Job creation should be top priority; even skilled people are finding hard to get jobs, says L&T's AM Naik

AM Naik, Larsen & Toubro Group Chairman and National Skill Development Corporation chief, said the government needed to take urgent steps to ensure job creation and that even skilled people were finding it difficult to find a suitable job in times of slowdown in the economy. The government should focus on building a consumption-driven economy, he said, adding that to boost economic development, it was necessary to fund the industrial growth.

Naik, during an interview, said that job creation could only be boosted if the Centre took steps to ensure economic development and more utilisation of industrial capacity. "Many industries have closed or are partially utilised, or working on certain days of the week, or just one shift a day," said Naik, adding that even though there's gross underutilisation of industry, there was a great demand for growth for a country of 1.3 billion people.

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China had expressed its opposition to India's move to create a separate Union Territory of Ladakh

Foreign Minister S Jaishankar today sent out a crucial message to China, which recently expressed its strong disapproval of the government's Kashmir move, especially the creation of a separate Union Territory of Ladakh. India had brushed away China's remarks, saying all the changes made were "internal matters". Today, at a meeting with his Chinese counterpart Wang Yi in Beijing, Mr Jaishankar said, "The two nations should ensure that it was important that differences between us, if any, should not become disputes".

India-China relationship, Mr Jaishankar was quoted as saying by news agency ANI, has a "unique place" in global politics. "Two years ago, our leaders recognised that reality and reached a consensus in Astana that at a time of global uncertainty India-China relationship should be a factor of stability," he said.

Last week, after the government's move to end the special status of Jammu and Kashmir and bifurcate it into the union territories of Jammu and Kashmir and Ladakh, China voiced its "serious concern".

Beijing asked India and Pakistan to exercise restraint, and said the two nations should avoid actions that "unilaterally" change the status quo and "exacerbate tensions".

China also expressed its opposition to India's move to create a separate Union Territory of Ladakh.

India said the decisions on Kashmir were "an internal matter concerning the territory of India".

"India does not comment on the internal affairs of other countries and similarly expects other countries to do likewise," the foreign ministry said.

Pointing to Mr Jaishankar's tenure as India's ambassador to China, Chinese Foreign Affairs Minister Wang Yi said for many years, he has made "positive and active contribution to China-India relations".

Is it the right decision To Separate Ladakh From J&K And To Make These As Separate Territories? Vote now here