In a major economic policy boost, the Union Cabinet on July 1 approved two high-impact schemes aimed at employment generation and technological innovation. The decisions include a ₹1.07 lakh crore Employment Linked Incentive (ELI) Scheme to create formal jobs, and a ₹1 lakh crore Research,

Infosys co-founder N R Narayana Murthy has underscored the importance of job creation and innovation as the primary solutions for poverty eradication, cautioning against over-reliance on government freebies. Speaking at an event in Mumbai, he stressed that sustainable economic progress comes through entrepreneurship and employment generation, rather than welfare handouts.

Maharashtra has achieved a significant milestone at the World Economic Forum in Davos, Switzerland, by securing investment commitments worth ₹4.99 lakh crore on the first day of the event. The state government signed multiple Memorandums of Understanding (MoUs) with various domestic and international companies, creating opportunities for large-scale economic growth and job

Sanjiv Puri, President of the Confederation of Indian Industry (CII), has expressed expectations that the Reserve Bank of India (RBI) will reduce benchmark interest rates in the coming month to stimulate economic growth. He emphasized the necessity for the forthcoming Union Budget 2025-26 to concentrate on job creation, particularly through targeted interventions in