Gap between profit growth, capital formation & hiring must...

Dununu.com Dununu

Sponsor

Gap between profit growth, capital formation & hiring must narrow for India to sustain 6.5% growth: CEA

RSS Feed Business

Posted

104

Chief Economic Advisor Nageswaran urged India Inc to increase capital expenditure and align worker compensation with profitability for sustained economic growth. He highlighted the need to close the gap between rising profitability and slower capital formation to achieve a minimum 6.5% real growth. Nageswaran also emphasized trust-based collaboration between government and the private sector to achieve 'Viksit Bharat' by 2047.

Read Full Article

Please log in to like, share and comment!

Trump’s 50 per cent tariff on steel and aluminium imports threatens India’s $5 billion export sector: Experts

India's engineering exports face significant headwinds as the US prepares to impose a 50% tariff...

By 0 4

'It is not a restriction': Maruti says no immediate impact from China's magnet export curbs

Maruti Suzuki reports that its production remains unaffected by China's rare earth magnet export...

By 0 4

Virat, and Anushka's dreamy Dubai photos break the internet

As fans gear up for the IPL final on June 3, Royal Challengers Bengaluru star Virat Kohli and...

By 0 7

'Gratitude for verdict': Stalin after Anna University sexual assault case accused awarded life sentence

By 0 10

Over 2.5 tonnes of explosives looted by Maoists recovered by security forces

By 0 10