Impact In Job Industry Due to government policy

In few days general election is coming in India everybody is hoping a stable government. If we see the reports of political analyst and pre-election opinion it shows about stable government which is led by Mr. Narendra Modi of BJP. But what our concern, our concern is good policy by the chosen government whether Foreign policy, Banking policy, FDI stakes in companies, FII’S taxes policy.

Because some good policy can change the atmosphere of Industries and if it happens than there surely change in service Industries. In India there are lots of prospects for growth and for this there is need for huge workforce fortunately India has though. For developing country like India is seeking more and more Investment for that our Foreign policy is getting reluctant for foreign Investors. Apart from all this India Inc is still moving forward beating china in financial health and skill education. Where India is failing? India is failing in the field of Infrastructure, which is very poor on the International standard. Today India become an uncertain markets for Investors, Indian banks are performing very poor there NPA’s are on high rise. For any project it’s need a lending but due to today circumstances Indian Banks have high interest rates so the coming projects are also halts for those who have venture they  are on safe side that there project is on move. Infrastructure projects which is in PPP (Public Private Partnership) are stopped or incomplete or in loss. The experts predict that the policy play the major role for this. Now before the election government try to change the policy like cut the excise duty to boost the automobile sector and clearing those infrastructure projects those are waiting from last 5 to 8 years for environmental clearance, but it’s just before the election. Current government stay the projects of more than US $100 billion without any reasons. How much job could be created by this did any can imagine.

Conclusion

·         India need to improve and flexible their policy for Investors.

·         India needs to change their mind perception regarding commodity market.

·         Projects need to clear which are waiting.

·         India need to tax reforms.

By these some steps we can boost the job Industry. The concern about all this is job market, because India has the huge talent potential workforce. Today Indians are leading managers some of Fortune 500 like Google, Microsoft, NetApp, Oracle etc. 
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