Four labour codes, amalgamating 29 laws, were passed in 2019 & 2020. But central, state govts have yet to notify the laws that will cater to around 40 crore unorganised sector workers.
Strong domestic demand amidst high commodity prices will raise total import bill and contribute to unfavourable developments in the current account balance, warns report.
Survey report cites improved performance in sectors like tourism, hotels, real estate, IT-BPM and e-commerce. Anticipates improvement in India’s services exports.
National Infrastructure Pipeline projected investment of Rs 111 lakh crore for FY20-25. Survey notes India needs continued stepping up of infra investment to sustain high growth rate.
While global headwinds remain, several factors due in large part to management of key sectors in last few years have placed India in strong position for remaining part of this decade.
Capital expenditure on railway infra was ₹2.5 lakh cr in FY23, up by about 29 per cent against previous yr. Construction of highways went up from 6,061 km in FY16 to 10,457 km in FY22.
Finance Minister raised capex by 35.4% to continue the public investment-led recovery of the pandemic-battered economy. Last year, it stood at Rs 5.5 lakh crore.
This is due to the plateauing of exports and subsequent widening of the current account deficit. On Tuesday, the rupee depreciated 12 paise to 81.64 against the US dollar.
When lynching, hate speech and bulldozer politics do not speedily invite the wrath of courts, then something is wrong with the third pillar of governance.
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'.
In an interview with Gulistan News this week, Union Home Minister Amit Shah said the government would leave law and order to J&K Police and slowly withdraw troops.
The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.
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