{"id":7137,"date":"2024-09-27T12:41:29","date_gmt":"2024-09-27T07:11:29","guid":{"rendered":"https:\/\/namaskaraindia.com\/?p=7137"},"modified":"2024-09-27T12:41:37","modified_gmt":"2024-09-27T07:11:37","slug":"finance-ministry-lauds-reits-e-commerce-for-growth-generating-jobs-in-august-economic-review-447664-2024-09-26utm_sourcerssfeed","status":"publish","type":"post","link":"https:\/\/namaskaraindia.com\/finance-ministry-lauds-reits-e-commerce-for-growth-generating-jobs-in-august-economic-review-447664-2024-09-26utm_sourcerssfeed\/","title":{"rendered":"Finance Ministry hails REITs, e-commerce for rise, job creation in August Economic inspect"},"content":{"rendered":"
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The Union Finance Ministry, in its month-to-month monetary inspect in August, supported Precise Property<\/a> Funding<\/a> Trusts (REITs) and the e-commerce {{industry}}, saying institutional participation and transparency have helped mature biggest practices for the nation’s enterprise<\/a> precise property {{industry}}.<\/p>\n\n\n\n

“The prevailing 4 listed precise property funding trusts (REITs) have spurred rise in mounted enterprise property, whereas standardized {{industry}} valuation processes and REIT guidelines have impressed industry-based approaches,” the ministry acknowledged in its month-to-month analysis.<\/p>\n\n\n\n

“The Precise Property Regulation Act and Chapter and Chapter Code have improved investor security, digital<\/a> land registry knowledge and strict supervision by RBI and SEBI<\/a> have created a robust regulatory panorama,” the ministry acknowledged.<\/p>\n\n\n\n

The Finance Ministry moreover confirmed its reinforce for the e-commerce {{industry}}, emphasizing its vital operate in boosting rise in India’s suppliers sector. Citing a study carried out by Pahle India<\/a> Foundation (PIF) in collaboration with People investigation in India’s Shopper Economic system (PRICE), the ministry highlighted the constructive have an effect on of e-commerce on every job<\/a> creation and shopper welfare.<\/p>\n\n\n\n

Consistent with the ministry, the e-commerce sector has expert an enormous escalate in employment alternate options, with a 42% escalate in managerial positions at on-line retailers. This shift shows the rising complexities of e-commerce operations and the evolving nature of the {{industry}}.<\/p>\n\n\n\n

Furthermore, the Ministry has seen a transition from typical roles to additional technology-focused positions contained in the workforce. It<\/a> emphasised the importance of addressing the abilities gap to accommodate these new job alternate options in the e-commerce sector.<\/p>\n\n\n\n

“Enhancing logistics and provide suppliers infrastructure is essential as ecommerce continues to enlarge,” the report further mentioned.<\/p>\n\n\n\n

The Indian monetary system registered an augment of 6.7 % in the first quarter of FY25. The report well-known that the newest high-frequency information<\/a> for August intently matched the Economic Survey’s forecast of 6.5-7 per cent rise for FY25.<\/p>\n\n<\/div>","protected":false},"excerpt":{"rendered":"

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