When there are whispers and murmurs in some corridors about the need for re-evaluating the inflation targeting framework component, or tinkering with the yardstick of price pressures measurement, the message from the central bank governor was unequivocal: Don’t tamper. Apart from conveying his determination to bring inflation down to 4% as mandated by law, governor … Read more
The Indian corporate sector has reported significant financial growth in recent years, yet this prosperity has not translated into proportional increases in job creation or employee compensation, according to the Economic Survey for 2023-24. Financial Performance vs. Hiring Trends The Economic Survey highlights that the corporate sector’s profits have surged, with over 33,000 companies showing … Read more
If Indians don’t lose weight, they can forget about becoming a developed economy, a long-term goal set by the government. It”s widely argued that it is the Indian economy’s moment to shine because it has a big demographic dividend, and a large population of youth which can turn into a huge productivity boost, especially when … Read more
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
