RBI data records increase in jobs from 471.5 to 643 million in past decade
There has been a significant increase in jobs from 471.5 million in 2014-15 to 643 million in 2023-24, according to provisional estimates from the RBI’s KLEMS database.
There has been a significant increase in jobs from 471.5 million in 2014-15 to 643 million in 2023-24, according to provisional estimates from the RBI’s KLEMS database.
Ahead of the Union Budget, the industry body Confederation of Indian Industry(CII) has put forward a 10-point specific suggestion before the central government to increase Ease of Doing Business.
The Union Budget 2025-26 should continue to prioritise employment creation to harness India’s demographic dividend and propel economic growth, apex business chamber CII said on Sunday.
The Confederation of Indian Industry (CII) has suggested a seven-point agenda to the Finance Ministry for the Union Budget-2025.
The Confederation of Indian Industry (CII) on Sunday urged the Central government to reduce the income tax for individuals and cut excise duty on fuels to increase disposable incomes in the hands of consumers, which would increase spending thereby spurring economic growth.
In its Budget suggestions for 2025-26, industry body CII has recommended lowering the excise duty on fuel to boost consumption, especially at the lower-income level.
Union Minister of State for Health and Family Welfare Anupriya Patel has said the size of the Indian medical devices sector is estimated to be around $14 billion and it is expected to grow to $30 Billion by 2030.
Even though the Indian Economy slowed down to 5.4 per cent in the second quarter, it will grow in the range of 6.5 to 7 per cent this fiscal, voiced Chief Economic Advisor (CEA) Anantha Nageswaran on Thursday.
India has been growing rapidly amidst a slowing global economy due to the Government's prudent fiscal management for macroeconomic stability, CII director Chandrajit Banerjee said on Sunday.
It cautioned that overly aggressive targets beyond these could adversely affect India's economic growth.
