How can the Budget positively and negatively surprise the market? Maneesh Dangi & Swaminathan Aiyar discuss

January 29, 2025

Swaminathan Aiyar and Maneesh Dangi discuss the global shift from manufacturing to services, highlighting the challenges that tariffs and mechanization pose for job creation in manufacturing. In India, manufacturing struggles despite support measures, while the services sector thrives. The political reluctance to reduce non-wage costs hinders formal employment growth in the manufacturing sector.

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