-News18.com The RBI has been mandated by the government to keep retail inflation at 4 per cent with a margin of 2 per cent on either side  India’s retail inflation increased to 6.01 per cent in the month of January, driven by higher consumer goods and telecom prices along with a comparatively low rate a year ago, data released by the Ministry of Statistics and Programme Implementation on Monday indicated. Inflation, as...

-TheWire.in A bench comprising Justices M.R. Shah and B.V. Nagarathna said that state governments cannot say that fraudulent claims are being made by families of COVID-19 victims. New Delhi: The Supreme Court highlighted that official Statistics on COVID-19 deaths, released by states, were “not true” and directed state governments to pay compensation to relatives of deceased people who have applied without rejecting the claims on technical grounds. “Official Statistics are not true on...

-TheWire.in Contrary to expectations, the report shows that 40,000 more undertrials were held in prisons in 2020 than in 2019. Congestion in prisons in India came into renewed focus after the onset of the COVID-19 pandemic. Courts took urgent measures to prevent the spread of the contagious virus in prisons, asking state governments to set up high powered committees to release incarcerated persons on bail or parole. As a consequence, it is...

-Hindustan Times By prioritizing long-term growth via a capital spending push, the budget has underplayed the need for urgent steps to boost short-term consumption demand. Immediate analyses of the Union Budget are always focused on the headline numbers which the document contains. While these numbers are important , it is essential to take a big picture view of the economy to examine the validity of the budget’s larger premise. Such an exercise...

-The Hindu The trends in employment have not shown any clear and consistent patterns over the years The two important indicators of structural transformation in any economy are rates of growth and changes in the structural composition of output and the workforce. India has experienced fairly consistent changes in the first indicator, especially after the 1991 reforms, but the trend in employment has not revealed any consistent or clear pattern. The growth rate...