Budget 2025: CII's seven-point agenda on how govt can boost employment generation

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Budget 2025: CII's seven-point agenda on how govt can boost employment generation

^{Published on 2025-01-05 03:00:58 - MSN}

The Confederation of Indian Industry (CII) has proposed measures for the 2025-26 Union Budget to boost employment, including a National Employment Policy, labour code implementation, and increased female workforce participation.

The Confederation of Indian Industry (CII) has proposed a seven-point agenda to enhance employment generation in India as part of the upcoming Budget 2025. Key recommendations include promoting labor-intensive industries like tourism, hospitality, and retail through incentives and infrastructure development. CII suggests simplifying labor laws to encourage formal employment, enhancing skill development programs to align with industry needs, and promoting entrepreneurship by easing business regulations and providing financial support for startups. Additionally, they advocate for the expansion of the Production Linked Incentive (PLI) scheme to cover more sectors, boosting rural employment through agricultural diversification and rural infrastructure, and leveraging technology to create jobs in sectors like IT, AI, and renewable energy. The agenda also emphasizes the need for a robust apprenticeship program to integrate young graduates into the workforce, thereby reducing unemployment and underemployment.

Read the Full MSN Article at:
[ https://www.msn.com/en-in/money/news/budget-2025-cii-s-seven-point-agenda-on-how-govt-can-boost-employment-generation/ar-AA1wYRs9 ]

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Budget 2025: CII's seven-point agenda on how govt can boost employment generation