The next round of easing business regulations—a much bigger problem for MSMEs than for big firms—needs to be driven by states in areas of land, labour, transport, & penalties, it said.
While releasing 'India Employment Report 2024', V Anantha Nageswaran said govt can't solve 'all social, economic challenges'. Congress leader Kharge says CEA protecting 'dear leader'.
India in its economic thinking has stood out from the rest of the world, not only in terms of reforms but by converting the Covid crisis into an opportunity, he said.
Fiscal support should continue till 2023 when India may return to pre-Covid growth levels, said Krishnamurthy Subramanian, adding that the 2-6% inflation band has served India well.
In the absence of a vaccine, the economic recovery will have to wait until next year, although that too is likely to be V-shaped, CEA Krishnamurthy Subramanian said.
To enable Indian economy to strongly rebound in 2020-21, Economic Survey 2020 urges Modi govt to use its strong mandate to expeditiously deliver on reforms.
What should be of concern is other states following suit and enacting separate laws to suit the political environment of respective states citing the Punjab bill as a precedent.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
BJP has no dynastic succession, at least not at the top. You can trace this back to Vajpayee-Advani era. This act of spotting, empowering younger talent is even more striking with the choice of BJP presidents.
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