HIGHLIGHTS : 1. 79% CEOs see growth prospects for Indian economy in 2019; 2. Ongoing Parliament session set to be the most productive; 3. India closer to Moon landing as Chandrayaan-2 completes fourth orbit raising; 4. Parliament approves bill to scrap 58 archaic laws; 5. Parliament passes Wage Code Bill to ensure minimum wage for workers.
OPINION : 04/08/2019 : 1875.
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SUB : HIGHLIGHTS :
1. 79% CEOs see growth prospects for Indian economy in 2019;
2. Ongoing Parliament session set to be the most productive;
3. India closer to Moon landing as Chandrayaan-2 completes fourth orbit raising;
4. Parliament approves bill to scrap 58 archaic laws;
5. Parliament passes Wage Code Bill to ensure minimum wage for workers.
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1. 79% CEOs see growth prospects for Indian economy in 2019: KPMG Report : July 31, 2019 : Business Standard : Media coverage : PMINDIA
About 69 per cent CEOs in India, the same as CEOs globally, now have structures in place to review their business models and ensure they stay competitive in the face of disruption
*New economy to be pillar for future plans of country's biggest realtors
*Gap between India's underlying economic growth and IIP set to grow further
*Economy report card: Animal spirits waiver as election uncertainty looms
*Interim Budget 2019: Economy caught in a 3.5%/7.5% trap?
*We look forward to making India a $10-trillion economy, says PM Modi
KPMG’s fifth annual India CEO Outlook, which has made its deductions based on the views received from 125 CEOs in the country across industries, shows how the leaders see the prospect of growth for their companies and the country. They realise that for their businesses to be resilient, they have to be comfortable with disrupting their business models for which agility is the key.
About 69 per cent CEOs in India, the same as CEOs globally, now have structures in place to review their business models and ensure they stay competitive in the face of disruption.
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*Gap between India's underlying economic growth and IIP set to grow further
*Economy report card: Animal spirits waiver as election uncertainty looms
*Interim Budget 2019: Economy caught in a 3.5%/7.5% trap?
*We look forward to making India a $10-trillion economy, says PM Modi
KPMG’s fifth annual India CEO Outlook, which has made its deductions based on the views received from 125 CEOs in the country across industries, shows how the leaders see the prospect of growth for their companies and the country. They realise that for their businesses to be resilient, they have to be comfortable with disrupting their business models for which agility is the key.
About 69 per cent CEOs in India, the same as CEOs globally, now have structures in place to review their business models and ensure they stay competitive in the face of disruption.
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2. Ongoing Parliament session set to be the most productive : 03 Aug, 2019 : Amar Ujala : Media coverage : PMINDIA;
The Central Government has been successful in getting a record number of bills passed in both the houses of the Parliament;
Key legislation including the Muslim Women (Protection of Rights on Marriage) Bill, 2019, and The Right to Information (Amendment) Bill, 2019 cleared during the current Parliament session.
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3. India closer to Moon landing as Chandrayaan-2 completes fourth orbit raising : 03 Aug, 2019 : TOI : Media coverage : PMINDIA;
Chandrayaan-2 completes another manoeuvre around Earth;
The next orbit raising maneuver is scheduled on August 6 for Chandrayaan-2.
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4. Parliament approves bill to scrap 58 archaic laws : 03 Aug, 2019 : TOI : Media coverage : PMINDIA;
So far, 1,428 old and archaic Central Acts have been repealed;
About 75 laws - which the Centre drafted for states in view of the President rule have also been repealed till date.
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5. Parliament passes Wage Code Bill to ensure minimum wage for workers : 03 Aug, 2019 : The Economics Times : Media coverage : PMINDIA;
Wage Code Bill ensures minimum wages along with timely payment of wages to all employees and workers;
Rajya Sabha passes the Code on Wages Bill, 2019, which allows the Centre to set a minimum statutory wage.
Code on Wages Bill, 2019: a move expected to benefit 500 million workers across the country.
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JAY HIND
JAY BHARATHAM
VANDE MATARAM
BHARAT MATA KI JAY
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