The Government will continue to support workers and businesses, especially those in hard-hit sectors, said DPM Heng Swee Keat. - ST FILE
SINGAPORE (The Straits Times/ANN): As this year s Budget is unveiled at 3pm on Tuesday (Feb 16) Singapore continues to tackle the Covid-19 pandemic and its economic fallout.
Deputy Prime Minister and Finance Minister Heng Swee Keat has said that helping workers and firms adapt, innovate and grow will be a key priority for Budget 2021 his sixth Budget speech.
The Government will also continue to support workers and businesses, especially those in hard-hit sectors, he said.
Last year, the Government set aside a war chest of almost S$100 billion or nearly 20 per cent of gross domestic product (GDP) to cope with the pandemic, with most of the funds used to support businesses and help workers keep their jobs.
Stung by COVID-19, Indian businesses rethink worker benefits
SECTIONS
Last Updated: Feb 19, 2021, 11:38 AM IST
Share
Synopsis
Almost a quarter of the informal workers are migrants who typically travel from their villages to bigger cities in distant parts of the country to work at brick kilns, garment factories, in hospitality or at construction sites.
iStock
Money, rather than a job contract and employer social security contributions, is still the biggest draw for most Indian workers.
MUMBAI: As Kerala s industrial heartland cranks back to life post-lockdown, orders are returning to its printing presses, workshops and chemical plants. But to bosses dismay, many workers are in no hurry to come back from their villages.
Surat: At a time when the Airports Authority of India (AAI) is pushing for the parallel runway at Surat airport, the real estate players want the government to drop the proposal on the grounds that it will hamper development of new commercial and residential projects in the vicinity.
Realtors said that about 198 buildings are identified as obstructions and the new projects are facing building height restriction due to the existing runway. The parallel runway will further restrict the growth of the real estate projects in key areas of Surat, which is forecast to be the 9th fastest growing city in the world by World Economic Forum (WEF).