-The Hindu Business Line The government must open up conventional and unconventional avenues for women to find their way into the workforce Officials in the finance ministry are busy with budgetary consultations. At the outset, it needs to be recognised that the Union Budget is more than a mere accounting exercise as it lays out the vision of the government and provides a strategy to implement it during the course of that year. In...
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Misguided emphasis on labour reforms -SP Singh & Amit K Giri
-The Hindu Business Line Going by the experience worldwide, it is unlikely to generate jobs in the formal sector Changes in land and labour laws are the two most important components of the second generation of economic reforms. Since early 1990, a slew of economic reforms have been initiated in almost all sectors. However, the governments in power from 1990 through 2014 did not introduce radical changes in the prevailing land and...
More »Cellphone output touches 100 mn
-PTI Mobile phone production in India has reached 100 million with leading companies setting up their manufacturing base in the country, Telecom Minister Ravi Shankar Prasad said on Saturday. “Today, I am happy to announce that in December, Rs. 1.14 lakh crore investment has come in electronic manufacturing in India. “We have attracted around 15 new mobile plants.” “Earlier in 2014, 68 million (mobile phones) were being manufactured and now 100 million are...
More »The Union Budget Must Not Ignore Social Security for Children -Kumar Shailabh
-TheWire.in The government is gearing up to prepare the Union Budget 2016-17. The Ministry of Finance is holding pre-budget consultations with various groups for their inputs to make it inclusive and progressive. The Finance Minister, in his opening remarks during the pre-budget meetings with the social sector mentioned that “Inclusive Growth is high on the priorities of the present government and the government will take adequate measures to ensure social security...
More »Is the worst over for rural economy? -Mayank Mishra
-Business Standard Four of the 6 large states have seen uptick in rural wages, following equally sharp increase in coverage of the rural employment guarantee scheme After months of stagnation, rural wages have started inching up, albeit marginally. Coinciding with a renewed push to the rural employment guarantee scheme in the second half of 2015, rural wages have shown a marginal uptick since August. It remained nearly flat from December 2014 to...
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