The investment climate is going well in India and the private sector should skill their workforce in the interest of its business, Chief Economic Advisor K V Subramanian said on Thursday asserting that he does not foresee any difficulty in demand and supply of the workforce. Addressing 'Times Network India Economic Conclave', Subramanian further said job creation is part of the virtuous cycle that starts with private investments flowing into the country resulting in production, growth, job creation and increase in aggregate demand which in turn leads to more investments in the economy. The investment climate is going well in India. Other things will follow, though with a lag...it is for the private sector to start recognising that it is in their own business interest that they should skill their workforce. This, in turn, will raise the average level of skills in India," he said.
With a growing penetration of the Internet, which reaches to rural areas of the country, the retailers would be able to deepen their market
An announcement has barred the entry of journalists in the finance ministry.
The change in stance follows a strong opposition by automakers of the proposed government plan to ban two-wheelers (below 150cc) and three-wheelers by 2023 and 2025, respectively
NITI Aayog CEO Amitabh Kant shared ten best practices in a bid to bolster India's efforts against Covid-19 pandemic.
'Technology is streamliming the entire process of aid distribution and making it transparent and digital.'
JioMeet, which has already got the endorsement of top government officials and politicians, saw a huge surge in its ranking on Google Play, based on its downloads.
It rained investments on India as the Make In India programme, envisioned by Prime Minister Narendra Modi with a focus on the manufacturing sector, raked in Rs 15,20,000 crore in committed investments.
India will shortly unveil a 'One Nation-One Card policy' for public transport that will entail connectivity between various modes of transport
Through this mobile application, the handset will be used for authenticating biometrics of customers making Aadhaar enabled payment.
Most economists were of the view that the NSSO should release the data, as any move to withhold it will dent the image of country's statistical system.
The ease of doing business has not picked up in a vast number of states and Union Territories.
With India's EV penetration at just 2.5 per cent, the market presents an opportunity -- provided Tesla gets its pricing right.
The highest ever average daily construction rate of 130 km has been achieved for rural roads
Bibek Debroy was one of the very few economists not bound by any single area of expertise and was simultaneously curious about economics and politics, myths and maths, chess and chemistry, and what not, remembers Laveesh Bhandari.
'Transparency, privacy and security have been the core design principle of Aarogya Setu. Opening the source code to developer community signifies Government of India continuing principal to these commitments'
The projects - Delhi-Varanasi, Mumbai-Nagpur, Delhi-Ahmedabad, Chennai-Mysore, Delhi-Amritsar, Mumbai-Hyderabad, and Varanasi-Howrah - are expected to cost around Rs 10 trillion.
'They are also sitting on huge public sector assets without many returns.'
Xiaomi plans to bring global component suppliers to India and this could potentially bring investment of at least Rs 15000 crore
The outcome ratio of COVID-19 -- the ratio of recoveries and deaths of closed cases -- was recorded at 90:20.
The Bharat Interface For Money app was launched on the iOS platform earlier this month. It is also available on the more popular Android platform. There have been over 17 million downloads of the BHIM app so far.
Prime Minister Narendra Modi will inaugurate the Global Entrepreneurship Summit and launch Hyderabad Metro Rail next week.
The size of India's middle class will nearly double to 61 per cent of its total population by 2047, from 31 per cent in 2020-21, as continuing political stability and economic reforms with a sustained annual growth rate of between 6 per cent and 7 per cent over the next two and half decades will make the country one of the largest markets in the world. The findings are part of a report released on Wednesday by the People Research on India's Consumer Economy (PRICE) and India's Citizen Environment, a not-for-profit think tank. The report titled, The Rise of India's Middle Class, is based on an analysis of primary data collected by PRICE through its pan-Indian survey.
The Prime Minister's Office has decided to set up a panel, led by former chief statistician T C A Anant, to deliberate on whether the enterprise-level quarterly data, which is released by the labour bureau, should be discontinued.
The electric Chetak has already sold close to 25,000 units in India, and the European version will be based on the same platform.
Chevening Scholarships offer full financial support for one year to candidates applying for a master's degree at any UK university.
The total number of doses administered in the country has crossed 78.68 crore.
Grand plan: 10% GDP growth; 175 million jobs; $10-trillion economy
'Supplies should start moving to the Serum Institute without any impediments.'
In a communication to the empowered committee on PLI recently, the Indian Cellular & Electronics Association (ICEA) has stated that except one player (Samsung), all the other eight players (which include vendors of Apple Inc) selected under the scheme were facing numerous challenges in fulfilling the qualification criteria.
Infosys, which is managing MCA21, has been facing flak from different quarters on the woes pertaining to the portal.
The event will be significant for the Congress and Trinamool Congress leaderships, cementing the proximity during the winter session of Parliament.
All the poor people identified by the Socio Economic and Caste Census 2011 will be eligible for the scheme, officials said, adding that it will be linked to Aadhar but will not be a mandatory condition for availing the benefit.
The NITI Aayog may want us to believe this is one of the easiest payment systems in the world, but Tinesh Bhasin decodes the many unanswered queries and concerns involving the United Payments Interface.
Naidu on Wednesday said he has been supporting demonetisation, but added that problems arising out of the exercise "continue" as "we are going (about them) in a routine manner". "We have to take an innovative approach," he said, claiming that his remarks were "distorted by some".
'This is almost like demonetisation and is overwhelming,' says a bar-owner.
The number of hotspot districts comes down to 129 from 170 in a fortnight. But the number of infection-free districts or green zones too decreased from 325 to 307. During this time, the number of non-hotspot districts, also known as orange zones, increased from 207 to 297.
'It is unclear whether clothing or home items qualify as essential items. A lot of professionals are working from home, and they need electronics for their productivity. Does this qualify as essential?'
Large chains like the Marriott and Taj that are estimated to consume two million plastic bottles a year have taken a conscious decision to first eliminate PET bottles on their premises and then reduce the use of single-use plastic altogether, saying they are all for a sustainably environment-friendly tomorrow.
States to come under DIPP watch on ease of doing business.
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