We get leverage when China invests in India, says Finance Commission chairman Arvind Panagariya

We get leverage when China invests in India, says Finance Commission chairman Arvind Panagariya

Chinese investments in India should be allowed, barring those that carry security risks, said leading economist Arvind Panagariya, who is chairman of the 16th Finance Commission. This will also give India leverage against China, he told Deepshikha Sikarwar in an interview. In his latest book, India’s Trade Policy, a collection of writings on trade policy, … Read more

Apprenticeship scheme needs structure and monitoring to succeed: Experts | News

Apprenticeship scheme needs structure and monitoring to succeed: Experts | News

Dr. Hema Bajaj, Head faculty, MBA – HR, NMIMS, Ruhie Pande, Group CHRO, Sterlite Power, Amit Das, NOVO Nordisk India, Dr. Suryanarayan G. Iyer, Head, Human Capital Management Cloud Solution Engineering Team, Oracle India at the BSmart HR Conclave 4 min read Last Updated : Aug 28 2024 | 7:21 PM IST While the … Read more

Economic Survey 2024: PLI scheme for auto sector sees investment proposals worth Rs 67,690 crore

Economic Survey 2024: PLI scheme for auto sector sees investment proposals worth Rs 67,690 crore

NEW DELHI: The production linked incentive scheme (PLI) for automobile and auto components has so far attracted a proposed investment of Rs 67,690 crore, said Economic Survey 2023-24 tabled in Parliament on Monday. A capital of Rs 14,043 crore has been invested till end-March 2024, it stated. Applicants have proposed employment generation of 1.48 lakh, … Read more

Economic Survey pitches for more FDI from China

Economic Survey pitches for more FDI from China

New Delhi: Amidst strained ties with China, the pre-budget Economic Survey on Monday made a strong case for seeking foreign direct investments (FDI) from Beijing to boost local manufacturing and tap the export market. As the US and Europe are shifting their immediate sourcing away from China, it is more effective to have Chinese companies … Read more

MGNREGS work demand not directly correlated to rural distress: Economic Survey

MGNREGS work demand not directly correlated to rural distress: Economic Survey

MGNREGS work demand does not directly correlate with increased rural distress at a micro-level and data from Financial Year 2024 shows states like Kerala and Tamil Nadu, with relatively lesser poor population, use more funds under the flagship rural employment scheme, according to the Economic Survey. The survey found there is a marked variation in … Read more

Capex Sees Three-Fold Rise Compared To 2020, Roads, Railways Major Beneficiaries: Economic Survey

Capex Sees Three-Fold Rise Compared To 2020, Roads, Railways Major Beneficiaries: Economic Survey

To overcome the pandemic-driven economic slowdown, the Union government focused on increasing capital expenditure aimed particularly at creation of high quality physical and social infrastructure facilities, said the Economic Survey 2023-24 tabled by Union Minister of Finance and Corporate Affairs Nirmala Sitharaman in Parliament on Monday. Keeping the momentum going over the past five years, … Read more

Economic Survey highlights urgent need for structured elderly care policies in India

Economic Survey highlights urgent need for structured elderly care policies in India

New Delhi: India’s rapidly aging population underscores the urgent need for a comprehensive policy framework to address the growing care demands of its elderly citizens, according to the Economic Survey tabled in the Parliament on Monday. Coupled with insights from a NITI Aayog position paper, the survey pointed out that the elderly care industry in … Read more

Wealth has to be properly distributed: Rahul Gandhi

Wealth has to be properly distributed: Rahul Gandhi

Congress leader Rahul Gandhi on Saturday reiterated that the party’s promised caste census and economic and institutional survey would shed light on the social representation in the system as well as how wealth is distributed. Stressing on the need to correct the manner the nation’s wealth is currently concentrated among a few, he said the … Read more

Delhi govt giving skills training to 1300 beggars identified before G20 Summit: Economic Survey

Delhi govt giving skills training to 1300 beggars identified before G20 Summit: Economic Survey

New Delhi: The Delhi government is providing skills training to more than 1,300 beggars who were identified in a survey conducted before the G20 Summit in the national capital last year, according to the city’s Economic Survey. Finance minister Atishi presented the Economic Survey of the city in the Delhi Assembly on Friday. The Department … Read more