-Livemint.com If we do not recognize the problem on hand, we will not have any reason to try and find solutions India’s jobless growth is a myth, stated R. Gopalan and M.C. Singhi in an opinion piece in Mint on 19 December. They used data published by the Labour Bureau from their employment-unemployment surveys between 2009-10 and 2015-16. These were the first and last surveys conducted by the Labour Bureau on the...
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Bank depositors' interests will be protected, assures PM
-The Hindu Business Line Blames UPA for NPA mess; says industry bodies should have been more vigilant New Delhi: Prime Minister Narendra Modi did not mince words when he addressed industry captains at the 90th Annual General Meeting of the Federation of Indian Chambers of Commerce and Industry here on Wednesday. In a speech that lasted slightly over 45 minutes, Modi put to rest all concerns pertaining to use of individuals deposits for...
More »After Yashwant Sinha, RSS affiliate hits out at Modi govt's economic policies -Anindya Banerjee
-India Today Bhartiya Mazdoor Sangh criticised Modi government's handling of the economy and demanded stimulus package towards employment generating activities in labour intensive sectors. On a day when senior Bharatiya Janata Party (BJP) leader and former finance minister Yashwant Sinha trained his guns against the government's economic policies, a Sangh-affiliate Bhartiya Mazdoor Sangh (BMS) also hit out at the Modi government. The RSS affiliate criticised the Modi government's handling of the economy, called...
More »Modi's Saubhagya scheme to provide 40 million electricity connections: Some hype, some confusion -Nitin Sethi
-Scroll.in A scheme to give India’s poor people free power connections has been in operation since 2005. But the capacity to provide 24x7 power is still a dream. On Monday, Prime Minister Narendra Modi launched the “Pradhan Mantri Sahaj Bijli Har Ghar Yojana” or the Saubhagya scheme to provide electricity connections to Indians who do not have them. “The government will connect each house, whether it is in village, a city or...
More »Indian economy in a tailspin: What went wrong -Asit Ranjan Mishra and Gireesh Chandra Prasad
-Livemint.com While investment demand was anyway weak when the NDA came to power in 2014, private consumption has also started decelerating due to demonetisation New Delhi: The National Democratic Alliance (NDA) won a landslide in the 2014 general election with the promise of fast-tracking economic growth and creating jobs. It replaced the Congress-led United Progressive Alliance (UPA) government that was mired in corruption scandals and had mismanaged the economy. Three years on,...
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