-Press release by Azim Premji University dated October 13, 2022 New Delhi & Bangalore, October 13: About 39 percent of all jobcard-holding households interested in working under the Mahatma Gandhi National Rural Employment Guarantee Act 2005 did not get a single day of work in the Covid year of 2020-21. Also, on average, only 36 per cent of households that worked received their wages in 15 days, showed a survey of...
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Drop all cases under scrapped Section 66A, says Supreme Court -R Balaji
-The Telegraph Under the section, a person posting offensive content on the Internet could be imprisoned for up to three years and also fined The Supreme Court on Wednesday directed that no citizen could be prosecuted under Section 66A of the Information Technology Act, 2000, which was scrapped in 2015, and struck down all pending cases under the section. “Those cases where the alleged violations have been projected and citizens were facing prosecution...
More »Not a waste of time, file affidavits on demonetisation: SC -R Balaji
-The Telegraph Apex court asks Centre to place before it the communication issued to RBI on November 7, 2016, recommending policy The Supreme Court on Wednesday directed the Centre and the RBI to file comprehensive affidavits to justify the demonetisation decision of 2016, rejecting the government’s contention that the issue was now merely “academic” and any hearing would be a “waste of the court’s time”. The apex court asked the Centre to place...
More »Bullish on the India story, but banks not helping: MSME sector -K Sunil Thomas
-TheWeek.in Demand funding to recover from pandemic shock Indian businesses are bullish on the economy and India’s growth story, but could do with some help from the banking system. This was the message Indian businesses, especially those from the medium and small scale industries sector, have for the establishment. “When it comes to cost of capital, our banks have not done enough,” said Saket Dalmia, the new president of the PHD Chamber of...
More »India's retail inflation rises to 5-month high of 7.41%, industrial activity contracts -Meghna Sen
-The Telegraph Food inflation, which accounts for nearly half the CPI basket, soared 8.60% in September 2022 as against 7.62% in August Driven by rising food prices, India's retail inflation accelerated to 7.41% in September, the fastest pace in five months, data released by the National Statistical Office (NSO) showed on Wednesday. The number stayed well above the Reserve Bank of India's (RBI) upper tolerance band for the ninth straight month. This...
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