-The Hindu This is the first time that the Centre has scrapped the notified interest rates on small savings schemes after switching to a quarterly interest rate setting system in April 2016. Hours after notifying significant cuts in small savings instruments’ returns for this quarter, the government has backtracked on these sharp cuts. This is the first time that the Centre has scrapped the notified interest rates on small savings schemes after...
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India’s true self-reliant entrepreneurs -Maitreesh Ghatak and Mukulika Banerjee
-Hindustan Times The lockdown showed how migrant workers, let down by the State, community and market, are the nation’s most valuable resource Atmanirbharata is India’s new economic policy. Nirbharata means reliance, and atma means the self. The Atmanirbhar Bharat Abhiyan, announced by Prime Minister (PM) Narendra Modi, following the lockdown announced on March 24, 2020, calls for India’s economic mission to be based on self-reliance. Recently, the PM extolled the virtues of...
More »Lessons in direct income support from Odisha -Varad Pande and Shilpa Kumar
-The Indian Express Governments can learn much on how to construct a social welfare system for farmers from Odisha's KALIA scheme for DIS. The recent farmer agitation has brought the issue of farmer distress front and centre in the public consciousness. The time seems ripe to find new solutions to the structural challenges facing farmers. One promising step is the shift from non-targeted agriculture subsidies towards direct income support (DIS). A key...
More »Indians Work Longest, Earn Least With Virtually No Time for Leisure: ILO Report
-TheWire.in The minimum statutory wage of an Indian worker is the lowest in the world, except for some sub-Saharan African countries. New Delhi: A latest report by the International Labour Organization (ILO) has revealed that Indians are among the most overworked lot globally while earning the least minimum statutory wage in the Asia-Pacific region, barring Bangladesh, Live Mint has reported. India ranks fifth in the world among the countries with long working hours...
More »India Inc gears up to go back to office -Goutam Das
-Livemint.com * Companies are slowly and tentatively shifting from WFH to WFO. What are the plans and pain points? * There’s apprehension about using public transport. Refurbishing office ventilation systems is a challenge. Whether offices would go back to 100% strength is an open question NEW DELHI: Paul Dupuis wore a blue suit, his lucky tie, brown shoes, a black mask and a cycling helmet before he hopped onto a vintage Indian bicycle....
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