The year 2011 will see the enactment of big legislations that would have far reaching impact both on individuals and corporates, said Mr K. Prabhakara Rao of Capital IQ Information
The Mahatma Gandhi National Rural Employment Guarantee Scheme, accused of taking away labourers from other sectors by offering attractive wages, should have a coherent wage policy consistent with the law, especially with the Minimum Wages Act.
The government on Monday said 58 million new job opportunities are likely to be created during the 11th Five-Year Plan (2007-12), thanks to various steps including three stimulus packages since December 2008.