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The Hindu
The Hindu
National
Special Correspondent

Budget 2022 | India Inc. seek Budget sops from govt. for creating jobs

Budget
The Budget has an implication for aggregate demand of an economy. (Source: Getty Images/iStockphoto)

Ahead of the Union Budget 2022-23, Indian industry has urged the government to offer incentives for creating jobs, including special sops under the Production Linked Incentive (PLI) schemes already announced.

The plea assumes significance amid growing concerns about high unemployment levels in the country, even as a FICCI survey of manufacturing firms showed that 75% of firms don’t plan to hire in this quarter despite a marked increase in business volumes and orders in the October to December 2021 quarter.

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