The optimistic approach about the future is fuelled by higher growth forecasts by IMF.
The move may also help improve delivery of services related to pensions, employee provident fund and insurance for workers before next year’s general election
PM Modi said the government has to work like an “enabler” and not an “obstructer”, maximizing productivity and optimizing processes
"We ensured that the advantages of technology are not restricted to a select few but are there for all sections of society. We strengthened the network of CSCs," Modi said.
Of the 3.1 million new additions across age groups, 1.85 million jobs were created in the 18-25 age group, considered a proxy for new jobs
Innovation and entrepreneurship are the keys to boost manufacturing and job creation, contrary to fears that automation may stunt jobs, say IT industry experts.
Opposition in Rajya Sabha today insisted that demonetisation has had an adverse impact on job creation in manufacturing and other sectors, with the government rebutting the argument saying existing data does not back such a claim.
Ravi Uppal, the Managing Director and Group CEO of Jindal Steel and Power says he hopes the government will reduce the corporate tax rate to 25 percent in this Budget.
Government expects job creation under Prime Minister's Employment Generation Programme (PMEGP) "to improve" in the coming days, notwithstanding the consistent decline witnessed in the number of jobs created under the scheme since 2012-13.
Citing incidents of student unrest in institutions, the President emphasised upon a harmonious and peaceful environment for students to pursue higher studies and asked government departments concerned to facilitate academic leaders.
Welcoming a move to develop "giant" special economic zones in coastal areas, industrialist Anand Mahindra today warned that without job creation on a war footing our "demographic dividend can turn into a disaster".
The total employment generation in 2015 stood at 1.35 lakh compared with 4.21 lakh in 2014, Commerce and Industry Minister Nirmala Sitharaman said in a written reply to the Lok Sabha, quoting the Labour Bureau's quarterly quick employment survey.
The estimated employment for export-oriented sector saw a net addition of 1.22 lakh persons in January-December 2015, she added.
With the decision on diesel vehicle ban in Delhi still pending, the Kerala government is now mulling a green tax to reduce pollution in the state.
Speaking to CNBC-TV18, he says the overall theme of â€œlower regulatory cholesterol for job creationâ€ has been on for last few years and significant improvement has been seen in terms of job creation.
Commerce Minister Nirmala Sitharaman, however, refrained from giving any timeline on job creation saying some sectors might see immediate employment generation while some by nature will have longer gestation periods and may take longer.
Government's move to relax FDI norms in sectors, including civil aviation, single brand retail, defence and pharma, will help attract big investments and boost job creation, India Inc said on June 20
IKEA Group, the world's largest furniture retailer, purchased land in Mumbai in what will be the the Swedish firm's second retail store in India after it opens the first in the southern town of Hyderabad next year
The MSME Ministry today emphasisedon the need for using information technology for good governance and employment generation in the sector.
Targeting a realistic 11 percent increase in tax revenue in 2016-17, the Budget has attempted to make domestic industry competitive, fuel demand and create jobs, Revenue Secretary Hashmukh Adhia said
This will be the second full-fledged Budget of the ruling NDA government, and will be unveiled in Parliament on February 29.
Make in India, the program that is the centerpiece of the Indian government`s drive to attract fresh foreign investment and spur job creation, has scored some early wins, but shortcomings may stymie future successes.
The Finance Minister counted five major challenges faced by the Indian economy which are agricultural income under stress, weak private sector investment in infrastructure, decline in manufacturing, resource crunch in view of higher devolution in taxes to states and maintaining fiscal discipline.
The growth target, which is set to be announced by Premier Li Keqiang at the annual parliament session in March, was endorsed by top party leaders and policymakers at a closed-door Central Economic Conference in December, said a number of people with knowledge of the outcome of meeting who spoke to Reuters.