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Employees in some sectors may receive gratuities, bonus payments or stock options. In some types of employment, employees may receive benefits in addition to payment. Benefits may include health insurance, housing, and disability insurance. Employment is typically governed by employment laws, organisation or legal contracts.
India has substantially reduced its rate of poverty, though at the cost of increasing economic inequality. India is a nuclear-weapon state, which ranks high in military expenditure. It has disputes over Kashmir with its neighbours, Pakistan and China, unresolved since the mid-20th century.
Foreign direct investment (FDI) in India has reached 2% of GDP, compared with 0.1% in 1990, and Indian investment in other countries rose sharply in 2006.. As the third-largest economy in the world in PPP terms, India is a preferred destination for FDI; India has strengths in information technology and other significant areas such as auto components, chemicals, apparels, pharmaceuticals, and ...
M. Mahatma Gandhi National Rural Employment Guarantee Act, 2005. Ministry of Labour and Employment (India)
The information technology ( I.T.) industry in India comprises information technology services and business process outsourcing. [1] The share of the IT-BPM sector in the GDP of India is 7.4% in FY 2022. [2] [3] The IT and BPM industries' revenue is estimated at US$ 245 billion in FY 2023. [4] [5] [6] The domestic revenue of the IT industry is ...
t. e. The Government of India [a] ( GoI ), constitutionally known as the Union Government and also called the Central Government, is the national authority of the Republic of India, a federal republic located in South Asia, consisting of 28 states and eight union territories .
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