-News18.com The report states that women are much worse affected than men because they have higher unemployment rates as well as lower labour force participation rates. Bengaluru: India’s unemployment reached its highest at 6 per cent in 2018, double of what it was in the decade between 2000 and 2010. According to a report by Azim Premji University's Centre for Sustainable Employment, 50 lakh people lost their jobs after Narendra Modi’s...
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MPs' Development Funds Unspent = Cost Of Building 100,000 Houses After Cyclone Gaja -Faizi Noor Ahmad
-IndiaSpend.com Mumbai: Members of Parliament (MP) in the 16th Lok Sabha utilised 85% of the developmental funds they were allocated, leaving 15% unutilised--Rs 1,806.08 crore of the total amount of Rs 12,051.36 crore, a remainder larger than the Rs 1,700 crore that the Tamil Nadu government will spend to build 100,000 houses for people displaced by Cyclone Gaja. MPs from Meghalaya, Delhi, Chandigarh, Gujarat and Sikkim led the country in utilising their...
More »YV Reddy, former Reserve Bank of India governor and chairperson of the 14th Finance Commission, interviewed by Roshan Kishore (Hindustan Times)
-Hindustan Times The 15th Finance Commission (FC) has to submit its report in October 2019, which will be another important event in the evolution of India’s fiscal federalism framework. The Tenure of the Narendra Modi government has seen important changes in India’s fiscal federalism set-up such as the abolition of the Planning Commission (PC) and the roll-out of the Goods and Services Tax (GST). The 15th Finance Commission (FC) has to submit...
More »Exercise in manipulation -CP Chandrasekhar
-Frontline.in The political economy of the Modi regime was characterised by a redistribution of income in favour of a few and a worsened performance in job creation, welfare and alleviating deprivation. AT the end of its five-year term, the National Democratic Alliance (NDA) government’s claim that the Indian economy has experienced rapid growth during its Tenure sounds shallow. The gross domestic product (GDP) numbers, many observers argue, are wrong and possibly fabricated....
More »Unhappy numbers
-The Indian Express Economic data raises questions about missed opportunities and expending of political capital by NDA government. As India’s political parties switch to poll mode, economic data released in the past few days at the end of the NDA government’s term paints a far from rosy picture. Industrial growth in January slowed down to 1.7 per cent compared to the 2.6 per cent growth in factory output in December last...
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