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Editorial

Editorial:Track Modernization Need of the Hour

Port Wings, 14 March 2018: The decision by the Life Insurance Corporation of India to invest about 1.5 lakh crore in Indian Railways and subsequent clearance by the Finance Ministry last year is a welcome move indeed. Even though the LIC has been investing in public-sector firms for the past …

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Editorial: Blackmoney Bomb

Port Wings, 7 March 2018 Though the shadow of blackmoney was growing for the past three decades, only few years ago, the Supreme Court of India delivered a landmark judgment in response to a law suit filed by noted lawyer Ram Jethmalani seeking direction to the Union Government to reveal …

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Editorial: North East Need More Focus from Union Government

Port Wings, 28 February 2018: The Union Government’s decision to hold a three-day business summit in Manipur from April 7 to showcase the resources and economic potential of North East India, is indeed a welcome step by Narendra Modi-led government. The recently concluded Global Investors Meet in Assam is indeed …

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Editorial: Budget disappoints middle class, Shipping fraternity

Port Wings, 21 Feb 2018: In the build up to Narendra Modi-led BJP Government’s last full-year Budget, senior ministers of the government were telling in every available forum that the new government would accommodate all the concerns of citizens and take care all the aspects before finalizing the Budget. However, …

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Narendra Modi’s ASEAN Masterstroke

Port Wings, 31 January 2018: Prime Minister Narendra Modi used India’s Republic Day to host heads of 10 members of the Association of Southeast Asian Nations (ASEAN). As India’s ‘Look East Policy’, matures into an ‘Act East Policy’, a strong relationship with ASEAN is no longer a policy option; rather …

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Editorial:Trade Growth is Good News For India

Port Wings, 24 January 2018: As anticipated by experts, India’s major export destinations are witnessing a cyclical economic recovery in 2017-18 with global trade rising higher. A global slowdown, a sharp fall in commodity prices and currency fluctuations kept Indian exports under pressure between fiscal 2014-15, and in July 2016, …

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Editorial:Will 2018 Save Farmers from Turbulence?

In a nutshell, 2017 has recorded large-scale farmers’ protests due to various reasons, which include falling of remunerative prices and questionable implementation of loan waivers. 2017 was indeed a turbulent year for the agriculture and food sector in the country. The sudden decision to demonetise high-value currency on November 8, …

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Editorial:Importance of Waterways in Nation Building

Port Wings, 03 January 2018 In the backdrop of Union Shipping Minister Nitin Gadkari flagging off cargo movement on the Pandu-Dhubri route of the Brahmaputra River on 29 December, it can be easily said about the priority of the government — utilizing waterways in national building. Waterways are also an …

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Editorial: FTP: India Losing Comparative Advantage

Port Wings, 20 December 2017 Bowing to the increasing pressure from the trade community, the government has announced liberal incentives of Rs 8,450 crore ($1.3 billion) in its mid-term review of the five-year foreign trade policy (FTP) that was rolled out in 2015 and aimed at increasing the export of …

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