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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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Half of India faces drought with low pre-monsoon rain, heat spell

-Hindustan Times IMD on June 1 said that this year the monsoon rainfall is likely to be “normal” at 96% of the long period average (LPA), and indicated that it would be evenly spread that could bring some respite to people suffering from dry weather conditions. New Delhi/ Pune/ Bhopal: Around 43% of the country is staring at a drought, government reports released in the past week show. By June 15, it...

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No sick leave, job rotation: India's gig workers are overworked, underpaid -Prachi Salve & Shreehari Paliath

-Business Standard/ India Spend Another limitation of employment at app-based companies is the lack of avenues for professional growth Arif*, 28, shuffled uncomfortably in the driver’s seat of his Maruti Wagon R as he tackled the crowded streets of Lower Parel, Mumbai’s arterial business district, on a sultry April 2019 evening. A hit track from the recent Hindi movie Gully Boy played on the music system but it did nothing to drown...

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Pronab Sen, former chief statistician of India, interviewed by Kabir Agarwal and Anuj Srivas (TheWire.in)

-TheWire.in "I think the fact that the whole [NSSO] exercise began with a fundamental premise of keeping it comparable, that has been forgotten." The fierce debate over India’s unemployment figures came to a head last week, when a jobs data report by the National Sample Survey Office (NSSO) was finally made public. This report has been a source of contention ever since two members of the National Statistical Commission (NSC)  resigned allegedly...

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Despite Narendra Modi's LPG push, household air pollution kills 8 lakh people -Prabhash K Dutta

-IndiaToday.in The Modi government said it distributed free LPG connections to 8 crore households. A new study says 16 crore households still use solid fuels for cooking which causes 8 lakh annual deaths in India. * 11 lakh people die premature every year due to air pollution in India * 8 lakh or about 80 per cent of these deaths are caused by household air pollution * Modi government said it has distributed free...

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