is reflective of our country’s strong resilience. This was stated by Union Minister for Finance and Corporate Affairs Smt Nirmala Sitharaman while presenting the Union Budget in Parliament today.   The Finance Minister (FM) said, India is celebrating Azadi ka Amrit Mahotsav and it has entered into Amrit Kaal, the 25-year-long lead up to India@100, the government aims to attain the vision of Prime Minister outlined in his Independence Day address and they are:   Complementing the macro-economic level growth focus with a micro-economic level all-inclusive welfare focus, Promoting digital economy  & fintech, technology enabled development, energy transition, and climate action, and Relying on virtuous cycle st...