Organized Sector
topic on 1 show · 3 statements across 2 episodes
3 statements about Organized Sector, every show
Kumar: India's Organized Sector Employment Share Has Stagnated at 6% Since 1990
“So, we had six percent in the organized sector in 1996% today. That means in spite of massive investment in the organized sector, no additional percentage has gone into that area.”
Kumar: 95% of India's GST Revenue Comes From Organized Sector
“That will not reduce your tax collection because 95% of the tax is collected from the organized sector. Only five percent is collected from others. And Jaitley famously said five percent units pay 95% of the tax. 95% pay only five percent of the tax.”
Kumar: India's Real GDP Growth Is 1.5% to 2%, Not 7%
“So, 55% of the production from the organized sector may be rising at seven percent. That gives you 3.75% rate of growth. But the 45%, which is from the unorganized sector that is declining at five percent, that gives you -2.25. So your real rate of growth is n…”