Profit Growing, Hiring, Salaries Not So Much: Centre's Message To India Inc
NDTV
The Centre has stressed that job creation happens mainly in the private sector and said it is in the interest of the companies to "step up hiring and worker compensation".
The corporate sector in India has been posting impressive financial performances, but recruitments and salary growth of employees have not kept up with the companies' profit, the government has said in the Economic Survey for 2023-24.
Stressing that job creation happens mainly in the private sector, the government said, "In terms of financial performance, the corporate sector has never had it so good. Results of a sample of over 33,000 companies show that, in the three years between FY20 and FY23, the profit before taxes of the Indian corporate sector nearly quadrupled... Hiring and compensation growth hardly kept up with it. But, it is in the interest of the companies to step up hiring and worker compensation."
The Economic Survey also underlined that many issues that influence economic growth, job creation and productivity lie in the domain of state governments. It called for a tripartite compact between the Centre, the states and the private sector "to deliver on the higher and rising aspirations of Indians and complete the journey to Viksit Bharat by 2047".
These birds appear to be affected by a kind of paralysis, clear symptoms of avian botulism which has sent alarm bells ringing at the famous Sambhar salt lake of Rajasthan
The government had intended to cut the trees to construct a flyover linking Dighalipukhuri and Noonmati in Guwahati.
Jagan Reddy is the son of the late Dr YS Rajasekhara Reddy (YSR), two-time former Chief Minister of Andhra Pradesh.
Parag Shah's property has increased by 575 per cent in the last 5 years. In the 2019 assembly elections, he had mentioned his assets value as Rs 550.62 crores.
The Deepotsav showcased the spiritual, traditional, and cultural essence of the holy city, with performances by artists from six countries
The IAS officer termed the lawmaker's claims "baseless" and an unsuccessful attempt to get political mileage.
Sanjiv Khanna has preserved all the copies of Justice HR Khanna's judgments, notes, registers, sources said. He wants to donate them to the Supreme Court's library once he demits office.
A bench of Justices Bela M Trivedi and Satish Chandra Sharma said if the court was satisfied on merits, it should either grant bail or reject it.
Deputy Inspector General of Police Satinder Singh said the gangsters were brought to the spot where they had concealed the weapons according to their disclosure statement to police.
Gufran, a tattoo artist in Noida, was arrested after Mumbai Police started investigating a threat message sent to Zeeshan Siddiqui's office
US Ambassador to India Eric Garcetti has shown his Bollywood dance skills in the past as well.