Latest News
-
Mandatory Testing for Indian Spices Destined for Singapore, Hong Kong After Ban -
TRAI Advocates for Enhanced Telecom Infrastructure Sharing Among Licensees -
LTIMindtree Reports Slight Q4 Profit Dip, Optimistic About Upcoming Growth -
Axis Bank Announces Q4 Net Profit at Rs 7,599 Crore Amid Deposit Accretion Worries -
hBits Expands to Pune with CyberCity Magarpatta Acquisition, Eyes Investment Opportunities -
India's First Green Hydrogen Pilot Project Goes Live at Nathpa Jhakri -
DCB Bank Q4 Results: PAT Grew 9% To Rs 156 Cr, NII Jumps 4.5%; Dividend Declared -
RBI Halts New Customer Onboarding at Kotak Mahindra Bank Over IT Compliance -
Macrotech Developers' Annual Profit Triples Despite Q4 Dip -
DoT Engages TRAI for Equitable Satcom Spectrum Allocation Guidelines
BJP Manifesto: A quick look at what it holds for the economy
Inflation
The BJP has said that it will control inflation through a series of measures including Special Courts to stop hoarding and black marketing, price stabilisation fund, unbundling real time data to farmers - on production, price, imports, stocks and overall availability, promote and support area specific crops and vegetables linked to food habits of the people.
Employment generation
The Manifesto promises labour intensive manufacturing and tourism, upgradation of infrastructure and housing for job generation. The BJP has also promised to transform employment exchanges into career centres.
Foreign Direct Investment
The BJP Manifesto has made it clear that it would encourage FDI, but not in multi-brand retail. This is largely to keep in mind employment generation.
Taxation
The manifesto has also promised a trusting and non adversarial and conducive tax environment. The party has also said that it would rationalise the tax structure and simplify the tax regime.
NPAs of the banking sector
The BJP manifesto has promised to reduce non performing assets (NPAs) in the banking sector and a regulatory framework for non banking financial companies.
Fiscal discipline
It has also promised fiscal discipline without compromising on funds available for development work. It plans to link MGNREGA to asset creation.
GST
The BJP Manifesto has said that it will bring on board all states to implement the Goods and Services Tax or GST.
Minimise black money
The BJP Manifesto is committed to initiate the process of tracking down and bringing back black money stashed in foreign banks and offshore accounts by setting up a Task Force and recommend amendments to existing laws or enact new laws.
GoodReturns.in
