-Hindustan Times While a final conclusion on employment growth should wait for 2017-18 NSSO data, rosy estimates based on selective assumptions do not inspire much confidence . New Delhi: In a study prepared as a background report for the Prime Minister’s Economic Advisory Council, economists Surjit Bhalla and Tirthatanmoy Das have claimed that the Indian economy created around 12.8 million jobs (by principal status) in 2017. The authors also claim that net...
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Note ban failed to curb the menace of counterfeit currency, indicates RBI's Annual Report
Although containing fake notes in circulation was one of the objectives behind demonetisation when it was undertaken in 2016, recent data from the Reserve Bank of India (RBI) reveals that fake counterparts of some denominations grew during 2017-18 vis-à-vis the previous year. The recently released Annual Report for 2017-18 of the RBI shows that the total number of pieces of counterfeit notes of Rs. 2000/- denomination, which was detected in the...
More »Delhi govt to give 10% discount on common mobility card for bus rides -Vatsala Shrangi
-Hindustan Times The Delhi Government had launched the common mobility card service on August 25, enabling commuters to pay bus fares through their Metro cards. New Delhi: The Delhi Government plans to give 10% discount to the users of newly launched common mobility card in all state-run buses. The transport department will put up the proposal before the Cabinet within a week. The move is aimed at encouraging more passengers to use...
More »Rajasthan HC bars Raje from holding public events during yatra -Rohit Parihar
-India Today Jaipur: Rajasthan High Court has banned holding of any Government functions during the BJP-sponsored Suraj Gaurav Yatra undertaken by Chief Minister Vasundhara Raje. A PIL had challenged the Government expenditure on the yatra because it was a party show. The PIL cited a few instances where Government departments had invited tenders and deputed officials for the yatra. The BJP had submitted bills of the expenditure it has been incurring on the...
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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