Timely monetisation of mature road assets will be a critical determining factor in plugging shortfall in budgetary allocations, said ICRA.
'This would benefit those employees of PSUs and others not covered by Payment of Gratuity Act, 1972,' said Labour Minister Santosh Gangwar.
The initiave taken by the Modi govt can also be seen as an initiative, which terms India as ‘Naya Bharat’ (New India).
India recorded a decrease in the deficit from USD 22.9 billion in 2017 to USD 21.3 billion in 2018, according to the latest figures.
Data compiled by CMIE claimed that the unemployment rate in India rose to 7.2 per cent in February 2019.
Forex traders said heavy buying in domestic equities and robust foreign fund inflows also propped up the rupee.
The project will help women in rural households develop viable enterprises for farm and non-farm products.
The rate cut comes a month after Reserve Bank slashed key lending rate by 0.25 percentage points to 6.25 per cent.
'Driven by growth in India's retail market, country's GDP will increase and result in more job opportunities,' Amitabh Kant.
The bilateral trade has increased to USD 74.5 billion in 2017-18 from USD 64.5 billion in 2016-17.
1,900 Indian products from sectors such as chemicals and engineering get duty free access to US market under GSP.
PMI Output Index, that maps both the manufacturing and services industry, rose from 53.6 in January to 53.8.
'We fear that our labour-intensive exports of agriculture, marine and handicraft products to the US would be hit hard,' said Ajay Sahai.
Coffee exports rose 13.26 per cent to 48,330 tonnes during first of 2019.
Of the total borrowings during the month, USD 2.27 billion was raised through the automatic route of the ECBs.
Trump administration officials have said they expect the two presidents to ‘close’ a deal at a summit in coming weeks.
Sections of the industry have moved Supreme Court for special treatment to power sector when it comes to classification of NPAs.