June 2019 - The Bay Area-Silicon Valley and India - Convergence and Alignment

A valued forum for the Bay Area Council, a public policy organization that stakeholder engagement and a respected source of includes hundreds of the region’s largest employers information and fact-based analysis, the Institute is a and is committed to keeping the Bay Area the trusted partner and adviser to both business leaders world’s most competitive economy and best place and government officia. [...] Their joint statement declared that “The of the Asia Reassurance Act of 2018 (ARIA), Section 204 Ministers reaffirmed the strategic importance of India’s of which identifies the central role of India in promoting designation as a Major Defense Partner (MDP) of the peace and security in the Indo-Pacific region, and United States and committed to expand the scope of calls for a strengthening of dipl. [...] For the overall category of women 15 years of age and above, Rajan points to consolidation of 44 central government the most crucial factor explaining the drop in FLFP was labor and employment laws into four unified codes: increased stability in family income due to the increase in industrial relations; social security and welfare; wages; the relative contribution of regular wage earners and the 2. [...] care, closing the education and skills gaps, and changing diversity policies and attitudes—could add 68 million Combined disruption from demonetization and the more women to India’s workforce and $2.9 trillion more GST launch hit businesses hard in 2016–17, coming in GDP to the economy than would be the case in a on the heels of droughts in 2014–15 that hurt farmers, business-as-usual scenario.32. [...] Indirect tax collection is critical in a for the top 10% of earners, who saw a 435% increase in 13 The Bay Area-Silicon Valley and India: Convergence and Alignment in the Innovation Age exhibit 4 Trends underway since the late 1980s show a steady rise in the share of total national income concentrated among the top 10% of Indian earners and corresponding declines among the middle 40% and the botto.