K.Venkateshwar.Rao

ECONOMY  / K.Venkateshwar. Rao  12 AUGUST 2019 With the country’s unemployment rate rising to a 45-year high at 6.1% in 2017/18 fiscal year, slowdown in the agriculture growth rate, and declining GDP growth rate, can India achieve the great Indian dream of a 5 trillion US dollar economy by 2024? Reports of slowdown in the global economy cast a shadow on the government’s target. Whereas the Annual Report 2018-19 of the Department for Promotion of Industry and Internal Trade (DPIIT), states that India has received the highest-ever FDI inflow of $64.37 billion during the fiscal ended March 2019 and FDI worth $286 billion in the past five years. This presents India as a bright spot for investment and vindicates the governments target of USD 5 trillion economy by 2024. Economists and subject matter experts termed the target as ambitious but achievable with reforms and a higher growth rate. Chief economic advisor to the government of India, K V Subramanian said, “Even th...

K.Venkateshwar. Rao  28 JULY 2019     The grand old party of India, the Indian National Congress, which actively participated in the freedom struggle and liberated India from the British, is in a major crisis after the resignation of Rahul Gandhi as the president of the Indian National Congress. The party ruled over India for the majority of the period since India’s independence in 1947, except for a brief period of around 15 years as the Opposition party. Now, the Indian National Congress is fighting for its survival, with Congressmen clueless about how to bail itself out from the leadership crisis. The ruling Bharatiya Janata Party (BJP) and regional parties are seemingly rejoicing in Congress’ miseries, as it is giving them an opportunity to consolidate their position in Indian politics and fill in the void created by the Congress. According to political observers, Congress has fallen into the trap of its creation. The party has relied heavily on ...

K.Venkateshwar. Rao  23 JULY 2019 Inland waterway transport is likely to prove a great benefit for India’s industrial sector, as the government aims to remove hurdles for doing business in India and encourage the industrial sector to play a more significant role in the Indian economy.  According to the government’s findings, India has around 14,500 kilometres of navigable waterways, comprising of rivers, canals, backwaters, and creeks. The cost of transporting one tonne freight over one kilometre by waterway is just 1.06 Indian Rupees (INR), or $0.015 USD, compared to 2.58 INR ($0.037 USD) by road and 1.41 INR ($0.020 USD) by rail. Inland Waterways Authority of India (IWAI) officials said that with the opening of the waterway, business activities on National Waterway One (NW1) gained momentum, with many cargo owners, like PepsiCo, IFFCO Fertilizers, Emami Agrotech, and Dabur India, coming on board.  In the inauguration ceremony of PSU Concor’s first contai...

Popularly known as the Queen of Hills, Mussoorie, India is dotted with varied flora and fauna, valleys, and snow clad mountains. This fascinating hill resort is located in the Dehradun District of Uttarakhand, 300 km (186.41 miles) north of the national capital, Delhi. The “Honeymoon Capital of India,” Mussoorie, offers numerous adventure activities and breathtaking landscapes to domestic and international tourists. The town once presented a ‘fairyland’ atmosphere to tourists, with its spectacular views of the snowy Himalayas, glittering Doon Valley, and Shiwalik Range in the south. It offers distant views of the holy river Ganga from one end of the ridge and the Jamuna River from the other. Lal Bahadur Shastri National Academy of Administration, the premier training institute for officers of the Indian Administrative Service (I.A.S.) and other civil services is also located here. The library area houses the Indo-Tibetan Border Police Force Academy, an elite central police orga...