LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Read in App
Business News » India News

Structural reforms helping India in building resilience to global shocks: Garg

Structural reforms in areas like taxation and bankruptcy are helping the Indian economy in building resilience to global shocks and maintain a robust growth rate despite challenges, Economic Affairs Secretary S C Garg has said. He also expressed hope that the prudent policymeasures being undertaken now will also help contain the stress, currently seen in financial condition tightening, and oil prices etc.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Structural reforms helping India in building resilience to global shocks: Garg
The World Bank ranked India 115th among 157 countries in its first-ever Human Capital Index (HCI), drawing criticism from the government. Image Courtesy: Reuters
Written By: PTI
Updated: Sat, Oct 13, 2018
05:27 pm
PTI
RELATED NEWS
Government confident of meeting fiscal deficit target: Economic Affairs Secretary Government confident of meeting fiscal deficit target: Economic Affairs Secretary

New Delhi: Structural reforms in areas like taxation and bankruptcy are helping the Indian economy in building resilience to global shocks and maintain a robust growth rate despite challenges, Economic Affairs Secretary S C Garg has said. He also expressed hope that the prudent policy

measures being undertaken now will also help contain the stress, currently seen in financial condition tightening, and oil prices etc.

Speaking at the annual meeting of the International Monetary Fund (IMF) Friday in Bali, Indonesia, Garg emphasised the need to recognise that digital technological changes taking place are more fundamental than even invention of the steam engine, which had laid the foundation of the industrial revolution.

There is a digital revolution which is transforming the world, he said at the IMF's Development Committee Lunch Session.

The session focused on the World Development Report, which is on the changing nature of work.

Speaking about the Human Capital Index (HCI) that was released recently as part of the Human Capital Project of the World Bank, Garg said human capital needs to continuously evolve and develop.

HCI uses metric of industrial era to measure the status of human capital for digital age and its production system, he said, adding that a better metric is needed.

Watch this Zee Business video here:

The World Bank ranked India 115th among 157 countries in its first-ever Human Capital Index (HCI), drawing criticism from the government.

India's neighbours Bangladesh, Nepal and Sri Lanka were better placed at 106th, 102nd and 74th position, respectively. The index took into account parameters like child mortality, health and education. 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Economic Affairs Secretary Subhash Chandra Garg
RELATED NEWS
Government confident of meeting fiscal deficit target: Economic Affairs Secretary Government confident of meeting fiscal deficit target: Economic Affairs Secretary

LATEST NEWS

Stocks to buy with Anil Singhvi: Sandeep Jain recommends Asian Energy Services today

Listing facilitation! Ahead of LIC IPO, authorised capital boost of Rs 25,000 crores - All you need to know

SBI share price Technical Analysis: Decoded by Bonanza Portfolio

Petrol price near Rs 100? Forget that, here is something that will give you 100-km for only Rs 7

PUBG Mobile 1.3 global update: Check expected release date, beta APK download link and more!

Easy Trip Planners IPO date: Ventura Securities highlights details

Stocks in Focus on March 8: Easy Trip planners IPO, Adani Ports, BEML to Religare; here are the 5 Newsmakers of the Day

Mid-Cap Picks with Anil Singhvi: Jay Thakkar recommends IOL Chemicals, IRB Infra and Heidelberg Cement for good returns

PPF vs NPS Calculator: Here is what will turn you into a crorepati and much more - Money Tip EXPLAINED

Gold price today recovers from nine-month low on U.S. stimulus cheer

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved