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Govt. gets ready for reforms to fight slowdown

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New Delhi: Amidst the concerns of the ongoing financial slowdown in the economy Nirmala Sitharaman, the Finance Minster of India, to conduct meeting with the leaders to discuss the plans for the future on Thursday.

According to verified sources the meeting will be held with, Business leaders, Uday Kotak, TV Narendran, Sandip Somani, BK Goenka, Sajan Jindal, Sunil Mathur, Anil khaitan, Sanjiv Puri, Rishab Premji, Sangeeta Reddy, Dilip Sanghvi and Ajay Piramal. Even as Nirmala Sitharaman is holding daily meetings with industry in the backdrop of sluggish economic growth, the Centre is planning reforms in crucial sectors over the next few months.

The talk took place on issues such as public transportation initiative on the lines of the erstwhile National Urban Renewal Mission (JN-NURM) for the automobile sector, a tax overhaul through the direct tax code etc. Sajjan Jindal, Chairman of JSW told the media, “The penal provisions for CSR were discussed. We were assured by the finance minister that punitive actions, which include a jail term, would not be taken”.

Auto Industry leaders met Finance Minister Nirmala Sitharaman with an aim to find a concrete solution to the woes of the sector on Wednesday. Indian Automobile sector has posted the worst sales in two decades in the month of July with some top passenger car makers even plunging to their worst show in about two decades. Earlier this week, finance Minister Sitharaman met the PSU bank heads and major private sector banks to review credit growth in various sectors like MSMEs, retail, auto, NBFCs and HFCs.

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Amazon Great Indian Festival sale starts from september 29th

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India’s favourite e-commerce portal, Amazon India, has just announced the biggest retail event of the year Amazon Great Indian Sale. The dates of this 6-day shopping extravaganza have been announced. The sale will go live on 29th September 2019 and end on 4th October 2019. Prime members will get a 12-hour early access to the sale. For them, Amazon Great Indian Festival Sale 2019 will commence on 28th September at 12 PM. Amazon has unveiled a few of the best offers that will be up for grabs. During the course of this five-day shopping extravaganza, Amazon India will provide jaw-dropping Amazon Great Indian Sale offers, deals, and discounts on purchases made from Amazon India’s e-commerce platform.

The company is offering a plethora of discounts such as up to 40% off on “latest and best smartphones of 2019” which include 15 new smartphones and accessories; up to 90% off on fashion with over 1200 top brands; up to 80% off on more than 50,000 home and kitchen products; and up to 75% off on home appliances.

In addition to discounts, Amazon will also be offering festive cashback offers on Amazon Fashion, combo offers on books, gaming and toys and the opportunity to save more using Amazon coupons on daily essentials. Kitchen and home products will be listed at the “lowest ever prices” with free installation. Moreover, more than 11,000 products by Amazon brands will be listed on sale.

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