05 Mar 2019 Changing Market DynamicsThe global economy has witnessed true transformation in the past few years. Factors like globalization, improved technology, demographics, and automation have rendered the job market more dynamic than ever. New jobs are replacing the old ones and there is an augmented need of skills and…
Browsing CategoryEconomy
Payroll Reporting in India: Commendable but Long Road to Go
25 Feb 2019 Employment has emerged as an important subject in the development agenda of most national Governments and several international organisations over the past two decades. In the developed countries, persistently high and increasing unemployment rates have given rise to renewed concern for job creation, while in many developing…
Facilitating Gainful Employment: Opportunities & Challenges
21 Feb 2019 From an economic perspective, this is indeed India’s moment. India was the fastest growing major economy in 2018 and is expected to retain its numero uno position even in 2019. According to the IMF, the GDP print is estimated to rise to 7.3 per cent in 2018…
Solopreneurs: The changing face of business
20 Feb 2019 The line of distinction between freelancers and solopreneurs who constitute the gig economy, is rather thin; while the former works for others by means of contracts, the latter’s goal is to build up a business with services and products of their own. Interestingly, the gig economy profession…
People-friendly Budget strikes the right note
11 Feb 2019 The interim finance minister has presented a coherent, purposeful and balanced Budget which is fully aligned towards meeting the social and economic goalposts envisioned for the country. It strives to address the key socio-economic challenges even as it tries to maintain fiscal discipline and strengthen the momentum…
A Growth Driver
07 Feb 2019 The Budget provides relief to many sectors The presentation of the Interim Budget is to be seen in the context of various headwinds that are facing the Indian economy, including slower global growth and trade rates, subdued consumption, and farmer stress. At this time, it was necessary…
Towards a $1 Trillion Manufacturing Economy
29 Jan 2019 The share of manufacturing in GDP has been trending at 16-17% for some years now. The Government has set a target of taking this share to 25% of GDP by the turn of 2025. India has the potential to become a $5 trillion economy in seven years,…
CII Pre-budget Memorandum 2019-20
22 Jan 2019 The country’s Union Budget 2019-20 is expected to be presented in Parliament on 1 February. However, this year it is going to be a bit different. In view of the upcoming elections, we expect it to be a vote on account, and not a full fledged budget.…
Kerala – India’s 2nd best Investment destination
18 Jan 2019 The fiscal position of most of the non-special category states improved in FY18 with their combined fiscal deficit to GDP ratio standing at 3.1 percent as against an elevated 3.5 percent in FY17. This is essentially because states such as Maharashtra, Haryana, Gujarat and Tamil Nadu succeeded…
GST Will Improve Our Competitiveness
14 Jan 2019 The economy will benefit as the tax is ushering in higher transparency, lowering transaction costs and improving compliance Once again, the GST Council has made important modifications to the GST regime that will reinforce its growth potency. By raising thresholds, lowering frequency of returns and including services…