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CAG 'deliberately delaying' report on Rafale deal, demonetisation: Former bureaucrats

-The Economic Times NEW DELHI: Sixty retired bureaucrats have written to the CAG expressing concern over audit reports on demonetisation and the Rafale deal being "deliberately" delayed to not "embarrass" the NDA government till next year's general elections. In a letter, they said there was concern over the "unconscionable" and "unwarranted delay" in bringing out the audit reports on demonetisation and the Rafale fighter jet deal, and the reports should be...

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Soaring Joblessness Among Youth May Sink BJP in Polls - Subodh Varma

-Newsclick.in Unemployment among youth is raging at a staggering 26 per cent to 55 per cent in the three BJP ruled states going to polls in the coming weeks. High and pervasive joblessness among youth of age group 20-29 years is severely denting the re-election prospects of BJP in Chhattisgarh, Madhya Pradesh and Rajasthan. According to data from CMIE’s Statistical Profile for May-August 2018, unemployment rate was 26 per cent in...

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Demonetisation, GST held back growth: Raghuram Rajan

-PTI Says 7% growth not enough; centralisation of power a problem. Demonetisation and the Goods and Services Tax (GST) are the two major headwinds that held back India’s economic growth last year, former RBI governor Raghuram Rajan has said, asserting that the current 7% growth rate is not enough to meet the country’s needs. Addressing an audience at the University of California in Berkeley on Friday, Rajan said for four years — 2012...

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Poverty in all its faces -C Rangarajan & S Mahendra Dev

-The Indian Express Growth can alleviate poverty but its definition needs to expand to make any tangible difference on the ground. Amidst the din caused by the story of rising billionaires, the message on India’s poverty decline in the recent report of the Oxford Poverty and Human Development Initiative has been lost. UNDP and Oxford University released the report on Global Multidimensional Poverty Index (MPI) 2018. This report covers 105 countries. The...

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No respite from poverty for Muslims -Irfan Ahmad & Santosh Mehrotra

-The Hindu Government intervention is required to improve educational and economic indicators The National Sample Survey Office (NSSO) labour force survey reports that the economic condition of Muslims does not show any signs of improvement despite India being the fastest-growing large economy. An analysis of the data on economic and educational indicators for various religious groups reveals that Muslims are facing a vicious circle of poverty. Lowest education levels The NSSO’s 68th round (2011-12)...

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