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The economy is expected to recover sharply from manufacturing, services, GST, card payments, CVs, jewellery, electronics and sales of retail products.
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Though use of cash has increased since demonetisation, cleanliness in transaction and a rise in revenues for the govt have been two clear benefits.
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In July the retail inflation showed some signs of moderation. However, the wholesale price inflation continued to remain in double digits.
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Petrol, diesel prices today: In Delhi, petrol is available for Rs 103.97 a litre while diesel is available for Rs 86.67 a litre.
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Banknotes in circulation in value terms soared to Rs 29.17 lakh crore on October 29, 2021, from Rs 17.74 lakh crore on November 4, 2016.
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After adding central excise, dealer commission, and value-added tax (VAT) to base oil prices, the retail price of petrol and diesel is determined
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Petrol, diesel prices today: In Delhi, petrol is available for Rs 103.97 a litre while diesel is available for Rs 86.67 a litre.
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Many Corporate houses are running skill development programmes under their CSR initiative
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A permanent solution to the runaway prices is possible only if petrol and diesel are brought under GST.
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The Government is likely to bear a burden of Rs 60,000 crore due to the excise duty cut on petrol, diesel