A document of the Ministry of Statistics and Programme Implementation (MoSPI) dated 25th June, 2018 says that the number of members subscribing to the Employees' Provident Fund (EPF) scheme gives one an idea of the level of employment in the formal sector viz. mostly employment in establishments employing 20 or more persons (though EPF is applicable for certain organisations, which employ less than 20 persons, subject to certain conditions and...
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A vote of no confidence from the farmers -Yogendra Yadav & Avik Saha
-The Hindu There is enough evidence to show that the government has failed farmers and agricultural labourers in a big way As the Lok Sabha debates the vote of no confidence today, representatives of farmers from across the country will be marching outside Parliament under the banner of All India Kisan Sangharsh Coordination Committee (AIKSCC), an umbrella body of 201 farmer organisations. Farmers have already passed a vote of no confidence against...
More »Per capita income, human development rankings puncture holes in India's GDP rise story -Sakshi Arora
-ThePrint.in GDP per capita of $1,940 shows the average Indian is less prosperous than those in some of our neighbouring countries. New Delhi: India is now the sixth largest economy in the world with a Gross Domestic Product (GDP) of $2.597 trillion, according to World Bank data for 2017, updated this week. It has surpassed, among other countries, France which has a GDP of $ 2.582 trillion. The data points to a rapidly...
More »Arvind Subramanian, outgoing Chief Economic Adviser to the Ministry of Finance, interviewed by TCA Sharad Raghavan (The Hindu)
-The Hindu The outgoing CEA also batted for the lateral entry of talent into the government The compensation payable to the States for revenue loss arising due to GST is just ?5,000 crore, far lower than was estimated, according to Chief Economic Adviser Arvind Subramanian. In a candid interview to The Hindu, the outgoing CEA also batted for the lateral entry of talent into the government, saying that it was a “no brainer”...
More »Why we need a Constitution -Rajeev Bhargava
-The Hindu Constitutions are needed not only to limit wielders of existing power but to empower those traditionally deprived of it The recent judgment by the Supreme Court clarifying the respective jurisdictions of Delhi’s Lieutenant Governor and its elected representatives and specifying the limits of their powers once again underlies how fortunate we are to have the Constitution. Why should gratitude be expressed for living under a constitutional democracy? Why do we...
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