Finance Secy TV Somanathan: There's a nudge for industry to opt for less automation, use more labour

Finance Secretary TV Somanathan said, "There is a continued focus on capital investment, fiscal prudence, and macroeconomic stability. If you're running a marathon, you must remain fit, and India is running a marathon towards 2047. The incremental change which has come is a strong focus on employment directly through fiscal incentives, indirectly, through encouragement of MSMEs, which are employment-intensive, and through an improvement of skills. Skilling will provide the way to match the rising demands for labour in industry. "