Saturday, Jan 25 2020 | Time 14:25 Hrs(IST)
image
  • Two security personnel, civilian injured in Srinagar attack
  • India, Brazil ink pacts on animal husbandry, bio energy & cyber security
  • Encounter breaks out between militants, SF in south Kashmir
  • Chinese authorities send 1,230 doctors to fight coronavirus outbreak in Wuhan
  • Only one-way traffic on highway, vehicles to ply from Jammu to Srinagar
  • State to bring amendment to Land Reforms Act: Yediyurappa
  • Amazon Prime Video creates Guinness World Record with LIVE performance of 'The Forgotten Army-Azaadi Ke Liye'
  • Amazon Prime Video creates Guinness World Record with LIVE performance of 'The Forgotten Army-Azaadi Ke Liye'
  • Delhi Assembly polls: Kejriwal holds road show in Karol Bagh
  • PM meets Prez Bolsonaro: India, Brazil ink 15 MoUs on multiple sectors
  • New tourist destinations in North Bengal
  • There is 'evidence' of anti-national conspiracy at Shaheen Bagh: BJP
  • Comprehensive security cover put in place in Southern districts of TN ahead of Republic Day
  • Delhi polls: EC notice to BJP's Tajinder Pal Singh Bagga over campaign song video
  • ULB election : TRS heads towards a big win
Business Economy


India: step up reform efforts to increase quality jobs and incomes, says OECD

New Delhi, Dec 5 (UNI) India is set for a modest recovery after a loss of momentum, as reforms to simplify taxation, lighten business regulations and upgrade infrastructure start to bear fruit, according to a survey.
Further reforms to modernise the economy are now needed to drive the creation of high-quality jobs, as well as measures to improve public services and welfare, states a new OECD report, presented on Thursday.
The latest Organisation for Economic Cooperation and Development Economic Survey of India notes that while the country has greatly expanded its participation in global trade in recent years, private investment remains relatively weak, the employment rate has declined amid a shortage of quality jobs, rural incomes are stagnating, and per-capita income varies considerably across states.
''India is now well established as a growth champion and a major player in the global economy,'' said the Paris-based OECD Chief Economist Laurence Boone, launching the Survey in New Delhi. ''However, this slower pace of growth underlines the need to fully implement existing reforms and continue lowering barriers to trade to generate the investment and jobs India needs to raise living standards across the country.''
The 36-nation OECD Survey sees India’s GDP growth recovering to 6.2% in 2020 and 6.4% in 2021 after dipping to 5.8% in 2019 following several years of robust growth. Restoring growth to the higher levels needed to provide ample jobs and ease inequality will require accelerating the pace of structural reforms to revive investment and exports.
More UNI RP2032
More News

Kozhikode Oil Market

25 Jan 2020 | 2:08 PM

Kozhikode, Jan 25 (UNI) Following were the rates in the
Kozhikode Oil Market today per quintal.

see more..

Kozhikode Spices market

25 Jan 2020 | 2:06 PM

Kozhikode, Jan 25 (UNI) Following were the rates in the
Kozhikode Spices market today per quintal.

see more..

Kozhikode Rubber Market

25 Jan 2020 | 2:05 PM

Kozhikode, Jan 25 (UNI) Following was the rate in the Kozhikode
Rubber Market today,
RMA LOT (RSS-4)13,500,(RSS-5)12,500.

see more..
Sugar rates steady

Sugar rates steady

25 Jan 2020 | 1:44 PM

Kolhapur, Jan 25 (UNI) The prices of M 30 and S 30 grades of sugar rates remained steady in Kolhapur sugar market on Saturday to Rs 3280/3300 and Rs 3180/3200 per quintal respectively.

see more..

Chennai Oil Market Rates

25 Jan 2020 | 12:12 PM

Chennai, Jan 25 (UNI) Following are the rates in the
Chennai Oil Market here today.

see more..
image