Arnab Mitra - India Inc Group

Arnab Mitra is a senior journalist based in Delhi. He writes on business and politics.

Sitharaman bets on growth to overcome Covid crunch in Union Budget 2021-22

Sitharaman bets on growth to overcome Covid crunch in Union Budget 2021-22

The Indian Finance Minister has balanced the need for fiscal prudence with the imperatives of pushing consumption and demand with a renewed focus on spending big on infrastructure and healthcare – without unduly burdening the economy with new taxes.

Budget 2021-22: Good news for financial services sector

Budget 2021-22: Good news for financial services sector

Disinvestment targets seem to be more realistic while a certain amount of scrutiny needs to be paid to inflation and the only way out is speedy growth for the country.

After the Budget, FM should focus ironing out the wrinkles in GST

After the Budget, FM should focus ironing out the wrinkles in GST

India’s goods and service tax has too many rates and too many exemptions. As a result, it has not been able to live up fully to its promise. With revenues showing a buoyancy over the past few months, this may be the right time to roll out an improved GST 2.0.

Indian techies spoilt for choice when it comes to jobs this year

Indian techies spoilt for choice when it comes to jobs this year

Three out of four technology companies in India plan to step up hiring this year. This spells good news for an economy that is ravaged by the Covid-19 pandemic.

Acquisition of 83 Tejas fighters a game changer for Indian defence sector

At a little more than $40 million apiece, the Tejas Mark 1A is among the most cost effective fighter jets in the world and is considered far superior to its Chinese counterpart. And the involvement of 563 private companies in the project is seeding private sector arms manufacturing in India.

India to spend big on infrastructure to push growth

Many economists and analysts expect the Indian Finance Minister to unveil a massive spending programme to boost the core sector. But finding the money to finance such a large outlay will prove to be a challenge.

PLI scheme can make India laptop, tablet hub

The recently launched production-linked incentive scheme for smartphone makers has already started paying rich dividends. Extending this to laptops, tablets could open up a $100-billion opportunity for India, reduce the trade gap with China and generate employment for millions.

$100-bn smartphone export scheme is a new Make in India template

The Modi government’s production-linked incentive scheme for smartphones has received an overwhelming response from global sector leaders like Apple and Samsung. If it is successful, it can become the benchmark for 12 others sectors in which India has ambitions of emerging as the world’s preferred manufacturing destination.

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