According to him (Rahul Gandhi), this was possible by connecting the existing skills of the country to the financial system. India had a large number of skilled persons. The task would be to bring them under a value chain by connecting them with the financial system.
It is known that increased mechanisation, use of artificial intelligence, the fourth industrial revolution, etc. are some of the buzz words in business media, business meetings and corporate boardrooms. But the necessity of the human element in production units is the key to any successful business. It is not that more employment means a bigger market, thereby higher demand in an economy, which ultimately helps the economy. The biggest and most successful industrialists consider that the key to success is proper utilisation of human inputs in production. Human beings are the masters of technology. But before coming to the main analysis, let us look for a similar view about the Indian economy by political leaders.
In a recent question and answer session in Bangalore between Congress President Rahul Gandhi and start-up entrepreneurs, he stressed on employment generation. The problem of unemployment reached its peak in the last fifty years and is being considered as one of the most serious failures of the present government.
Denne historien er fra May 1-15, 2019-utgaven av BUSINESS ECONOMICS.
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Denne historien er fra May 1-15, 2019-utgaven av BUSINESS ECONOMICS.
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Deposit shortage: challenges facing India's banking ecosystem
In any macroeconomic framework, the household sector plays a critical role as a driver consumption, savings, and overall economic activity.
India's future dreams in Semiconductors & AI
A midst the gloom of the RG Kar affair or the Tirupati laddu scam or even the continued terrorist attacks in Jammu & Kashmir, even after the completion of the first general election in the state, we find hope and encouragement when the founder of Nvidia, Jensen Huang, in his recent visit to India says \"India will be a gigantic opportunity for us\".
The Ramayana: Justice and Modern Man
Consisting of Twenty-Four Thousand worthy Sanskrit verses, the Ramayana is one such epic, which provides a pathway to one committed to justice to establish himself as an ideal human being by following the exemplary life of its hero.
Vallabhbhai Patel: A Sardar of Farmers, A Matchless Social Reformer and the Maker of United India
Sardar Vallabhbhai Patel was instrumental in unifying the princely states to form the Union of India.
Understanding Prosperity: NOBEL Prize awarded for groundbreaking research on institutions and economic development
The Royal Swedish Academy of Sciences has awarded the Memory of Alfred Nobel to three US-based economistsDaron Acemoglu, Simon Johnson, and James A. Robinson\"for their studies on how institutions are formed and affect prosperity.\"
Sinking Resources: Groundwater crisis and sustainable solutions in Kolkata
Kolkata's underground water crisis is becoming a serious issue, driven by rapid urbanization and the construction of high-rise buildings.
Tourism Industry positively impacted by the festive season
Diwali transforms streets into a spectacle of festive lights, Diwali transforms streets into olis, and families gearing up for grand celebrations.
RBI's Shift to a Neutral Stance: Signaling a New Phase in Monetary Policy
For over a year, the Reserve Bank of India (RBI) has taken a firm stance against inflation, raising interest rates by 250 basis points between May 2022 and February 2023 in response to post-pandemic price pressures.
UK Budget
There _ he latest UK budget represents a departure from previous fiscal documents.
Han Kang's Historic Nobel Prize Win
The 2024 Nobel Prize in Literature has been awarded to T South Korean writer Han Kang, 53, known for her works including The Vegetarian, The White Book, Human Acts, and Greek Lessons.
