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EPFO data government cited to show job surge is now down -Aanchal Magazine

-The Indian Express EPFO manages social security funds of workers in the organised/semi-organised sector in the country. EPF is applicable to establishments with more than 20 workers. New Delhi: The Employees’ Provident Fund Organisation’s (EPFO’s) enrolment numbers, which formed the basis for an ‘independent’ study released earlier this year that the government cited as an indicator of buoyancy in formal job creation in the economy, has now been sharply whittled down for...

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Modicare is a 'hoax'! After Amartya Sen, this economist slams Modi government

-Financial Express After presenting the Budget 2018, Finance Minister Arun Jaitley gave a name to government’s ambitious healthcare scheme Ayushmann Bharat: Modicare. He said that nobody knew whether Obamacare was successful but Modicare will become successful in every possible way. Dubbed as “world’s largest government-funded health care programme” aims to provide health insurance coverage of Rs 5 lakh per family per annum to 10 crore poor and vulnerable families. While the programme...

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Finance ministry's own division shares EC's concerns on electoral bonds & transparency -Sanya Dhingra

-ThePrint.in The Financial Sector Reforms and Legislation Division has agreed with the EC’s view, which is that the new laws are ‘retrograde’ and need to be withdrawn. New Delhi: The Election Commission’s concerns over the transparency of electoral bonds, introduced via the Finance Act, 2017, have been supported by the Financial Sector Reforms and Legislation Division of the Finance ministry. According to an RTI filed by activist Commodore Lokesh Batra (retd), an official...

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Arvind Subramanian, outgoing Chief Economic Adviser to the Ministry of Finance, interviewed by TCA Sharad Raghavan (The Hindu)

-The Hindu The outgoing CEA also batted for the lateral entry of talent into the government The compensation payable to the States for revenue loss arising due to GST is just ?5,000 crore, far lower than was estimated, according to Chief Economic Adviser Arvind Subramanian. In a candid interview to The Hindu, the outgoing CEA also batted for the lateral entry of talent into the government, saying that it was a “no brainer”...

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'Liberalisation' of qualifications -Jayanta Roy Chowdhury

-The Telegraph New Delhi: Controversy has again enveloped the bailiwick of the chief economic adviser to the Finance ministry amid suggestions that the Narendra Modi government has lowered the academic credentials and experience for the next incumbent who will replace Arvind Subramanian. Congress leader Ahmed Patel stirred the pot with a tweet: "Why has government diluted the educational and professional requirements for the post of chief economic advisor? Economist positions, even in...

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