Youth in India: Susceptibilities and Opportunities
Youth comes but once in a lifetime.
~Henry Wadsworth Longfellow
The youth are the backbone of any society. Youth is the time of life when one is young, and it often means the time between childhood and adulthood (maturity). Youth is an experience that may shape an individual’s level of dependency, which can be marked in various ways according to different cultural perspectives. When nourished, young people can grow like a giant tree but can erupt like a volcano if not adequately groomed or cared for. No country can afford to ignore this segment of the nation.
Budget & Beyond: Biting the hard reforms bullet
By Amitabh Kant
In order to truly transform India, there is no way out but sustained growth. We have seen this transformation in the case of South Korea, Taiwan and more recently, China. South Korea grew at an average rate of 9.6% in the three decades between 1960 and 1990. China, between 1980 and 2010, grew at a rate of 10%. Whilst India has witnessed a substantial transformation since the 1990s, our average growth rate for the past 30 years has been 6.5%. Our service sector took off, and so did capital-intensive manufacturing. Yet, it became increasingly clear that the Indian economy marched ahead at two distinct speeds. The formal and organised sector marched ahead. The informal and unorganised sector played catch up.
[ PARTNER CONTENT] An interesting survey showed that while the rest of the world has identified Covid-19 as the biggest problem facing them in their respective countries since April 2020, in the last couple of months, South Africans have instead opted to identify rising unemployment, corruption and crime and violence, as top three concerns instead, with Covid-19 placing fifth on the list after poverty and social inequality.
This is telling and
truly indicative of the general feeling of worry that South Africans have about
the state of the economy amid a global pandemic that continues to claim
hundreds of thousands of lives, monthly.
Pakistan climbs on Trading Across Border Index
FBR’s reforms help country jump from 142nd to 111th place
PHOTO: AFP/FILE
ISLAMABAD:
Pakistan has managed to improve its place by 31 spots on the Trading Across Border Index as the ranking jumped from 142nd to 111th, a major achievement towards ensuring ease of doing business.
The Federal Board of Revenue (FBR) made trading across borders easier by focusing on three crucial areas - enhancing the integration of various agencies with the Web-Based One Customs (WeBOC) electronic system; reducing the number of documents required for import/ export clearances; and enhancing capacity of Pakistan Customs officials for playing a proactive role in smoothly regulating border trade.