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Last updated: 23 Feb, 2017  
 In Depth

Social Progress Index can complement GDP
Amit Kapoor | 27 Feb, 2017
GDP is easily the most controversial measure in the field of economics. It is a measure of economic production that should have lost its relevance in a world disgusted by environmental degradation and social injustice.
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Govt e-Marketplace - Procurement made smart
Binoy Kumar & S. Radha Chauhan | 21 Feb, 2017
Government e-Marketplace is a very bold step of the Government with the aim to transform the way in which procurement of goods and services is done by the Government Ministries and Departments, Public Sector Undertakings and other apex autonomous bodies of the Central Government.
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Capital expenditure alone can't support Indian growth story
Amit Kapoor & Chirag Yadav | 14 Feb, 2017
Unlike in most countries of the world, the Budget unusually holds widespread public interest in India. However, the Budget due on February 1 has an exceptionally heightened sense of anticipation -- for a variety of reasons.
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Budget aimed at fulfilling heightened expectations post-demonetisation
Amit Kapoor & Chirag Yadav | 06 Feb, 2017
All in all, the Budget aimed at fulfilling the heightened expectations that it had generated, especially with the government's take on black money. However, it is hoped that future government actions address the issues it has left wanting.
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Budget Highlights
SME Times News Bureau
Highlights of the Union budget for 2017-18 presented by Finance Minister Arun Jaitley in parliament on Wednesday:
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Can the Budget lift Indian SMEs, worst hit by demonetisation?
Anil Bhardwaj | 31 Jan, 2017
Post demonetisation, keeping in view of set of issues that need to be addressed to alleviate the pain of small and medium enterprises (SMEs), FM Jaitley needs to come up with a comprehensive package...
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India's 2017 Budget: What should SME investors look for?
Dezan Shira & Associates | 27 Jan, 2017
The countdown to the 2017 Union Budget has begun. The government will announce the budget on the first day of February, one month ahead of the traditional announcement on the last day of February. This new date was inspired by the government's wish to solidify the budget ahead of the new financial year, a grace period that many businesspeople will appreciate after the shock and awe of November 2016's demonetization.
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Making Payments Digitally
Sarita Brara | 24 Jan, 2017
Promoting digital payment options, is an integral part of Govt's overall strategy to weed out black money and corruption from public life. Under the two incentive schemes all transactions by consumers and merchants starting from the 9th of November last year till April 14, this year are eligible for the cash rewards in the lucky draw.
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#Notebandi frontlines: Small stores struggle to survive
Alison Saldanha | 16 Jan, 2017
There are about 12 million to 14 million kirana shops -- family-run corner-shops/mom-and-pop or convenience stores selling groceries and other products -- across India, and they are vulnerable to losses from 'notebandi -- as demonetisation is called colloquially. A population, roughly speaking, equivalent to that of France or Thailand, depends on these stores for a living.
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Demonetisation fallout: ATM makers get a big boost in new orders
Meghna Mittal | 16 Jan, 2017
The government's November 8 move last year to demonetise higher-denomination currencies was said to be aimed at tackling the issues of black money and counterfeit notes. But it has also uncovered the skewed ratio of ATM machines, as compared to the population, providing a boost to the makers of such machines.
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  Customs Exchange Rates
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Japanese Yen 59.85 57.90
As on 28 Feb, 2017
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