Cooperative federalism demands give-and-take, and which is why it is important for the Central Govt to make efforts to consult the states.
FIEO said the new measures in form of incentives and refund of taxes will go a long way in enhancing the growth prospects.
This window will help in completion of affordable and middle income housing projects.
The minister also said there will be a fully automated electronic refund route for input tax credits (ITC) in GST.
The government has mandated the Reserve Bank of India to keep the retail inflation in the band of 2-6 per cent.
The foreign shareholding in the small finance bank would be as per the extant FDI policy for private sector banks.
India’s growth rate slipped to five per cent in the first quarter of 2019-20, the lowest in over six years.
he Ministry of Agriculture on Friday said rice sowing in the country had declined 7.66 per cent to 374 lakh hectares.
Export sectors that recorded positive growth in the last month include iron ore, electronic goods, spices, and marine products.
The argument propagated has been to boost the consumption and the domestic demand by reducing GST rates further.