The first one is that Prime Minister Modi and his cabinet have fully heard and understood the message from the outcome of the last elections, i.e. the frustration from segments of the population that the country GDP growth in the last few years, as commendable as it has been, has to some extent, left them on the sidelines. Hence, a number of measures have been proposed reflecting more attention to those at the bottom of the pyramid such as additional resources allocated to rural development, to improving the condition of women, and to create more employment opportunities for the unemployed people.
The schemes to incentivize job creation, five million new job opportunities for adults and three million for young people, along with additional effort on education, skilling and employability should, if well implemented, kill two birds with one stone. It should help address the plight of the country's unemployed and contribute to expanding the manufacturing base of the country, in line with the "Make in India" priority policies of the government.
Denne historien er fra July 24, 2024-utgaven av Business Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra July 24, 2024-utgaven av Business Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Investors temper Budget hopes even as market gains in Modi 3.0 fade
The equity markets are approaching the Union Budget with tempered expectations, even as gains made during Prime Minister Narendra Modi's third tenure have been erased.
INDIA AIMS TOWARDS A SUSTAINABLE FUTURE AT BHARAT MOBILITY GLOBAL EXPO 2025
Bharat Mobility Global Expo 2025 - The Components Show highlighted India's leadership in sustainable mobility, showcasing its commitment to green vehicles, energy efficiency, and smart transportation. With increased manufacturing, exports, and technological advancements, India is shaping a collaborative, sustainable automotive ecosystem, ensuring a bright, green future in global mobility.
Cabinet extends National Health Mission for 5 years
The Union Cabinet on Wednesday decided to extend the National Health Mission (NHM) by another five years, after reviewing the scheme's progress over the last three years.
From 2-year lull to liftoff, IT placement engine roars back
After two years of sluggish hiring, Indian engineering colleges are witnessing a strong placement season, with major information technology (IT) services firms ramping up recruitment for 2025-26 (FY26).
Sebi proposes ₹250 SIPs, subsidised charges on cards
The Securities and Exchange Board of India (Sebi) has proposed bit-sized systematic investment plans (SIP) of ₹250 in a step to increase the mutual fund footprint in the underserved section of the country.
Bharat Mobility Global Expo 2025 Kicks Off With Innovation, Sustainability and Collaboration at its Core
India's largest Components Show showcases 1100+ exhibitors, groundbreaking technologies, and the country's aspirations as a global hub for automotive innovation
Rupee rises 26 paise, hits 86.33/$
The rupee settled higher against the dollar on Wednesday after a choppy trade due to a fall in the dollar index as the markets continue to analyze President Donald Trump's actions on tariffs and oil production.
BPCL profit up 19.6% on improved ops
State-run Bharat Petroleum Corporation (BPCL) reported a 19.6 per cent rise in net profit (attributable to the owners of the company) for the third quarter of the financial year 2025 (Q3FY25), on the back of improved performance.
Expect rural demand to keep recovering gradually: Jawa
Citing the subdued demand trend, Jawa, in a release, said: \"In this operating context, we delivered competitive growth by driving unmissable brand superiority, investing behind brands and capabilities whilst maintaining healthy margins.\"
12 Dead as Passengers Jump on Rail Tracks
FIRE RUMOURS ON PUSHPAK EXP