-The Telegraph The Centre’s efforts to introduce reformist laws to reinvigorate the business ecosystem can often be stymied by the states through regressive legislation Labour reform in India has always been a prickly subject and any attempt to amend legislation sparks outrage and resentment among one or the other group of stakeholders in the economy. When the Narendra Modi government crunched 29 Central laws into four labour codes last year, India Inc...
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After 5 years of demonetisation, black money is very much around -Dinesh Unnikrishnan
-MoneyControl.com The Narendra Modi government expected demonetisation to extinguish at least Rs 3-4 lakh crore of black money. However, RBI data show that 99% of the money that was invalidated came into the banking system. Meanwhile fresh seizures of black money continue. On November 8, 2016, Prime Minister Narendra Modi appeared on national television and said that all Rs 500 and Rs 1,000 notes would become invalid at midnight. The announcement at...
More »The State that failed -MG Devasahayam
-The Telegraph As the most inequitable country in the world after Russia, today's India is indicative of this fact The Union ministry of women and child development protested against the downgrading of India from 94 to 101 on the Global Hunger Index, 2021. According to the ministry, the proportion of undernourished population given in the report is “devoid of ground reality and facts, and suffers from serious methodological issues”. The ministry is protesting...
More »Has India’s Informal Economy Really Shrunk? The Actual Story Is Different -Biswajit Dhar
-TheQuint.com A recent SBI report, which states that the informal economy has declined, avoids even defining ‘informal economy’. A recent edition of “Ecowrap”, a publication of the research team of the State Bank of India (SBI), has claimed that India’s informal economy has sharply declined from 52.4 per cent in 2017-18 to between 15 and 20 per cent in 2020-21 in the three years since 2017-18. This finding by the SBI research...
More »Cooperative sector can turn India into $5 trillion economy, make agriculture 'atmanirbhar': Amit Shah -Deven Kanal
-Firstpost.com Shah visited the Amul Dairy premises and then held a meeting with senior officials of the GCMMF, the state government and the leaders of the cooperative sector leaders Anand: Union Home and Cooperation Minister Amit Shah on Sunday said the cooperative sector has a potential to turn India into a $5 trillion economy and will also prove crucial in making the agriculture sector self-reliant. He also stressed the need to implement...
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