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From national floor wages to fixed-term employment, the reforms introduce long-awaited changes, but uniform state-level adoption is key to avoiding fresh complexity
For India to grow rapidly it needs to create more jobs and opportunities for the youth
With a median age of 28.4 years, it is a young India that would reinforce the country's competitive advantage and unleash the consumption potential of the economy
The government has exuded confidence that despite an election year, it has stayed committed to enhancing the quality of its spending
Strap: On the tax front, the key development is making the concessional tax regime the default option
Long-term investment in infrastructure by Sovereign Wealth Funds and Pension Funds will also receive a boost owing to certain relaxations
The finance minister has sent a strong signal to the world that India is open for business
The Budget has introduced long-term capital gains tax, proposed at 10%