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Budget 2018: Trade unions urge govt to focus on employment generation

-PTI The leaders claimed thousands of people had lost their jobs because of demonetisation Trade Unions want the government to allocate more funds in the Union Budget for employment generation and claimed that opening up the retail market to foreign players would lead to further loss of jobs. Though Finance Minister Arun Jaitley had said suggestions made by TU leaders during a pre-budget consultation meet last month would be considered, the leaders felt...

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Jaitley's Electoral Bonds Pose A Major Threat to Indian Democracy -Prabhat Patnaik

-TheCitizen.in It’s a powerful means of centralising power and crushing opposition NEW DELHI: Finance Minister Arun Jaitley had outlined a scheme of electoral bonds in his budget speech on February 2, 2017. Now, exactly 11 months later, the notification of the scheme and some details of it have finally been announced in a Press Information Bureau release on January 2, 2018. Along with this release Jaitley himself has also written an explanation-cum-defence of...

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Lack of transparency plagues India's new insolvency and bankruptcy regime -Nitin Sethi

-Scroll.in A year after its launch, the new process that handles the recovery of crores of rupees of unpaid corporate debt is shrouded in opaqueness. India’s new insolvency and bankruptcy regime has been functioning for a year without any disclosure norms or mandatory transparency regulations. In the first year of its application, the regime is already dealing with more than 450 cases that add up to thousands of crores of rupees...

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Health tips -K Sujatha Rao

-The Indian Express Instead of cancelling hospital licences, bring in patient centric laws, institutional capacity to enforce them. The grievous error in declaring a live baby dead by the capital’s Max hospital, following closely on the heels of Fortis hospital charging exorbitant amounts for the treatment of a seven-year-old child diagnosed with dengue, seem to have pushed things to a tipping point. The government responded by cancelling the licence of Max — a...

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The Truth Behind the Gujarat Growth Model -Indira Hirway

-TheWire.in After huge incentives to corporate units, the Gujarat government is left with limited funds for education, health, environment and employment for the masses. What is the Gujarat model? In simple terms, it refers to a period from 2002-03 to 20011-12 during which Gujarat experienced a quantum jump in its growth rate. The driving force was the then chief minister Narendra Modi’s innovative interpretation of neoliberal policies. The growth strategy had three major...

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