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Formal employment rises but less no. of regular jobs created in 2nd quarter of '17-18

The increase in organized sector employment (i.e. in establishments employing 10 or more workers) in the second quarter was much higher as compared to that in the first quarter of 2017-18. The seventh round of the Quarterly Report on Employment Scenario in selected sectors (as on 1st October, 2017), which was released in March this year, confirms this. The Labour Bureau’s latest report says that during the period 1st April to...

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Massive Demo against "DBT for food subsidy" in Jharkhand

-Press Release from Right to Food Campaign dated 26 February, 2018 Ranchi: Thousands of people – men and women, young and old – walked all the way from Nagri Block towards the Chief Minister’s House in Ranchi today to demand an immediate end to the “DBT for food subsidy” experiment in Nagri. They were prevented from reaching the CM’s house, but they did reach the Governor’s house where they held a...

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Size of tax rebates is large as compared to spending by agricultural & rural development ministries

Believe it or not, the total revenue foregone in 2017-18 on account of special tax rates, exemptions, deductions, rebates, deferrals and credits -- broadly termed as 'tax expenditures' (an indirect subsidy) – that was given to corporate taxpayers has been more than 50 percent of the expenditure incurred by the Ministry of Agriculture & Farmers Welfare (MoAFW) and the Ministry of Rural Development (MoRD) altogether in that year. In other...

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CIC asks PMO to identify PM's foreign entourage

-The Times of India NEW DELHI: The Central Information Commission (CIC) has directed the Prime Minister's Office to disclose the names of delegation members who accompany PM Modi on foreign visits. The order, however, exempts the PMO from disclosing the names of people linked to the PM's security detail. The direction came after chief information commissioner R K Mathur rejected the PMO's objection to disclosing the information on the grounds of "national...

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Reetika Khera, Associate Professor of Economics at IIT-Delhi, interviewed by Surabhi (The Hindu Business Line)

-The Hindu Business Line The government must universalise social security pensions for the elderly, single women and persons with disabilities and also operationalise the maternity entitlement scheme at the earliest, says Reetika Khera, Associate Professor of Economics at IIT-Delhi. In an interview to BusinessLine, Khera argued against the use of Aadhaar for authentication of beneficiaries and said it has “no role in plugging leakages or in the identification of correct beneficiaries”....

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