Care Ratings stated in a report, The country's gross domestic product (GDP) growth is likely to be 8.8 to 9 per cent in the current financial year, driven by agriculture and industry sectors.
The Government has undertaken a Special Drive for identification and striking off Shell Companies during the last three years, the Minister stated. In Total around 238223 companies have been struck off from the year 2018-2021
The Ministry of Science & Technology will set up a first-of-its-kind Centre of Excellence in the Northeast at Kimin in Papum Pare district of Arunachal Pradesh.
The International Monetary Fund (IMF) has sharply scaled down India's economic growth projection by 300 basis points to 9.5 per cent for the current financial year from 12.5 per cent estimated earlier in April.