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BUSINESS ECONOMICS - March 1 - 31, 2023

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BUSINESS ECONOMICS

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Holi: Bharatwasis across the world celebrate the auspicious Holi festival (colour sprinkling festival) symbol of joy, love and harmony. This festival marks the killing of demon, Hiranyakashipu by Lord Narsimha (incarnation of Lord Vishnu) for his cruelty and unethical way of governing.
Economy: Union Budget 2023-24 focus was mainly on increasing the CAPEX by 33% (to ` 10 lakh crore), tax moderation, targeting to lower the fiscal deficit at 5.9% of GDP from 6.8% in 2022-23, aiming for economic growth of 7% while containing the inflation and boosting rural sector (by investing in agriculture, animal husbandry, poultry farming, dairy, fishery, etc.). The agricultural credit target has been increased to ` 20 lakh crore. Capital outlay of government now works out to be almost 3.3 % of GDP.
RBI, in its economic report, states that if most of Union Budget outlay gets utilised, growth could be around 7% in FY24, against estimated growth forecasts for India for 2022-23 and 2023-24 at 6.8% and 6.1%, respectively.

BUSINESS ECONOMICS Description:

Business Economics, following its credo of “exclusive and comprehensive” coverage, has been one of India’s most popular business magazines. What started as a 12-page tabloid in 1995 has become a magazine with global reach and coverage. 

Each issue consists of ten main sections: World, Finance, Economy, Industry, Agriculture, Environment, Technology, Health, Culture, and Enlightenment. It covers the entire gamut of economic activities in India and abroad. Thoughtful pieces on socially and politically relevant issues, health, education, culture and enlightenment are also covered to give our readers an all around perspective.

Besides having a team of highly-qualified and experienced editors and a network of correspondents spread across the country, it has a panel of eminent columnists.

Business Economics is committed to objective reporting and is not attached to any political or economic ideology

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