-Livemint.com * The population explosion has major impacts on the country ranging from health, social, environmental and economic * Gender preferences are also contributing to the population explosion in India New Delhi: Pointing out population growth as a major concern in India, Prime Minister Narendra Modi in his Independence Day speech called for a deeper thought towards the issue. Apparently, the mention was an indication that the government is devising a policy or...
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No single minimum wage floor under the Wage Code bill -Prashant K Nanda
-Livemint.com * Minimum wage is a contentious issue for both industries and workers’ groups, said an official * The economic survey had mentioned that a national mandatory minimum wage is a requirement New Delhi: India will not have a single mandatory minimum wage floor as talked earlier as the the union Labour ministry has stayed away from making it part of the wage code bill. Instead it has left this important provision open...
More »Former CEA rubbishes government arguments; sticks to claim of India overestimating GDP growth
-PTI In a new paper 'Validating India's GDP Growth Estimates', Arvind Subramanian said he had indicated his doubts on the growth numbers in the Economic Survey in 2015 as well as mid-year Economic Analysis. New Delhi: Sticking to his analysis that India’s economic growth has been overestimated, Arvind Subramanian said he had raised doubts about the GDP numbers in 2015 when he was the chief economic adviser of the Modi government...
More »Every number in Budget is authentic, says Sitharaman amid row over disparity in GDP figures
-The Indian Express The Economic Survey, released by Chief Economic Advisor S Krishnamurathy a day before the Union Budget, pegged the nominal GDP growth at 12 per cent while the budget projected it at 11 per cent. New Delhi: Finance Minister Nirmala Sitharaman Wednesday dismissed speculations surrounding the GDP figures quoted in the Union Budget, saying “every number is authentic”. Replying to the debate on her maiden Union Budget in the Lok...
More »Economic Survey's Call for MGNREGA to Become 'Rural Distress Indicator' a Nod to Jobs Crisis?
-TheWire.in The survey also conferred a lot of credit on the Centre’s move in 2015 to implement direct benefit transfer and Aadhaar-linked payments when it comes to workers' wages. New Delhi: In tacit acceptance of the sudden surge in demand for jobs under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) following the demonetisation move of the government in 2016, the Economic Survey (released this July 4) has called for using...
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