Relying on the private sector to undertake infrastructure investment may not be a realistic proposition.
Both have made factory jobs the centre of their economic agendas. Kanika Datta explains the practical limits to their ambitions.
A reading above 50 denotes expansion while one below means contraction.
Job creation was mentioned 13 times in the BJP's 2014 election manifesto, yoga only twice. Has yoga taken precedence over jobs for the Modi Sarkar, asks Syed Firdaus Ashraf.
Of the 40 CEOs polled from across the country, 60 per cent identified a fractured electoral mandate as a bigger risk than trade wars, volatile oil prices, and inflation.
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Female labour force participation in India is lower than many other EM economies.
'The rise in unemployment, underemployment, discouraged workers and job insecurity is likely to continue, with very adverse consequences for the nation's economic well-being and social cohesion,' warns Shankar Acharya.
"We want a drop in interest rate. This (interest rate) is a huge problem now for us. Real interest rate in India today is touching six percent," Ficci chief Pankaj Patel said, arguing that there should be balance between growth, inflation, and interest rates.
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Though the party's pre-poll promises include increasing the focus on technology, this isn't a new idea.
The US hopes that the upcoming India trip of US President Barack Obama would elevate trade and investment ties.
There is talk of a fresh approach to a new labour code as well as reforming land acquisition laws in such a way as to be politically.
From May 26 onwards, the US Citizenship and Immigration Services will begin accepting applications for work visas from H-IB spouses, reports Aziz Haniffa/Rediff.com.
A corpus of Rs 20,000-30,000 crore is under consideration, to narrow the input tax credit cycle and facilitate their working capital requirements.
Union Finance Minister Arun Jaitley said the Narendra Modi government does not believe in a high taxation regime but is being pro-business and pro-poor at the same time.
The Congress is of the view that firming up of proper opposition alliances in Uttar Pradesh, Bihar and Maharashtra is crucial.
NITI Aayog vice chairperson Rajiv Kumar tells Indivjal Dhasmana that additional funds could be generated through divestment, and that the fiscal deficit should be widened while focusing on the revenue deficit.
'The big elephant in the room is our misguided view about the rupee.' 'India is scared that if our currency appreciates, who will buy from us. But a breakout is inevitable.'
About 10.5 million new jobs were created between 1989 and 2010.
Be it automobile, health care, retail such as e-commerce, electricity or other utilities, everything will get disrupted and transformed over next 30 years.
Following the Budget being announced by Finance Minister Arun Jaitley, leaders across the political spectrum provided their views.
Calling the young CEOs as his team, Modi said India's development must be made a mass movement and entrepreneurs should think of what more they can do for the country's growth and for the poor.
'The government must keep bad news out of the newspapers. If you have news about a fight everyday, it is not a climate where investment takes place.'
The Congress chief gave 'F' to the Modi government for agriculture, foreign policy and job creation, and 'A+' to the prime minister for slogan creation and self promotion.
It had earlier proposed cutting it down to Rs 250 crore due to slow progress in enrollment of new employees.
"Emerging fields, including artificial intelligence, machine learning, Internet of things, blockchain, and big data can take India to new heights of development, and improve the quality of life of its citizens," he said, adding for India, this is not just an industrial transformation, but a social transformation.
He, however, expressed confidence that a series of state-specific alliances, where like-minded parties would come together on an anti-BJP platform, was likely for the 2019 general election.
Krishnamoorthi, 43, won the Chicago-area US House of Representatives seat, the 8th Congressional District, vacated by Tammy Duckworth who won Illinois's US Senate seat.
We have to wait and see whether Jaitley's Budget speech translates into actions and desired outcomes, says T N C Rajagopalan.
USISPF slammed government's move and alleged that the amendments announced were without any consultation and are akin to changing rules in the middle of the game.
SIAM also said the ban, which is in effect since December 16, has resulted in production loss of around 11,000 units
There will be many steps which will be taken outside the budget.
There was a discussion on trade matters, market access, regulatory issues and barriers. Both leaders underlined the importance of free and fair trade
'The current crisis is one of incomes, driven by poor job growth, agrarian distress and poor investment sentiment,' notes Harsh Pati Singhania, director, JK Organisation.
The government has extended excise duty concessions beyond 30th June 2014 for a period of 6 months up to 31st December 2014.
From the perspective of an American worker who is being displaced it does not make a difference whether he is displaced by a visa-dependent company or a non-visa-dependent company or a 50-50 company or whatever: Nasscom president.
2016 will be the first time in 15 years that the ratio between trade growth and world GDP will fall below 1:1
Shah wants to focus this time on a mentoring role and help youngsters with innovative ideas live their entrepreneurship dreams by providing them a platform for "institutionalisation, globalisation and scaling up" of their ventures.
'You can't take jobs to people, you have to take people to jobs.'
What will the Centre and the Tamil Nadu government do to answer the queries and fears of investors who will want to be doubly sure they would not be harassed at a later date, as has been happening to Sterlite, should be interesting to watch, says N Sathiya Moorthy.
'Modi was in as sweet a spot as is possible for an Indian prime minister in mid-term.' 'Why, then, did he plunge into this massive disruption?' 'The answer,' argues Ashok Malik, 'lies in a single word: Belief.'
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