Participating in the G20 Finance Ministers and Central Bank Governors meeting here on the sidelines of the annual meetings of the IMF and the World Bank, Sitharaman intervened on a number of critical issues, including infrastructure, investments and international taxation.
The state is staring at yet another year of record production, delay in crushing operations can become an administrative challenge with political implications.
​​"PM GatiShakti National Master Plan has the potential to save over ₹10 lakh crore annually by improving logistics efficiency," Goyal said while unveiling the fourth LEADS (Logistics Ease Across Different States) 2022.
India aims to clock $470 billion of merchandise exports in 2022-23. Preliminary data released on October 3 showed $229.05 billion exports in April -September 2022-23, up 15.54% on-year.
"India deserves to be called a bright spot on this otherwise dark horizon because it has been a fast-growing economy, even during these difficult times, but most importantly, this growth is underpinned by structural reforms," Georgieva said.
The consumer price inflation rose to 7.4 percent in September led by higher food inflation which rose to 8.4 percent. At the current levels, inflation numbers have remained over the government's targeted band of 6 percent, triggering an explanation by the MPC as to the time frame within which the inflation will come within the target band of two to six percent.
Giving the feedback to the ministry on ways to improve logistics efficiencies, industry in Assam has stated that there were cases of theft and pilferage of goods in transit on state highway connecting Assam with Kolkata. They have cited that "unwarranted stoppages of commercial vehicles by the traffic police cause delays in cargo delivery," the report said.
"The ministry has constructed 3,559 KMs of National Highways up to September in 2022-23 as compared to 3,824 KMs constructed up to September in 2021-22," the Ministry of Road Transport and Highways said in its monthly summary for the Cabinet for September 2022.
The state-owned road building agency has floated tenders worth about 2,200 km so far this fiscal, which is 36 per cent higher than the corresponding first half of the last fiscal.