News Analysis – Ecostar Business

V-Guard’s Insight-G : Premium, Slim BLDC Fans

adminOctober 5, 2023791 Views0

Insight G offers cutting-edge technology coupled with brilliant aesthetics to adorn the living spaces of Indian homes. The company will introduce smart variants to cater to the diverse requirements of the next-gen consumers, says Mr Ramachandran V, Director and COO of V-Guard Industries. V-Guard is one of India’s leading electrical, electronics and home appliances majors. The company has unveiled its premium BLDC high-speed fan, Insight-G. The Insight-G BLDC fan is a delectable fusion of aesthetics and efficiency. The slim marvel is available in 12 colours, including an appealing wood finish, which compliments the interior décor as per the discerning taste of the consumers. The company offers a five-year warranty and a five-star rating. The fan consum...

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Development mission for women and children

adminFebruary 2, 20221677 Views0

The Central government has significantly increased its share to achieve Mission Poshan 2.0, Mission Shakti and Mission Vatsalya. Women and children constitute 67.7 per cent of India’s population. Their safety and secured living environment are crucial for the sustainable and equitable development of the country and for achieving transformational economic and social changes. The government ensures well-nourished and happy children as well as confident, self-reliant women by providing them with an environment that is accessible, affordable, reliable, free from all forms of discrimination and violence. The prime objective of the ministry is to address gaps in State action for women and children and promote inter-ministerial and inter-sectoral convergence to create gender equitable and chi...

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Finance Bill 2022-23

adminFebruary 1, 20222274 Views0

Finance Bill 2022-23, which highlights the nuances of taxes and fiscal matters approved by the Parliament according to the government proposal immediately after the budget presentation. Only after the approval from the members of the parliament, the budget proposals can be implemented. The documents contain provisions about cess and tax additions and exemptions under income tax, customs and excise . Finance-bill-2022-23Download ...

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The Economic Survey 2022

adminJanuary 31, 20221726 Views0

Rising exports, the overall recovery trend across all sectors of the economy and the fiscal space for spending more on infrastructure can make the economy run faster. This is the second straight year the entire world has been passing through a pandemic. India’s position has been better than many large economies. With considerable difficulties and with timely policy support, the government could stabilize the economy. Though growth in the current financial year at an impressive rate may be because of the low base after the contraction last year, the overall performance has given fresh hope and sigh of relief to many industries. The Indian economy has reached the pre-pandemic level, the Economic Survey 2021-22 tabled in the Parliament points out. The advance estimates suggest t...

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Central govt wants Venture capital to tap Startups in small towns

adminJanuary 15, 20221337 Views0

While chairing the 4th Roundtable with Global Venture Capital Funds, organised by the Department for Promotion of Industry and Internal Trade (DPIIT), Piyush Goyal, Union Minister of Commerce and Industry, invited the VCs to explore new sectors for investing in ventures at Tier 2 and 3 cities. The government has already taken several steps to support the Startups. India is home to over 61,000 recognised Startups across 55 industries, with 45 per cent of them emerging from Tier 2 and 3 cities. Around 45% of them have at least one woman director, a testimony of diversity, spread and inclusivity of the Indian Startup ecosystem. The government has undertaken 49 regulatory reforms to enhance Ease Of Doing Business, Ease Of Raising Capital and Reduce the Compliance Burden. Over 75 V...

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Vinisha’s solar-powered ironing cart

adminJanuary 14, 20221165 Views0

Vinisha Umashankar, a student innovator turned environmentalist from Tiruvannamalai district of Tamil Nadu, has been selected as a "change-maker" and Baton-bearer for the ongoing 16th official Queen’s Baton Relay in India. The young innovator and fledgling environmentalist Ms Vinisha has been an inspiration for many. The 16th official Queen’s Baton Relay started at the Buckingham Palace in London on 7th October 2021 and is scheduled to conclude on 28th July 2022 at the Opening Ceremony of the Birmingham 2022 Commonwealth Games after travelling 72 nations and territories of the Commonwealth for 294 days. With the arrival of the Baton in India, the 27th nation in the route, the Queen's Baton Relay will continue in India from 12th to 15th January 2022. Ms Vinisha Umashankar recei...

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One Nation One Ration card

Ecostar Editor MagJuly 6, 20211460 Views0

Successful citizen-centric reform According to the latest report, seventeen States have successfully operationalised the One Nation One Ration Card (ONORC) system. States migrated to the One Nation One Ration Card system are eligible for additional borrowing of 0.25 per cent of Gross State Domestic Product (GSDP). Accordingly, the Central government granted these States additional borrowing permission of ₹37,600 crores by the Department of Expenditure, Ministry of Finance. The system is an important citizencentric reform. Its implementation ensures the availability of ration to beneficiaries under the National Food Security Act (NFSA) and other welfare schemes, especially the migrant workers and their families at any fair price shop (FPS) across the country. The reform especially em...

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Women need job protection Schemes that save them

Ecostar Editor MagJuly 6, 20211492 Views0

There are several initiatives and protective provisionsto improve women's participation in the labour force.Now women get paid maternity leave of 26 weeksinstead of earlier 12 weeks. he Periodic Labour Force Survey T(PLFS) conducted during 2017-18 and 2018-19 NSO showed Female Unemployment Rate (UR) on usual status for 15 years and above was 5.6% and 5.1% respectively. According to Payroll Reporting in India: An Employment Perspective – December 2020, released by the Ministry of Statistics and Programme Implementation during April 2020 – December 2020, there was an addition of nearly a million female subscribers under the Employees' Provident Fund (EPF) Scheme, 1.13 lakh female subscribers under the New Pension Scheme (NPS) and around 2.03 lakh female subscribers under Employees' St...

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Investment in infra sectors

Ecostar Editor MagJuly 6, 20211652 Views0

Fuel for economic growth Through various amendments, the government is trying toopen up more sources of investments in the infrastructuresector, besides equity infusion in the NIIF infrastructuredebt financing platform. Over a period, these investmentswill collectively reflect economic development. urag Singh Thakur, Union Minister of State for AFinance and Corporate Affairs has said recently in theparliament that the government has been contemplating infusing more investments prioritising growth of infraand health sectors to streamline the economy. For this, he saysthe government has taken various steps. For enabling debt financing of Infrastructure Investment Trust (InvITs) and Real Estate Investment Trusts (REITs) by Foreign Portfolio Investors included in the Finance bill 202...

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Vivad se Vishwas

Ecostar Editor MagJuly 6, 20211824 Views0

Cleaning off disputes for a bumper The scheme after extension by four times mopped up a sum of ₹98,328 crores from 1,28,733 declarants. While the collectionconstituted a substantial portion of the disputed sum, the numberof declarants is not proportionate to the amount resolved. Vivad se Vishwas was an amnesty Vscheme announced in the budget 2020 for an amicable resolution of a large number of pending tax disputes between taxpayers and the Income Tax department. The deadline for the scheme was extended four times. The scheme offered a complete waiver on interest and penalty to the taxpayers with a full and final settlement of the dispute. After four rounds of extension, as of 1st March 2021, the scheme led to the resolution of a sum of ₹ 98,328 crores out of 1,28,733 declarations...