In September , the government announced plans to release Rs. In May , the government approved the production linked incentive PLI scheme for manufacturing advanced chemistry cell ACC batteries at an estimated outlay of Rs.
To boost the overall audit quality, transparency and add value to businesses, in April , the RBI issued a notice on new norms to appoint statutory and central auditors for commercial banks, large urban co-operatives and large non-banks and housing finance firms.
In May , the Government of India has allocated Rs. In November , the Government of India announced Rs. Numerous foreign companies are setting up their facilities in India on account of various Government initiatives like Make in India and Digital India.
Besides, the Government has also come up with Digital India initiative, which focuses on three core components: creation of digital infrastructure, delivering services digitally and to increase the digital literacy. Also, in FY21, India recorded a current account surplus at 0.
This also provided an optimistic outlook to further revive industrial activities. India is focusing on renewable sources to generate energy. It is estimated to surpass USA to become the second largest economy in terms of purchasing power parity PPP by as per a report by PricewaterhouseCoopers. Note: Conversion rate used for September is Rs.
Please enable Javascript for full functionality. Home World India. Economy World Country India. Demographics World Country India. Politics India. Geography World India. Sports World India. Article World India. Top Statistics. International Inflation rate in India International Unemployment rate in India Aaron O'Neill. Research expert covering historical data.
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