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SECTOR - WISE PERFORMANCE
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CHALLENGES AND OPPORTUNITIES
ECONOMY Challenges and Opportunities Skill Development Gap: Despite initiatives like Skill India, there’s a shortage of digitally skilled workers, crucial for sectors like cybersecurity and enterprise management. Logistics and Infrastructure: India’s potential to streamline transport via inland waterways is significant, akin to the Netherlands’ network handling 40% of international freight. Access to Finance: Small and medium enterprises face financial access challenges; initiatives like Mudra Yojana aim to improve credit flow and streamline loan processes. Regulatory Reforms: GST simplification, Start-up India, and the Real Estate Act are enhancing the business environment, with a push for single-window systems and digitization. Data Privacy and Cybersecurity: Growing digitization necessitates robust data protection laws and cybersecurity measures, with the government promoting secure tech adoption. Inland Waterways Opportunity: Kerala’s Kochi Water ...
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