-The Telegraph Only 1.12 crore jobs created in three years under the Mudra scheme, the bureau's data suggested New Delhi: A central government agency has been asked to “revalidate” data which estimated that only 1.12 crore additional jobs were created in three years under the Pradhan Mantri Mudra Yojana, a scheme Prime Minister Narendra Modi cites to defend his record on employment generation, sources have told The Telegraph. Several independent analysts suspect that...
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How Much Is a Woman's Labour Worth? Rs 37 a Day, According to the Indian Govt -Neha Dixit
-TheWire.in Mid-day meal cooks in Bihar – mostly women from Dalit and Adivasi communities – are subject to the worst kind of institutional gender discrimination. Patna/Jehanabad/Bhojpur (Bihar): On February 11, while Prime Minister Narendra Modi served the third billionth Akshay Patra mid-day meal in Vrindavan, Uttar Pradesh, he said that his “government has given special focus on the nutrition of the children because a healthy childhood is the foundation of New India”. “Modiji...
More »Bonds of secrecy -PDT Achary
-The Indian Express Concealing the identity of donors in electoral bonds goes against a fundamental tenet of democracy — transparency Electoral bonds are attracting attention in the run-up to the general elections. These bonds were conceived in 2017 and the necessary legislative changes were made in the Finance Bill of 2017. For example, Section 31 of the Reserve Bank of India Act, 1924, was amended and a new Clause (3) was...
More »Demonetisation triggers 1400 per cent rise in suspicious transaction reports: Financial Intelligence Unit
-PTI The elite financial snooping unit of the country has compiled comprehensive data of such instances, including fake currency deposits, for the year 2017-18. NEW DELHI: The 2016 demonetisation of two high-value currencies has led to an all-time high generation of over 14 lakh suspicious transaction reports (STRs), a record 1,400 per cent jump over the past, by banks and other financial institutions in the country, a latest FIU report has found. The...
More »Rural distress is real: Negative monthly growth of real wage rates witnessed in rural areas for 9 consecutive months, starting from November 2017
Growth in rural wages not only indicates economic prosperity of the masses, it is also considered important so as to generate effective demand for goods and services, which is produced by various sectors of the economy. When Money becomes available in the hands of rural workers due to government spending on programmes such as Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), it generates demand for commodities. The production of commodities...
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