An unstated shift in Modi’s economic direction
‘ELI is certainly a concrete new idea to alleviate the capital-labour imbalance and jobless growth woes of India’s economy’ | Photo Credit: Getty Images/iStockphoto “We are nudging industry to use less automation and more labour,” said Finance Secretary T.V. Somanathan in a post-Budget interview. He was referring to the Narendra Modi government’s Budget announcement of…
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