Post on 17-Feb-2018
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SELECT SLIDES OF CLASSES 7&8
ECO (SV) – PART IV (10 slides)
INDIAN ECONOMY
( Slides to read along with class notes)
Clarifications at sanjiv.verma@ymail.com
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Right to Fair Compensation &
Transparency in Land Acquisition,Rehabilitation & Resettlement (SIA)
Rules 2014
Exit PolicyNCLT/NCLAT
Labour Reforms
Ease of doing Business
License Raj now Inspector Raj
Challenges going forward in Reforms
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Negotiatedwages/Min Wages
Basic facilities
Visit oflabour/factory
Inspectors
Non termination ofservices
Right to be part ofTrade Union
Wages linked topresence atwork/Increment on
time scale
Mandatory Leaves
Right to go on astrike
Right to employment
Complex Labour Laws
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EASE OF DOING BUSINESS.. NOT EASY..
Rank 142/189 countries by World Bank
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INFRASTRUCTURE
Core sector (IIP 38%)
Crude oil & GasRefinery throughput
Electricity generation (10%)
Coal, Steel & Cement
Fertilizers
Railways
Ports
Civil aviation
Roads & Highways
Telecom services
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2014
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GOLDEN QUADRILATERAL PROJECT (5846 km)
Completed in June 2011 after 11 years
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NS & EW CORRIDOR (7300 km)
JUNE 2015
JUNE 2013
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BHARAT MALA PROJECT
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SAGARMALA PROJECT