Union Budget 2020-21 Strong Impetus On Increasing Consumption To Boost Economic Growth DG SCOPE SCOPE NEWS

Union Budget 2020-21 Strong Impetus On Increasing Consumption To Boost Economic Growth DG SCOPE


NEW DELHI. Director General SCOPE , Shri Atul Sobti welcomed the Union Budget for its strong impetus on increasing consumption to boost Economic Growth. SCOPE, an apex body of Public Enterprises, applauds the Finance Minister for choosing simplification and reduction in taxation as a means to increase demand in the economy.
"The Budget has given a consumption boost through various measures including direct tax and this will help in creating more demand and increase economic growth", DG said adding it is truly an Aspirational Budget as it focuses on all sectors including farmers, individuals and the industry.
The Public Sector will have to play a crucial role in making this Budget a reality. It has envisaged infrastructure boost for creating economic development for all and ease of living for every citizen. Higher infrastructure spending in rural India, greater use of solar power in agri and allied sector, expanding national oil and gas grid, boost to rail and air travel connectivity will present larger opportunities for the CPSEs. With increased commitment to R&D, CPSEs in the research space will get to play a greater role , he said.
DG SCOPE has opined that the Budget has focussed on all round development and has targeted most of the economic sub-sectors. The Budget is positive as it seeks to boost economic growth and promote higher, sustainable and equitable development.

Posted Date :  03-02-20

Categories : SCOPE NEWS

Similar news

SCOPE program on management of contract labour

NEW DELHI: Standing Conference of Public Enterprises (SCOPE) organized a program on ‘Management of Contract Labour, Compliance of Labour Laws with special reference to Code of Wages 2019’. Shri Santosh Kumar Gangwar, Union Minister of State (Independent Charge) for Labour & Employment inaugur
Posted Date :  05-03-20

Read more

SCOPE holds strategic meet on scientific social responsibility

NEW DELHI. SCOPE organized a strategic meet of Senior Management of Central Public Sector Enterprises with Shri Ajit Seth, IAS (Retd.), Distinguished Fellow, Office of Principal Scientific Adviser and Prof. Ashutosh Sharma, Secretary, Department of Science & Technology at SCOPE Convention Centre,
Posted Date :  06-02-20

Read more

SCOPE Pays Tribute To Mahatma Gandhi Father Of The Nation

NEW DELHI. Standing Conference of Public Enterprises (SCOPE) organized a programme on ‘Ethical Governance: The Gandhian Way’ coinciding with 72nd Martyrs’ Day.   On this occasion, floral tribute was paid to Mahatma Gandhi by Mr. Atul Sobti, Director General, SCOPE, Smt. Shobhana Ra
Posted Date :  31-01-20

Read more

SCOPE developing effective managers in public sector

NEW DELHI . SCOPE Academy of Public SectorEnterprise (APSE) has commenced the Executive Development Program on the theme “The Career Journey to Personal Effectiveness and Leadership’’ at SCOPE Minar,New Delhi. Shri . Atul Sobti, DirectorGeneral, SCOPE inaugurated the program. Participants
Posted Date :  28-01-20

Read more

Changing paradigm of emerging financial markets

Mathura . Shri Pramod Kumar Sinha , AGM ( HR) , SCOPE address the participants at International Management Conference (IMC) 2020 on " Changing Paradigm of Emerging Financial Markets" , recently at GLA University Mathura .
Posted Date :  21-01-20

Read more

SCOPE felicitates corporate communications professionals of PSUs

NEW DELHI. SCOPE felicitated Shri Pallab Bhattacharya, ED – Corporate Communication & PR, ONGC and Shri Pranav K. Sinha, Former GM ( CC) and Head PMI, NTPC, who are superannuating on 31st December, 2019 to memoir their key contributions in respective organizations and joining with SCOPE with th
Posted Date :  27-12-19

Read more

Special Issue of kaleidoscope on arbitration released

NEW DELHI. Minister of State for Heavy Industries & Public Enterprises and Parliamentary Affairs, Shri Arjun Ram Meghwal released Special Issue of SCOPE’s Kaleidoscope magazine on Arbitration during the National Seminar on Challenges & Management of Arbitration organized by Standing Conference
Posted Date :  27-12-19

Read more

Government urges PSEs to accelerate climate change mitigation

NEW DELHI. Standing Conference of Public Enterprises (SCOPE) in collaboration with GIZ, Germany (A German public benefit federal enterprise) organized a national seminar on Climate Change. The seminar was inaugurated and addressed by Mr. Ravi Shankar Prasad, Additional Secretary, Ministry of Envi
Posted Date :  18-12-19

Read more

SCOPE to promote apprenticeship in public sector

NEW DELHI. A joint declaration for Promotion & Expansion of apprenticeship in Public Sector Enterprises (PSEs) was signed and exchanged between Mr. Atul Sobti, Director General, Standing Conference of Public Enterprises (SCOPE) and Ms. Sunita Sanghi, Senior Adviser, Ministry of Skill Development
Posted Date :  12-12-19

Read more

Govt wants PSUs to hire more apprentices for service business

NEW DELHI. Union Skills minister Shri Mahendra Nath Pandey have urged central public sector enterprises significantly increase number of apprentices in the services sector. I strongly urge them to come forward, increase their engagement with apprentices and build their potential to be industry re
Posted Date :  07-12-19

Read more

RTI is at the heart of Indian democracy

NEW DELHI .  Chief Information Commissioner (CIC), Shri Sudhir Bhargava interacted with the Chief and Senior Executives of Public Sector Enterprises (PSEs) on range of issues pertaining to recent provisions of the RTI Act and concerns in implementing the amended RTI Act. In his address to PSEs,
Posted Date :  07-12-19

Read more

SCOPE developing effective leadersin Public Sector

NEW DELHI. SCOPE developing effective leaders in Public Sector Standing Conference of Public Enterprises(SCOPE) organized a national workshop on ‘Succession Planning for Board Level Positions’ in Public Sector Enterprises (PSEs). Chairman, Public Enterprises Selection Board (PESB), Shri . K D
Posted Date :  12-11-19

Read more

SCOPE and IOE Geneva to work together

NEW DELHI. Director General, Standing Conference of Public Enterprises (SCOPE), Mr. Atul Sobti welcomed Mr. Roberto Saurez Santos, the Secretary General of International Organization of Employers (IOE), Geneva at SCOPE Headquarters. IOE is the representative of global employers in ILO, across the
Posted Date :  16-10-19

Read more

CONCOR congratulates ILO and SCOPE for taking this initiative

New Delhi: International Labour Organization (ILO) in association with Standing Conference of Public Enterprise (SCOPE) has launched Network of Champions with 12 members, from various PSUs for promoting Women’s Career Advancement and to conduct gender sensitization sessions in different PSUs.
Posted Date :  30-09-19

Read more