-The Hindu The institution can play an important role in refreshing India’s fiscal federalism India’s Constitution-makers thought of India as a union of States with a centripetal bias, done, advisedly, to preserve the unity and integrity of a newly fledged nation. Since then, the Indian economy, polity, demography and society have undergone many changes. The new aspirational India is now firmly on a growth turnpike. It is in this context that we...
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Which one is a better indicator for depicting the problem of joblessness -- Proportion Unemployed or Unemployment Rate?
In a recent blog post, Columbia University professor Arvind Panagariya mentions that the critics of the present Prime Minister of India failed to underscore ‘employment rate’ -- flip side of unemployment rate -- that stood at nearly 94 percent according to the report on Periodic Labour Force Survey 2017-18. A recent article by Dr. Vikas Rawal and Prachi Bansal, however, points out that in order to understand the problem of joblessness...
More »More Women Are Out of Work, Reveals Govt Report -Subodh Varma
-Newsclick.in Women’s work participation has dramatically declined, unemployment is at an all-time high and they often get half the wage of what men get for same work, shows the latest labour force survey report. The recently released Periodic Labour Force Survey (PLFS) for 2017-18 reveals a striking decline in women’s participation in the workforce. Only about 22% of women of working age (defined as 15 years of age or more) were gainfully...
More »20,000 government hospital doctors in Delhi to go on strike on Monday at IMA's call
-Hindustan Times The strike is likely to hit outpatient clinics and other routine services (like diagnostics). Emergency services, however, won’t be affected, doctors assured. New Delhi: Around 20,000 resident doctors from government hospitals in the national capital will go on strike on Monday demanding a central law to protect those in the medical profession. The call for the strike was given by the Indian Medical Association (IMA), a representative body for doctors.The Resident Doctor’s...
More »India lost over Rs.90,000 crore to trade misinvoicing, says GFI report
-Livemint.com * Of the total estimated revenue losses, approximately $4 billion was due to export misinvoicing and approximately $9 billion due to import misinvoicing * Almost two-thirds of Indian imports that appear to be most at risk for some degree of potential revenues losses are imports from China New Delhi: India lost a staggering $13 billion, over Rs.90,000 crore, to trade misinvoicing, equivalent to 5.5% of the value of the country's total revenue...
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