Articles by Arnab Mitra

/Tag: Articles by Arnab Mitra

‘Game changing’ Budget proposal on railways to help cut logistics costs by half

2021-02-10T11:01:19+00:00February 10th, 2021|Analysis - India Global Business, India Inc Views - India Global Business|

Higher allocations for the Indian Railways and the proposal for greater involvement of the private sector, including by asset monetisation, could change the face of the transportation sector in India, reduce the cost of doing business and, thus, improve the competitiveness of Indian products in the domestic and global markets.

Investors cheer Modi push for reforms to propel growth

2021-02-04T09:56:56+00:00February 4th, 2021|Analysis - India Global Business, India Inc Views - India Global Business|

For the first time since 1991, analysts are praising the intent of the Budget rather than its fine print. By clearly outlining a reforms roadmap and eschewing populist measures, the Modi government may have set the stage for double-digit growth in the next 3-4 years. That is why the bulls are running riot over the Indian stock markets.

Universal tap water scheme a massive stimulus for the Indian economy

2021-02-04T09:28:11+00:00February 3rd, 2021|Analysis - India Global Business, India Inc Views - India Global Business|

The $40 billion allocated for providing water connections across the country will not only better health and hygiene standards and improve the ease of living for citizens, but it will also create huge demand for products such as steel, cement, sanitaryware and labour and help generate millions of jobs and provide a further fillip to India’s fast recovering growth engine.

Indian military gets booster dose, to build muscle, in the budget

2021-02-04T09:27:10+00:00February 2nd, 2021|Analysis - India Global Business, India Inc Views - India Global Business|

Don’t look at the headline defence allocation numbers. The most important segment of the defence budget, the outlay for capital expenditure, has been increased 18.7 per cent to enable the armed forces acquire the latest weaponry it needs to tackle a possible two-front threat against China and Pakistan.

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

2021-02-04T13:01:45+00:00February 1st, 2021|The Big Story - India Global Business|

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.

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

2021-01-26T17:02:09+00:00January 26th, 2021|Guest Columns - India Global Business, Insight - India Global Business|

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.