-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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Petroleum consortium says refusal to display PM's picture is inviting threat of blocked supplies -Piyush Pandey
-The Hindu Consortium representing them says refusal to display PM’s picture is inviting threat of blocked supplies Mumbai: Dealers operating petrol pumps have received a verbal advisory from state-owned oil marketing companies (OMCs) to put up pictures of Prime Minister Narendra Modi at their retail outlets, triggering a protest. Indian Oil Corporation (IOCL), Hindustan Petroleum Corporation Limited (HPCL) and Bharat Petroleum Corporation Limited (BPCL) have asked the dealers to arrange the display ahead...
More »Supreme Court poser on VVPATs
-The Telegraph New Delhi: The Supreme Court on Thursday sought the response of the Election Commission on petitions filed by Congress leaders seeking the use of voter-verified paper audit trail machines in randomly selected polling stations. A bench of Justices A.K. Sikri and Ashok Bhushan posted the matter for further hearing to August 31. Congress leaders Kamal Nath and Sachin Pilot have filed separate petitions seeking the use of VVPAT machines in "at...
More »Congress uses revised GDP data to defend UPA's economic record -Anuja
-Livemint.com The UPA delivered the highest decadal growth (8.13% at factor cost) since India acquired independence and handed over an Indian economy on the upswing in 2014, says former finance minister P. Chidambaram New Delhi: The Congress on Sunday defended the record of the United Progressive Alliance (UPA) on the basis of recently published back series data on gross domestic product (GDP). At a press conference today, former finance minister P. Chidambaram...
More »Did Modi just give an A+ to Manmohan on economy?
-The Times of India NEW DELHI: A government-appointed panel has estimated that the economy grew at a double-digit rate (10.1 per cent) in 2006-07, a first in the post-liberalisation era and the second highest ever. The new series uses 2011-12 as the base year for prices, as against 2004-05 in the old series. The panel headed by Sudipto Mundle concluded that the difference is minimal, addressing concerns often raised about the...
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