There is a sharp difference between the total remuneration paid at the public sector and private sector entities
However, volatility is likely to be on the rise, said Benjamin Yeo, MD & CIO (Asia & Middle-East) for Wealth & Investment Management, Barclays.
To do so, the government will have to tackle a number of broad development challenges successfully, says Shankar Acharya
Echoing Prime Minister Narendra Modi's views that improving the health of financial markets alone cannot fuel growth, G20 business leaders on Friday said vigorous efforts should be made to go beyond fiscal and monetary policy to kickstart world economy and create jobs.
'We need to do more to accelerate growth.'
The report has identified some areas that need attention from India's policymakers.
To the extent that body shopping is replaced by true offshoring, everyone is better off, says Ajay Shah.
Election results, diesel & gas pricing moves, labour law changes - all stoke anticipation of more cheer ahead.
'With this amendment, permanent employees will cease to exist.' 'The government should give a human touch and human face to labour reforms.' 'Ideas like survival of the fittest, might is right, etc, are rules of the jungle.' 'They cannot give new terms like hire and fire to jungle law.'
The comments came after Indian Finance Minister Arun Jaitley warned of tough measures in his first budget on July 10, saying 'mindless populism' needs to be checked as India aims to boost growth.
The PMO should also present an annual report, on the state of politics and society
No country has grown without educating its people. India's shameful lag in primary and secondary education has persisted for several decades, and the crisis in higher education is now threatening a social and political calamity, says Ashoka Mody.
This has steered a rally in global equities and dollar Index also ticked higher, trading near its four year high.
The fuel reforms are a very important signal of the government's commitment to tough economic reforms.
Perhaps half-way through India's demographic transition, what is the outlook for the future?
One solution to India's challenges of education, employment, employability lies in state governments adopting apprenticeships on a large scale.
India also fares poorly on maternal mortality rate.
One popular strategy is to hire contract workers.
The US dependent visa puts many restrictions on the spouses, mostly women, of the skilled workers who have an H1-B visa. Some even felt like they were thrown back into a model of the 'traditional family' where women are not valued at all outside of the home.
India's rapid economic progress over the past two decades masks its abysmal performance on social indicators.
Governments find themselves expanding the entitlements of the least productive - farmers and bureaucrats - and abridging those of the more productive parts of the workforce.
A comprehensive solution involves a complete overhaul of our education and training model.
Supported by slightly stronger global growth, improving export competitiveness and implementation of recently approved investment projects, India's growth is expected to recover from 4.4 per cent in 2013 to 5.4 per cent in 2014, the IMF said.
Data on the real value of the currency against other currencies tells a different story.
Less than half of rural households are engaged in agriculture.
The annual list, released on Wednesday by Geneva-based World Economic Forum, comes at a time when the new Indian government has completed 100 days in power and has promised further steps to revive its economy and the ease of doing business in the country.
The broader markets, however, outperformed their larger peers.
ADB pegs India's GDP growth at 7.8 per cent in FY 2015-16
With India poised to become the largest economy in the world by 2030, it cannot afford to leave half of its workforce behind.
Rajasthan has taken the lead on structural reforms which could help India attract business and employ a fast-growing workforce.
'Success will require political skill, not just economic expertise'
Iran is preparing for a trade and investment boom that could reshape the region after agreeing with world powers to curb its nuclear programme, paving the way for sanctions that have stifled its economy to be lifted.
India Inc is automating and squeezing more output from its workers and so needs fewer of them, finds out IndiaSpend Team.
The 30-share Sensex closed at 27,112 up by 481 points whereas the Nifty ended higher by 139 points at 8,115.
We are in this mess as the machinery of the government in a market economy is broken. We need technically sound banking regulation, so that capital is not misallocated, and the landscape does not get littered with zombie firms kept alive through evergreening, says Ajay Shah.
All evidence suggests that the US Federal Reserve will raise interest rates soon.
The elements are all aligned to make India a global powerhouse, says IMF Managing Director Christine Lagarde.
India only has 3.5 million workers undergoing skills courses a year, compared with 90 million in China
The UN World Economic Situation and Prospects 2014 report said a mild recovery in investment as well as stronger export growth will help in the gradual GDP pick-up.
Reasons include include dropping out of education, raising children and family pressure
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