Policymakers must double down on deregulation for MSMEs, encourage fair income distribution, and focus on AI-driven skill development. Otherwise, India risks a top-heavy, capital-skewed economy that h ...
Sustained economic growth hinges on bolstering employment incomes, which directly fuel consumer spending, spurring investment in production capacity, according to Economic Survey 2024-25.
The Economic Survey on Friday highlighted the growing unease and anxiety around Artificial Intelligence disrupting labour markets, and warned that if companies do not optimise the introduction of AI ...
The pre-Budget document cited an IMF paper to say that governments may be forced to tax incremental profit of corporates that use AI to replace labour. "It will leave everyone worse off and the ...