India Inc: Need to create jobs, curb inflation

India Inc: Need to create jobs, curb inflation

FPJ BureauUpdated: Saturday, June 01, 2019, 04:55 PM IST
article-image

New Delhi : Concurring with Prime Minister Manmohan Singh, India Inc said more efforts are needed for reviving the manufacturing sector, promoting SMEs and removing supply constraints to bring down food prices.

“Increase in food supplies as also improved marketing and logistic support are crucial to rein in inflation especially pertaining to food prices,” CII Director General Chandrajit Banerjee said after Singh’s conference.
Assocham President Rana Kapoor said: “The manufacturing sector could not generate the desired number of jobs. The reason for this was economic slowdown, coupled with lack of determined policies to give a great push to the manufacturing. SMEs hold the key to job creation, which should be encouraged.”

RECENT STORIES

HCL Tech Q1 FY26 Results: Net Profit Falls 10% To ₹3,843 Crore, Revenue Up 8% YoY; Declares ₹12...

HCL Tech Q1 FY26 Results: Net Profit Falls 10% To ₹3,843 Crore, Revenue Up 8% YoY; Declares ₹12...

Income Tax Dept Raids 150 Locations Across Country Against Fraudulent Tax Benefits And Fake TDS...

Income Tax Dept Raids 150 Locations Across Country Against Fraudulent Tax Benefits And Fake TDS...

Income Tax Dept Launches Nationwide Crackdown On Fake ITR Deductions; ₹1,045 Crore In False Claims...

Income Tax Dept Launches Nationwide Crackdown On Fake ITR Deductions; ₹1,045 Crore In False Claims...

InGovern Flags Regulatory Loopholes As Viceroy Report On Vedanta Sparks Concern Over Unregulated...

InGovern Flags Regulatory Loopholes As Viceroy Report On Vedanta Sparks Concern Over Unregulated...

Kesoram Industries’ Q1 Loss Widens To ₹99.3 Crore, Revenue Drops 9.3% YoY

Kesoram Industries’ Q1 Loss Widens To ₹99.3 Crore, Revenue Drops 9.3% YoY