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Accountablility by Government bodies

 
Created by : Mohammad Bakhsh, Consultant(Civil), Rail Vikas Nigam Limited  | 04 08 2012 06:48:58 +0000
Activity:  453 views;  last activity : 04 12 2012 13:24:36 +0000
 
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Acceleration of investment into manufacturing Vs Scaling up of skill sets of the growing work force
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India is far behind China,the world's greatest manufacturing power. With rising wages in China,foreign investors are worried and waiting for some other places. India can seize the opportunity with its less expensive skilled work force.A top priority for the economy should be acceleration of investment into manufacturing.Quick actions on fronts like,lowering interesr rates,cutting restrictions on foreign investments,market friendly procedures for land securing and raw materials. This risng cost of "China Made products "has given a unique opportunity to India to expand manufactuirng and gain a larger share of global market.


By Mohammad Bakhsh, Consultant(Civil), Rail Vikas Nigam Limited  04 08 2012 06:48:58 +0000
 
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investment on mnfs sector no doubt raises employment followed by income which in turn pushes the production and finally the raise in the general price level which is tantamount to inflation. But what is needed at this hour is a strong economic policy to meet out any type of eventualities crops up.Unless we define our policies in real term nothing can b said and done.
By sudhakar , BUSINESS CONSULTANT  | 04 12 2012 13:24:35 +0000
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