Employment, employability and ease of doing business must be the key priority, says Rituparna Chakraborty, President – Indian Staffing Federation.
More than unemployment which was one of the key issues raised in the recently-concluded General Elections 2019, wage is more of an issue, says Indian Staffing Federation.
While it may not be that tough to land a job, wages are not up to the mark. Rituparna Chakraborty, President – Indian Staffing Federation, said it was imperative for the government to focus on formalisation, urbanisation, industrialisation, financialisation, and human capital in the upcoming Budget 2019.
India Staffing Federation is a platform for temporary work-force that are in the formal sector and ensures that they get their compensation, annual benefits and health benefits.
There are about 3.3 million people in the formal workforce in 2018. Labour reforms and further formalisation will add close to 11 million in the country.
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“Employment, employability and ease of doing business must be the key priority,” Chakraborty added.
The organisation has put forward the following recommendations to facilitate the same.
The government should consider partial exemption from GST for the outsourced services in higher education, from 18 percent to 5 percent to help create low-cost educational institutions that offer services at all levels, primary, secondary and higher education.
Source: Money Control
