Modi's reform agenda not done yet even as India's new tax launched
Tue, Jul 04, 2017 - 5:50 AM
New Delhi is likely to turn its focus to creating jobs. While India is one of Asia's fastest-growing economies, job creation was the slowest on record in 2015, with 135,000 net new jobs in the formal sector of the economy against the 12 million estimated entrants to the workforce.
WITH a landmark goods and services tax now rolling out across India, Prime Minister Narendra Modi is likely to turn his focus to job creation and other key economic reforms.
Further big structural steps, such as revamping India's land acquisition and labour laws, are...