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Government to step up mergers in PSU banks: Arun Jaitley

-The Times of India NEW DELHI: The Centre will pursue more mergers in the state-run banking space as the aim is to have a handful of strong and bigger banks of international level, finance minister Arun Jaitley has said. "Today banking is not what it used to be 10-20 years ago... Is it necessary to have 30-32 public SECtor banks, some of them weak? Obviously not. What will you do with...

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Hazards of relying on labour bureau's employment data to evaluate job creation -Roshan Kishore

-Livemint.com A detailed look at Labour Bureau’s Quarterly Employment Survey (QES) methodology and design suggests that one shouldn’t read too much in these numbers New Delhi: Opposition parties and many commentators have been citing the Labour Bureau’s Quarterly Employment Survey (QES) numbers to attack the government over failure to generate employment). How credible are such claims? A detailed look at QES methodology and design suggests that one shouldn’t read too much in...

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The bleak new academic scenario -Krishna Kumar

-The Hindu Liberalisation has eroded the institutional capacity to train young people who might pursue liberal values The other day, a student asked me what exactly the word ‘liberal’ mean. She wanted to know whether ‘liberalisation’ promotes ‘liberal’ values. She had noticed that institutions of higher education, which are supposed to promote liberal values, were finding it difficult to resist ideological and commercial pressures triggered by the process of economic liberalisation. So,...

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Meat curbs shadow on milk supply -Anita Joshua

-The Telegraph New Delhi: The government's ban on cattle and buffalo sales for slaughter in animal markets will hurt not just meat sellers but also farmers across communities and could spark a milk shortage, meat dealers today said. "This is a very impractical move. It is totally anti-farmer," said Yusuf Quraishi, president of the Uttar Pradesh unit of the All India Jamiat-ul-Quraish. Most of those engaged in slaughtering animals are Muslims from...

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Sangh arm slams Niti -JP Yadav

-The Telegraph New Delhi: The Rashtriya Swayamsevak Sangh's labour arm has accused the Niti Aayog of being committed to a powerful corporate lobby, said it was responsible for giving the Narendra Modi government an anti-labour face and called for revamping the think tank. The Bharatiya Mazdoor Sangh's scathing criticism of the think tank - that has replaced the Congress-era Planning Commission - coincided with celebrations by the BJP and the government to...

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