"The integration of these two databases will help us in observing the real-time to and fro movement of unorganised sector workers to the formal sector and vice versa, which will then aid us in designing targeted welfare policies," the official told Business Standard.
Currently, the labour ministry is working to merge the 300 million unorganised workers' strong e-Shram database with various welfare schemes of the central and state governments.
This story is from the September 23, 2024 edition of Business Standard.
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This story is from the September 23, 2024 edition of Business Standard.
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FY25 as weak-earnings year is gradually getting priced in
Even as many blame record foreign portfolio outflows for the market downturn, the real culprit is weak earnings amid rich valuations, says GAUTAM CHHAOCHHARIA, head of global markets, India, UBS. In an interview with Samie Modak in Mumbai ahead of the UBS India Summit, Chhaochharia highlights that 2024-25 (FY25) weak earnings growth is now factoring into market expectations. Investors are shifting their focus to the actions of the Reserve Bank of India (RBI) and the central government, as well as the outcome of upcoming state elections. Edited excerpts:
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