-The Indian Express On the latest justifications being given by the RBI, Franco asked “what was that economics he (Governor Patel) learnt to roll out a financial policy like Demonetisation troubling the entire population?” Chennai: Blaming the Reserve Bank of India Governor Urjit Patel for “misusing” the central bank to carry out demonetisation which “caused trouble to the common man”, D Thomas Franco, general secretary of All India Bank Officers Confederation has...
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Country of a chosen few -TSR Subramanian
-The Indian Express Thomas Piketty points to the widening income disparities that have accompanied economic growth in India, which endanger social stability The paper by Thomas Piketty and Lucas Chancel, ‘Indian Income Inequality 1922-2014 — From British Raj to Billionaire Raj?’, is now in the public domain. Piketty needs no introduction — his Capital in the Twenty-First Century has been one of the most influential books on economics in the past decade....
More »Govt is working on simplifying labour laws: Santosh Gangwar
-PTI NEW DELHI: The government is committed to labour reforms and simplification in the related laws to safeguard workers' interest, Labour and Employment Minister Santosh Kumar Gangwar said on Sunday. Listing a slew of steps to protect workers' interest, the minister said provisions have been made in the Employees' Compensation (Amendment) Act, 2017 to increase the penalty for its contravention from Rs 5,000 to Rs 50,000, which is extendable to Rs 1...
More »NHRC to oppose govt's deportation plan for Rohingyas -Neeraj Chauhan
-The Times of India NEW DELHI: The National Human Rights Commission (NHRC) will oppose the government's plans to deport 40,000-odd Rohingya Muslim refugees living illegally in the country, when the Centre submits its affidavit on the issue in the Supreme Court on Monday. The rights body will plead against their deportation on "humanitarian grounds' and for fear of persecution if they are sent back. The ministry of home affairs (MHA) is set...
More »At 9 lakh in 2016, India's under-5 mortality rate world's worst -Sushmi Dey
-The Times of India NEW DELHI: India still accounts for the highest number of deaths of children aged below five years, data from the Global Burden of Disease-2016 report, published in the medical journal 'Lancet', show. Globally, mortality rates have decreased across all age groups over the past five decades, with the largest improvements occurring among children younger than five years. In absolute terms, India recorded the largest number of under-5 deaths...
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