 "CEA K Subramanian")
Chief Economic Advisor (CEA) Krishnamurthy Subramanian on Monday said the government is converting the Covid-19 crisis into an opportunity to have labour-intensive economic growth. This, he said, is a shift from jobless growth seen in the past.
He said reforms being undertaken by the Narendra Modi government would benefit the silent majority, but the ‘status-quoist minority’ is more vocal.
Addressing a Confederation of Indian Industry event, Subramanian said, “The agricultural changes, micro, small and medium enterprise (MSME) definitional changes, production-linked intensive (PLI) scheme, labour reforms are all an attempt to change the macroeconomic configuration of the economy towards
He said reforms being undertaken by the Narendra Modi government would benefit the silent majority, but the ‘status-quoist minority’ is more vocal.
Addressing a Confederation of Indian Industry event, Subramanian said, “The agricultural changes, micro, small and medium enterprise (MSME) definitional changes, production-linked intensive (PLI) scheme, labour reforms are all an attempt to change the macroeconomic configuration of the economy towards
