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Union Budget 2022-23: Govt maintains focus on sector

CFO News Room

While the sizeable increase in infra spend and sectoral initiatives in Union Budget augur well, there is need for policy reforms that help create a robust private investment ecosystem. Both of these would be addressed through the Gati Shakti initiative which is one of the cornerstones of Budget 2022-23.

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Union Budget can lead to more jobs, better healthcare: Saugata Gupta, CEO, Marico

CFO News Room

The previous year’s Budget focused on foundational measures towards a consumer-driven economy while keeping a keen eye on post-Covid recovery. The Union Budget continues the policy direction set by last year’s Budget. Also Read | Union Budget 2022: Tech push for agri sector. By Saugata Gupta.

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National Debt Definition

CFO News Room

Some worry that excessive government debt levels can impact economic stability with ramifications for the strength of the currency in trade, economic growth, and unemployment. National Debt vs. Budget Deficit. The national debt is simply the net accumulation of the federal government’s annual budget deficits.

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Proposed New York state minimum wage legislation would boost wages for nearly 2.9 million workers: Minimum wages would range by region from $20 to $21.25 per hour by 2026

CFO News Room

The proposed Raise Up New York legislation—which would index annual statewide increases to inflation and labor productivity—would help protect workers’ economic security as prices rise, and prevent inequality from widening as the economy grows. an hour and $62,400 at $15 an hour), but still short of real economic security.

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Pilot Shortage: A Story of Stalled Supply and Rising Demand

CFO News Room

The Air Line Pilots Association (ALPA) reports that Airline Transport Pilot Certificates (which require the 1,500 flight hours) are being issued at a pace that will replace retiring pilots, but will not account for growth in demand. Laura Williams. Laura Williams is a communication strategist, writer, and educator based in Atlanta, GA.

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Why Business Travel’s Wings May Be Clipped – Permanently

PYMNTS

“I think it’s going to take two to three years to get consumer behaviors back, but we do know there is a tremendous amount of pent-up demand for transportation, for travel, for mobility – and we’re ready to serve customers when they’re ready to go.” It may take a while. Domestic U.S. increase in revenue.

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Stimulus Relief: Less Spending, More Saving

PYMNTS

Given the triple threat of economic insecurity hitting the population, it’s unsurprising that the data also indicates increased belt-tightening sweeping the nation. That is indicated by the numbers, and by recipients themselves. That syncs up with data from Cowen and Co.,