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Minister S Suresh Kumar pointed out that unorganised work force in Karnataka was huge and according to 2011 numbers, it is to the tune of 2 crore people. Protecting their interest and providing them facilities was government's duty.
India is being pragmatic about its energy use, looking for alternatives but not sacrificing energy consumption that's vital for a growing economy. India scores 50 in sustainable energy, a mid-point score that fits with its current realities.
In the new policy, changes are expected in incentives given to goods as the current export promotion schemes are challenged by the US in the dispute resolution mechanism of the World Trade Organisation (WTO).
Guruprasad Mohapatra said the proposal is being sent to the Union Minister Piyush Goyal for approval, the new mechanism will help in all approvals and clearances that a company requires to set up a plant in a state or district or town.
Emerging markets have been the biggest beneficiaries of the globalisation making them competitive. As the phenomenon loses its sheen in advanced economies, here's what lessons the emerging economies should draw from it.
The department for promotion of industry and internal trade (DPIIT) has initiated an in-house exercise to identify additional sectors for easier FDI rules before it takes them up with the ministries concerned, sources said.
The proposal to increase the superannuation age for drawing pension under the scheme is expected to help a beneficiary grow his/her pension kitty, while also aiding the pension fund in reducing its deficit.
The second annual India Leadership Summit would also be attended by former US Secretary of State and statesman Henry Kessinger, Condoleezza Rice, India's External Affairs Minister S Jaishankar among others.
According to the Union Housing and Urban Affairs Ministry which is mandated to implement the ambitious scheme of Prime Minister Narendra Modi, 53.40 lakh houses were grounded a few days back while 27.17 lakh houses have been completed.
She stated that in pursuing investment-led growth, one should not neglect sustainability, efficiency and transparency in debt and tax policies. She said IMF should provide solutions that are specific to important growth geographies.
India views "the lack of adequate support for a quota increase under the 15th General Review of Quotas as somewhat disappointing", Union Finance Minister Nirmala Sitharaman said in her address to the annual meeting of the IMF in Washington.
Govt looking beyond mobile phones manufacturing, seeks inputs for MSIPS-like incentive package. MSIP scheme provides multiple incentives tax holiday for certain years, capital subsidy and reimbursement of central taxes and duties.