Further, the drivers should be provided insurance and their health and safety ensured, while through cabin regulation their working conditions must be mandated, Vipin Sondhi added.
Measures such as easy access to working capital and liquidity through banks and NBFC's, providing interest free and collateral free loans; introduction of an incentive for MSME's to help them pay salaries and wages to their employees in these times need to be considered by the government.
CNBC-TV18‘s Ronojoy Banerjee spoke to Naushad Forbes, President, CII, Vipin Sondhi, MD & CEO, JCB India, Rajiv Memani Chmn - Global EMs Committee EY, Chandrajit Banerjee Director General, CII who gave their views on Union Budget 2017-18. Here‘s what they had to say.
The role of manufacturing is changing. India is riding on the anvil of major reforms and is poised to become the third-largest economy of the world by 2030 but how can India‘s manufacturing sector integrate its 400 million labour pool with its research community?
The government has, though, tried to expand the tax space, gone in for simplification in tax laws, emphasized on tax dispute resolution and come out with ways to benefit the lower income groups, says Rajiv Memani, Chairman of India Region, EY.
Wipro Ltd. (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services
Overdrive speaks to Vipin Sondhi, the CEO and Managing Director of JCB India Limited.
JCB’s strategy of taking the retail route in India has paid rich dividends, but can it protect its turf in the wake of more intense competition?