This issue of Outlook Business serves as a platform for the country's investors, economists, stockbrokers and industrialists to articulate a demand draft for the new government; all of them advocating policy continuity.
Historical precedents remind us of significant shifts triggered by new administrations, from the nationalisation of coal mines and banks to drastic changes in income tax rates. The 1990s saw the liberalisation of the economy, while the Narendra Modi government's tenure since 2014 introduced transformative measures like goods and services tax, demonetisation and the production-linked incentive scheme.
These insightful contributions offer invaluable guidance to policymakers, ensuring that the momentum of the country's economy remains unhindered. At stake is not only India's trajectory towards becoming a developed nation by 2047 but also the aspirations of its youth, who yearn for employment opportunities commensurate with their ambitions.
Esteemed voices from various sectors offer nuanced perspectives and pragmatic recommendations to steer India's economic trajectory. From calls for regulatory reforms to suggestions for bolstering infrastructure and fostering innovation, each column presents a roadmap for sustained growth and prosperity.
As the nation anticipates the swearing-in of its next prime minister, it is imperative that the incoming government heeds the collective wisdom encapsulated in these pages. By embracing policy stability and building upon existing frameworks, India can navigate the complexities of a dynamic global landscape and emerge stronger and more resilient.
This edition showcases divergent voices from divergent stakeholders; the unifying theme is a charter of demands that would smoothen India’s growth to a developed nation. The new government must be open to hearing different, and even critical, voices. Only consensus among stakeholders will help propel the country forward.
Denne historien er fra June 2024-utgaven av Outlook Business.
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Denne historien er fra June 2024-utgaven av Outlook Business.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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'Automation is Redefining Efficiency and Precision in Jewellery Manufacturing'
Increasing brand consciousness and awareness among consumers is helping expand the organised jewellery retail industry. MP Ahammed, chairman of Malabar Group, discusses prominent trends in the jewellery industry
BATTLE TO WIN THE AI RACE
In Supremacy, Parmy Olson tells the astonishing and behind-the-scenes story of the battle between the world’s two leading artificial intelligence firms, OpenAl and DeepMind and the continuing rivalry of its founders Sam Altman and Demis Hassabis respectively
A LEADER WHO EMPOWERS
Anshul Arzare, MD and CEO of YES SECURITIES, wants to ensure a workplace where employees not only contribute to the company's vision but also feel content
EV Unplugged
Electric vehicles are crucial to India’s climate change plan. But reliance on China for imports and technology constraints remain hurdles the sector needs to overcome
Every Lamborghini Owner is a Brand Ambassador
Regional director of Automobili Lamborghini, Francesco Scardaoni, talks to Prachi Khanna about the brand’s approach to fostering a sense of community among its vehicle owners. Edited excerpts
NO ZEST FOR ZED
A government initiative to green MSMEs is not finding enough takers
SMALL PLANTS, BIG TROUBLE
Climate-triggered stress is placing an unprecedented burden on small businesses. But a lack of access to climate aid hinders the sector's ability to adopt greener methods
'We Think About the Rider More Than Any Other Company
Rapido co-founder Aravind Sanka talks to Neeraj Thakur and Deepsekhar Choudhury about how flexibility and fair pay helped his company disrupt the Ola-Uber duopoly. Edited excerpts
LABOUR PANGS
Rising cost of living in a fast-growing economy is making workers restless
'Hustle is No Virtue'
It has become fashionable to talk about the verb “hustle” these days, especially in professional settings.
