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Govt blames Covid, but payment stalled year ago -Aanchal Magazine

-The Indian Express The economic slowdown, which has been underway for almost three years now, began to adversely impact GST revenue collections in August last year. While the Centre Thursday chose to pin much of the blame for the delays on GST compensation payments to the slowdown inflicted by the pandemic, the delays preceded the Covid-19 shock by almost a year – when payments due for August-September 2019 got delayed. Since then,...

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Magnets for manufacturing -Sthanu R Nair

-The Hindu Devising State-specific industrialisation strategies in coordination with the Centre will improve manufacturing Many think that in the aftermath of the pandemic, several manufacturing companies operating from China will relocate their businesses to other destinations, including India. Many American, Japanese, and South Korean companies based in China have initiated discussions with the Indian government to relocate their plants to India. Companies are expected to exit China due to three primary reasons....

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Sugarcane waste helps increase yield of key cereals: Study -Anjali Marar

-The Indian Express Husk, bran, straw, stover, skin, molasses and bagasse are some of the agro-waste products obtained from rice, wheat, maize, millet and sugarcane. Farmers usually burn these waste products after harvest, often leading to massive air pollution as experienced in Delhi during winters. Pune: A new study has found that coating jowar, bajra, wheat and maize seeds with organic mixture derived from sugarcane residue increases the yield of these cereals. City-based...

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Post-Lockdown, Workers Demand More Work, Better Wages Under Rural Jobs Scheme -Rajat Kumar

-Hindustan Times Dungarpur: India’s rural employment guarantee scheme is falling short in helping residents tide over the economic distress caused by the COVID-19 outbreak and the subsequent lockdown restrictions, data from Rajasthan suggest. Nearly 43% households who took up work under the scheme in Dungarpur, a largely tribal district in southern Rajasthan, had completed more than 50 of their 100 days of work in the first four months of the current financial...

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6.1 million youth may lose jobs in India due to Covid-19: ADB-ILO report -Indivjal Dhasmana

-Business Standard Unemployment rate in the country will rise to a staggering 32.5 per cent, but will be higher in Sri Lanka at 37.8 per cent As many as 6.1 million young people (15-24 years) may lose jobs in India in 2020 if the containment of the virus takes six months (roughly till September), says a report by Asian Development Bank (ADB) and International Labour Organisation (ILO). India will be followed by Pakisan,...

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