-The Indian Express A change in definition is expected to improve their ease of doing business and help create more jobs. It has been reported that the government will soon change the way it defines the micro, small and medium enterprises (MSMEs). “We will have one meeting and then finalise it (changes to MSME definition),” Union Minister Nitin Gadkari told news agency PTI, adding that extensive changes will be made soon....
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Farmers' Movements call for protests across the country on October 24, 2019 against RCEP Free Trade Agreement
-Press release by Alliance for Sustainable & Holistic Agriculture (ASHA) dated 6 October, 2019 Farmers’ movements are inviting all citizens, social organisations and people’s movements of India to hold protests all over the country on the 24th of October 2019, against the Regional Comprehensive Economic Partnership (RCEP) Free Trade Agreement. The Indian government is negotiating RCEP with 15 other countries including ASEAN countries along with large industrial economies like China, Japan, South...
More »New numbers show dip in growth of core infrastructure sectors
-The Indian Express The August numbers mark the first contraction in core infrastructure output since April 2019, pointing to the continuing weakness in demand conditions. New Delhi: The growth of eight infrastructure sectors contracted 0.5 per cent in August following broad-based deterioration in output across as many as five sectors, including cement and electricity. But for a turnaround in refinery products — the largest constituent of the core sector — and...
More »IIP growth rebounds, retail inflation surges
-The Hindu Electricity sector growth, however, slows to 4.75% in July from 8.19% in June; food inflation at a 14-month high Industrial activity rebounded in July to 4.3% on a broad-based recovery across key sectors such as mining, manufacturing and construction, official data released on Thursday showed. In a separate release, data showed retail inflation rose in August to hit a 10-month high of 3.21% on quickening food price rises. Growth in the Index...
More »The problem of skilling India -Christophe Jaffrelot & Vihang Jumle
-The Indian Express India’s employment crisis calls for more government expenditure in education, adequate training. Prime Minister Narendra Modi, in his recent Independence Day speech, said, “We need to worry about population explosion”. These words stand in stark contrast to his previous references to India’s demographic dividend where the country’s population was seen as an asset. This shift reflects a new awareness, according to which demography brings a dividend only if...
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