On the chances of any reduction in GST rates, he said, “Till the time GST revenue does not stabilise, we cannot think of decreasing the tax rates. In fact, there is no possibility of any change in slabs and tax rates, hike or cut, in the near future.”

Out of 565 delayed projects, 182 projects have overall delay in the range of 1 to 12 months, 129 projects 13 to 24 months, 140 projects reflect delay in the range of 25 to 60 months and 114 projects show delay of 61 months and above.

Experts said 40 per cent of India Inc is focused on hiring for niche skills. Artificial Intelligence/Machine Learning (AI/ML), Digital marketing, Design Thinking, Internet of Things (IoT), robotic process automation (RPA) and natural language processing/generation (NLP/NLG) are regarded by employers as the most crucial skills to hire.

Bharti Enterprises’ Rajan Mittal suggested that the government should focus on strengthening the digital backbone of the country.​​​​​​​Industry has been disrupted, he said adding that government’s intervention is needed.