After presenting National Awards to MSMEs and banks in New Delhi, President Pranab Mukherjee said that institutional credit should be made available to micro, small and medium enterprises (MSMEs).
Given the state of the Indian economy, Finance Minister P. Chidambaram is most likely to unveil concrete measures to revive growth and ensure fiscal discipline in the union budget to be presented Feb 28, economists and analysts believe.
India's financial sector, including public-sector banks, were shut and transport affected in large parts of the country during the last day of a two-day nationwide strike called by trade unions Thursday to protest government's economic policies they say has led to inflation and job cuts.
India's fiscal deficit widened to Rs.4.07 lakh crore (around $76 billion) in the first three quarters of the current financial year, government data showed Thursday.
Pointing out the directional shift in India's trade, President Pranab Mukherjee Sunday said new Asian powers have emerged as India's major partners now.
Himachal Pradesh Tuesday got a national award for its achievement in increasing production and productivity of wheat.
As the 11th edition of the Pravasi Bharatiya Divas (PBD) came to a close here in Kochi, Minister for Overseas Indian Affairs Vayalar Ravi and Kerala Chief Minister Oommen Chandy had reasons to pat themselves on the back with hopes of increasing diaspora investments.
President Pranab Mukherjee Tuesday called for a second Green Revolution in agriculture that is more holistic and widespread.
Himachal Pradesh has won the PHD Chamber of Commerce and Industry's award for promoting industrial investments, a statement said in Shimla on Sunday, adding that the award would be presented to Chief Minister Prem Kumar Dhumal Dec 15.
Stressing the need for a re-think on agriculture, President Pranab Mukherjee Tuesday said that economic viability of the farm sector is still a challenge.