Dear BCAS Family, When you get this message you would have been heaving a sigh of relief from the battle against the timeline for filing the income tax returns and the tax audit reports. Much needs to be talked about and put forward to the concerned authorities on the procedural issues that we all faced but at the start of this auspicious season of festivals, let us focus on some positives.
“It’s not India’s decade. I actually think it’s India’s century…” Let these words of Bob Sternfels, CEO, McKinsey & Co. reverberate in our minds, hearts and being, and inspire us! I was absolutely enthused when I read it, and I think all Indians should align and work towards building India, the great nation that we are. Bob ardently believes that India is where economic history is going to be written. India, he said is the future talent factory of the world. By 2047, India would have 20 per cent of the world’s working population. Manufacturing would also move to the next level with critical supply chains being reimagined. Digitisation is another pillar; he believes that will play a pivotal role in India’s economy.
While the major economies of the world are staring at stagnant growth, spiralling inflation and looming recession, India is surging ahead. For the first quarter of the F.Y. 2022-23, India’s GDP growth rate was a phenomenal 13.5 per cent – that’s 2.8 times higher than the average GDP grow
