Industry body CII on Thursday made a case for pushing reforms in sectors like land, labour, and agriculture by the Modi 3.0 government to accelerate economic growth, which is estimated to be around 8 per cent in the current financial year. CII president Sanjiv Puri said a lot of policy interventions in the past have put the economy on "a much stronger wicket". "The growth rate is poised to touch 8 per cent during the current year, marking the fourth consecutive year of above 7 per cent + growth.
'The private sector believes that some enablers in labour-intensive sectors like apparel, toys, tourism, and media retail, can unlock a lot of jobs.'
Jobs requiring AI skills carry a significant wage premium, with some roles offering up to a 25 per cent increase in wages, notes Manoj Nagpal, vice president, professional services, OpenText, an information management company.
'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.'
Thousands of workers of every description -- from journalists to steel workers, from painters to New York cops, from auto to engineering workers -- marched for two hours down 5th Avenue one of Manhattan's most iconic thoroughfares, reports Jyoti Punwani.
A seven-year-old boy went missing in northwest Delhi's Ashok Vihar and his body was found hours later in a drain, with his mother alleging on Monday he lost his life because the drain was open and he would go there to relieve himself as the area lacks proper toilet facility.
This would give BJP the chance to explore Constitutional options for government formation if there is no clear-cut mandate, explains Sheela Bhatt.
'All professional players have been affected by these illegal rules (in force since 2001!) and can therefore now seek compensation for their losses.'
'...to think apna time aa gaya after the 2024 election.'
'Samsung declared they would not allow the presence of any trade union.' 'This is unacceptable as the rule of law in India permits employees to have a trade union.' 'So, the crux of the strike is this.'
'We are worried for the workers because in the private sector, jobs are not secure, there is no decent work condition and there is no social security.' 'That's why we are opposing the economic policies of this government.'
While we seem to want soldiers on short-term engagement, warfare itself is getting more technical and needs skilled manpower. The world has seen the dismal performance of armies that rely on short tour of duty soldiers or have outsourced war to 'contractors' in Afghanistan and now in Ukraine, points out Colonel Anil A Athale (retd).
'Make sure you provide enough support (income, nutrition, healthcare, and housing) to migrants stuck (and their households), so they are not compelled to seek work or migrate back.' 'Otherwise, the risk of contagion is extreme.'
Atishi will have a brief tenure in office as assembly elections in the national capital are due in February.
'There is a difference between a politician and leader.' 'A politician will have his pound of flesh first and do everything else later.' 'A leader will sacrifice everything to help people.'
India Inc on Thursday pitched for lowering income tax burden on common man, increase in capital expenditure, and firm steps to contain food inflation in their nearly two-hour long interaction with finance minister Nirmala Shitharaman ahead of the Union Budget. During pre-Budget consultation with Sitharaman, the industry leaders and associations also urged the government to focus more on infrastructure development with a view to maintaining the economic growth momentum. The industry leaders also laid stress on boosting the MSME (micro, small, and medium enterprises) sector, considered a backbone of the Indian economy and main employment generator.
At least five people were killed in separate rain-related incidents on Tuesday in Bengaluru, which has been reeling under incessant rains for the past three days causing widespread flooding in several residential areas and turning roads into virtual rivers.
Muhammad Yunus on Thursday promised to deliver a government which assures safety to its citizens, as the Nobel laureate returned to the protest-torn Bangladesh from Paris to take oath as the head of the interim government following the ouster of Sheikh Hasina.
'The government should come back as a job creator as it did in the 1960s and the 1970s.'
He said the bill will be taken up for discussion in the next cabinet meeting to clear the doubts.
From small restaurants to mighty software companies, it is businesses, not the government, that create jobs. Yet, in a cruel irony, they have to fight extortive and brutal State power every step of the way, says Debashis Basu.
In case MGNREGA is expanded, officials said the total expenditure on farming-related works could reach up to 80 per cent of MGNREGA budget, as against the current 67 per cent.
The dead were identified as belonging to Punjab province. No group has claimed responsibility for the attack so far.
India's exports fell for the fourth straight month in June as shipments of key segments like petroleum and textiles declined but the country's trade turned surplus for the first time in 18 years as imports dropped by a steeper 47.59 per cent.
