BUDGET
Budget needs to focus on local infrastructure to enable creation of jobs
Post-pandemic structure of the job market shows retrogression, with a part of the workforce going back to agriculture. This trend has acted as a drag on earnings growth of labour. Research shows that the multiplier from public investment in local infrastructure comes through MSMEs and feeds into a positive environment for job creation. That should be a focus area in the budget
BUSINESS
Budget must open a pathway to an employment policy
Budget 2024-25: India’s demographic dividend will end by 2040. We need a policy to double the share of salaried workers to 50% within 15 years. It doesn’t need more money but a conscious effort and strategising
BUSINESS
PLFS data cannot be a measure of widespread hunger and the rise in poverty





