This would make the rupee stronger, further putting the manufacturing sector at a disadvantage. And that would mean lack of domestic jobs for millions of youth.
Financial incentives such as preferential tax rates and the tax holiday provided by Vietnam to lure companies are among some measures being considered by India.
The IAF will now run its AN-32 transport aircraft on a blended bio-fuel partly derived from trees. It plans to widen the experiment over the next two years.
The dynamics between Europe and Russia have gone so south that mending fences looks like an uphill task—even as the US swings between sanctions and olive branches.
Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
We need the greenbacks, whether they come from services or merchandise exports. India also needs the jobs, but let at least one major issue be taken care of. In India’s case, service exports brings to mind IT and software. On tourism, our citizens probably now spend more abroad than foreigners do in India. Banking, shipping, insurance, where are the other major service exports coming from ?
There is only 1 fly in the ointment – the assertion that: Indeed, as services exports continue to succeed, the rupee will become stronger – historically there is no proof for such an occurrence. And they’re by the core assumption of the thesis is dodgy.
I welcome is someone can show it otherwise, but the best of scholarship currently doesn’t support the argument.
Dear Sir,
Why cant the rural youth who are educated join the services industry.
Kenya is attempting to promote this in a big way. India can too, I run an organization that employs 1000 people in Indian villages working for the processes from all across the world.
We need the greenbacks, whether they come from services or merchandise exports. India also needs the jobs, but let at least one major issue be taken care of. In India’s case, service exports brings to mind IT and software. On tourism, our citizens probably now spend more abroad than foreigners do in India. Banking, shipping, insurance, where are the other major service exports coming from ?
There is only 1 fly in the ointment – the assertion that: Indeed, as services exports continue to succeed, the rupee will become stronger – historically there is no proof for such an occurrence. And they’re by the core assumption of the thesis is dodgy.
I welcome is someone can show it otherwise, but the best of scholarship currently doesn’t support the argument.
Dear Sir,
Why cant the rural youth who are educated join the services industry.
Kenya is attempting to promote this in a big way. India can too, I run an organization that employs 1000 people in Indian villages working for the processes from all across the world.
mani
DesiCrew