-TheWire.in The new series GDP data has been mostly replaced with corporate financial data for estimating manufacturing value-added, resulting in manufacturing assuming a higher share in India’s GDP and growing at a faster rate compared to the older series. New Delhi: Does the new method by which India calculates GDP (gross domestic product) data overestimate manufacturing output? This apprehension has been flagged by a key member of the Reserve Bank of India’s...
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SC orders Rajasthan to file report on Alwar lynching -Krishnadas Rajagopal
-The Hindu Court shocked by rule allowing civil society groups to stop vehicles, seize animals New Delhi: The Supreme Court on Friday asked the Rajasthan government to come clean about its investigation into the July 20 Alwar lynching case in which the victim, Rakbar Khan, died of injuries while police officers allegedly took time off to herd his cows to a gaushala before taking him to hospital. The incident took place just days...
More »India needs 30 lakh buses for transport, has only 3 lakh -Dipak K Dash
-The Times of India NEW DELHI: The total number of buses available for transporting general passengers is less than one-tenth of the requirement, posing an enormous logistical challenge. According to government data, there are about 19 lakh buses in the country and only 2.8 lakh of them are run either by state transport undertakings or under stage carriage permits. "We need about 30 lakh buses to meet the requirement of general passengers....
More »Total government liabilities rise to Rs 79.8 lakh crore in Q1: Finance Ministry report
-PTI NEW DELHI: Total liabilities of the government increased to Rs 79.8 lakh crore at end-June 2018 from Rs 77.98 lakh crore at end-March 2018, latest data on public debt showed Friday. Public debt accounted for 89.3 per cent of total outstanding liabilities at end-June 2018 with internal debt accounting for 83.0 per cent share. Nearly 24.9 per cent of the outstanding dated securities had a residual maturity of less than five years....
More »Over 700 vacancies in varsities since March, but just 2.5% for SCs, 0 for STs -Shalini Nair
-The Indian Express This data was revealed during inter-ministerial consultations for issuing an ordinance to overturn the circular and the court order that treats departments/ subjects as a unit for implementing reservation, instead of taking the university/ college as a whole. New Delhi: OF THE 700-odd vacancies for teaching posts generated across several universities since the University Grants Commission’s (UGC) March 2018 circular on a new formula for reservation, only 2.5 per...
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