Month: October 2017

The PICE Born with the Ambition to Accelerate Economic Recovery and Job Creation

Remember that trade and tourism account for more than 23 percent of GDP in our region

Spain, May 24, 2013 – The Minister of Employment and the Economy of the Government of Castilla-La Mancha, Carmen Home, said that “the Investment Plan and Employment Creation is born with the ambition to accelerate economic recovery and job creation in Castile-La Mancha. ”

At the opening of the first Forum of the Investment Plan and Job Creation, Home recalled that “the PICE includes measures in the most productive sectors of our region, such as the development of infrastructure, agriculture, trade or tourism, to tailor our actions to the European Operational Programme 2014-2020 and, thus, are implemented to achieve equity with those of the European Union “.

During his speech, the Minister of Employment and the Economy has said that “the Government of Castilla-La Mancha is working with determination in the European partnership document and, in this way, go for a smart, sustainable and inclusive to contribute member states to generate high levels of employment, productivity and social cohesion “.

In his view, “it is a dynamic plan that will adapt its measures in a comprehensive process monitoring and evaluation to the changing needs of Castilla-La Mancha and patterns arising from the implementation of European policies during his years of implementation to achieve the objectives “.

Trade On trade, the Minister of Employment and the Economy has stressed that the PICE revolves around seven strategic lines containing 21 actions aimed at supporting commercial sector Castilian-Manchego, a sector in our region representing 11.2 percent of gross domestic product, employs 14 percent of the population and 33 percent of total autonomous and generates a turnover of over 7,500 million euros a year.

Therefore, it has highlighted the adoption of measures to improve the interplay between merchants and their associations, such as the signing of agreements with banks to reopen credit to entrepreneurs worth $ 64 million, plus a second in the amount of 28 million euros, of which the government finances the differential of 5.5 percent and 1.7 percent of the costs of collateral, and other actions designed to promote agility bureaucratic or technological and innovative potential of all them.

Tourism On tourism, Casero stressed that this sector accounts for 12 percent of our Gross Domestic Product and employs about 17,000 people. Therefore, he said that “it is essential that we contribute from the regional government to promote smart growth in tourism, to contribute to the regeneration of our region.”

Finally, Casero said that “Castilla-La Mancha is important by itself to be a single target region, so we are working to make our Strategic Tourism Plan can be a shock final for this sector.”

Press Contact: Consejeria de Empleo y Economia Media Relations Consejeria de Empleo y Economia Address: Avda Ireland No 14 512-212-1139

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It never fails that when I ask people to describe the field of economics, the typical response is that it is the study of money or how to earn money. Moreover an ever increasing number of people regard economics as a form of politics or perhaps political science. Grading on the simple pass/fail basis all would of course fail.

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Economic slowdown has its effects on each and every segment in varying intensities and the stock market is no exception. There is no panicky situation at present; the recession that turned many face severe financial crunch is now over. And recovery is in full swing. In fact, the BSE sensex, compared to other world stock market indices, has been exhibiting a fast upward trend. It is the Sensex India figures on the positive flow that has led many foreign investors to invest in the Indian market.

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