There was a memorable meeting with a 'tall, elegant, beautiful girl', who had recently finished her 12th in the strongly tribal Jhabua district, Madhya Pradesh. 'I was shocked. In this whole sea of villages, I knew for sure there was no other 12th pass girl. I said I want to meet your father.' 'She brought her father, a daily-wage labourer. I asked him: "How come you decided to educate your girl till the 12th standard? You break stones for a living and you don't have a lot of money".' 'He just said one line and in that one line he said everything.'
To burnish production-linked incentive (PLI) schemes, the government is considering an overhaul of some of them relating to sectors such as textiles and pharma, and making incentive payments quarterly, officials in the know said. In a bid to cut the delay in processing incentive claims, the government is looking at switching to a quarterly disbursement of incentives. Currently, in most schemes, incentives are annual.
'The race is now on for Indian IT firms to develop their AI prowess and focus on a software-first approach to services as the people element becomes more complicated with Trump's expected new regulations.'
Bangladesh descended into chaos on Monday as Prime Minister Sheikh Hasina surreptitiously resigned and fled the country in a military aircraft while the Army stepped in to fill the power vacuum.
Truck movements across the India-Bangladesh border are on the rise, with increasing rentals signalling a trade recovery between the two South Asian nations. Yet, geopolitical tension looms large, with Bangladesh now under an interim government for nearly two months.
Hundreds of migrant workers from Delhi, Haryana and even Punjab reached Anand Vihar, Ghazipur and Ghaziabad's Lal Kuan area after taking arduous treks of many kilometers on foot to take buses to their respective native places
In an address from the lectern on the steps of 10 Downing Street on a rainy London evening, Britain's first Prime Minister of Indian heritage confirmed a summer poll in six weeks' time and that the Parliament would soon be dissolved after he formally informed King Charles III of the election timeline.
An increase in the farmer income support scheme PM Kisan Nidhi, the introduction of a 'robot tax' to fund reskilling of people who lose their jobs to artificial intelligence (AI), and a reduced income-tax (I-T) to bring relief to the middle classes - these are some of the items in the Budget wish list submitted by Sangh Parivar affiliates to Finance Minister (FM) Nirmala Sitharaman. Representatives of the affiliates of the Rashtriya Swayamsevak Sangh (RSS), such as the farmer organisation Bharatiya Kisan Sangh (BKS); trade union Bharatiya Mazdoor Sangh (BMS); Laghu Udyog Bharati, which works for micro and small industries; and Swadeshi Jagran Manch (SJM), which works on economic and policy issues, met the FM and other officials over the last couple of weeks as part of the pre-Budget consultations.
The Karnataka cabinet has approved a bill mandating 100 per cent reservation for Kannadigas in private firms for Group C and Group D posts, Chief Minister Siddaramaiah said on Tuesday.
'Till a few years ago, girls wouldn't take an autorickshaw alone. Now, things have improved.'
Units employing up to 49 workers are not required to list themselves with the government.
President Droupadi Murmu on Wednesday emphasised the need to strengthen affirmative action as a tool for inclusion while urging the rejection of divisive tendencies rooted in perceived social hierarchies.
Dipak Brahma, a resident of Dhantola Mandaria, a forest village in Kokrajhar district, had recently returned from Gujarat, where he worked as a labourer. He was jobless and finding it hard to support his family, according to an official of an NGO working against human trafficking.
Five labourers allegedly involved in the rape of a college student near Mysuru have been arrested, Karnataka DG and IGP Praveen Sood said on Saturday.
A group of 101 farmers resumed their foot march to Delhi on Sunday to press the Centre for various demands, including a legal guarantee for Minimum Support Price (MSP). However, they were stopped at the barricading by Haryana Police who cited a prohibitory order clamped by the Ambala administration. The farmers have been pressing for various demands, including a legal guarantee for MSP, a farm debt waiver, pension for farmers and farm labourers, no hike in electricity tariff, withdrawal of police cases (against farmers), and "justice" for the victims of the 2021 Lakhimpur Kheri violence. Reinstatement of the Land Acquisition Act, 2013 and compensation to the families of farmers who died during the previous agitation in 2020-21 are also part of their demands.
Thrust on infrastructure and capital expenditure is expected to continue in the Union Budget for FY25.
