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Niti Aayog VC calls for extraordinary steps to tackle economic slowdown

The Niti Aayog Vice Chairman Rajiv Kumar had shown his concern about the high stress in the financial sector which has resulted in an economic slowdown. In his own words, Rajiv Kumar said, "You may have to take steps which are extraordinary. It takes lot of courage to break the inertia. Now we are in a system where we are encouraged to take steps. The second point is that I think the government must do whatever it can to take away some of the apprehension of the private sector." Src: https://bit.ly/2NC9Fxp

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Kashmir, a matter of India’s sovereignty: France President

India is continuously receiving support from the international community on J&K matter. Recently the France President Mr Emmanuel Macron categorically stated that there should not be any “third-party interference” in the issue and solutions to the tussle with Pakistan must be resolved only bilaterally. He even further stated that I will talk to Pakistan Prime Minister Imran Khan too and pass on the same message that talks on Kashmir should be held at a bilateral level only. Src: https://bit.ly/2TYiOkE

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Govt might consider exempting foreign investors from super-rich tax

Recently the media reports informed that the Government might withdraw the higher tax surcharge on foreign portfolio investors (FPIs). Indian markets are currently down round about 10% from their June highs after Finance Minister Nirmala Sitharaman announced higher surcharge on FPIs. But currently, the media reports have claimed of series of meetings between FM Nirmala Sitharaman and FPIs that had raised hopes of stimulus measures. Src: https://bit.ly/2P8QEF3

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Remove obstacles for entrepreneurs to create jobs: Narayana Murthy

IT czar and Infosys co-founder NR Narayana Murthy has said the govt must become citizen-friendly and remove an obstacle for entrepreneurs so that a large number of jobs can be created across the country. Murthy said, "For the first time in 300 years, we have an economic environment that engenders confidence that we can indeed overcome poverty and create a better future for every Indian. If we try hard, we can wipe the tears off the eyes of the poorest of the poor child, as Mahatma Gandhi wanted". He added, "We have to put the interest of our nation ahead of our interests, avoiding our egos and biases. Patriotism also means working with a zeal for the betterment of the society". Src: https://bit.ly/2ZoF7kG

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