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The oil & rupee problem -Kirit Parikh

-The Indian Express A balanced approach can reduce petrol price without affecting revenues. RBI mustn’t artificially shore up rupee The Brent crude oil price has changed from around $68/barrel in January to $70/barrel on November 9, touching a high of $86 on October 3. The rupee has also fallen from Rs 63.30 per US$ in January to Rs 70 on November 9. These fluctuations have created major policy problems for the...

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ORF-WEF survey: '70% youth unaware of govt's skill development programmes' -Karishma Mehrotra

-The Indian Express The low training participation was mostly due to financial barriers and time constraints, with each category cited by a third of youth respondents. Seventy per cent of youth are unaware of government-run skill development programmes in their area, yet more than seventy per cent are very interested in pursuing skills training, according to a “Young India and Work” study by the Observer Research Foundation and World Economic Forum. The findings,...

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Only 9% of high court judges are women -Dhananjay Mahapatra

-The Times of India NEW DELHI: It was a historic moment in April 2017 when four women judges headed the most important high courts of Bombay, Delhi, Calcutta and Madras. But the Indian judiciary may have to wait for another decade to repeat the feat as women judges constitute barely 9% of the current working strength in high courts of the country. The golden moment for women in judiciary, which got its...

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India's wealthy barely pay taxes -CP Chandrasekhar and Jayati Ghosh

-NetworkIdeas.org India is often mistakenly seen as a country with relatively low economic inequality. In fact, there were always very significant economic inequalities in India, which intersected with social and locational inequalities in complex ways. More significantly, the country’s inequalities widened after the internal and external economic liberalization measures from the early 1990s, which attracted global financial investors and boosted economic growth considerably. The estimates of low inequality are usually based on...

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Demonetisation: A circus, clowns and a silver bullet -James Wilson

-National Herald Two years after the disastrous demonetisation, the Prime Minister and his Finance Minister—even the fawning media— no longer speak of the ‘Demonetisation Dividend’. There has been none Two years back, on November 8, at around 8.30 pm, the Prime Minister of India, with his characteristic love for drama, unleashed on the country what he had then claimed was the one silver bullet which would eliminate the triple evils of...

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