-The Indian Express GDP estimates are advance figures, but by the time they are revised only staid economists will be interested in them Unless we simply dreamt it, demonetisation delivered a massive shock to the economy in early November, which continued well into December because of slow pace remonetisation. The ensuing liquidity crunch affected most informal economic activity and some formal business, and economists generally agreed that declines in demand and disruption...
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Plan to allow larger firms to shut shop sans govt. nod -Somesh Jha
-The Hindu Labour Ministry to discuss revised guidelines at GoM The Labour Ministry has proposed that factories with up to 500 workers be allowed to lay off workers or shut shop without seeking government permission, in a bid to give firms flexibility in hiring and firing employees. The Ministry is set to discuss the proposed Labour Code on Industrial Relations at the next meeting of the Group of Ministers (GoM), scheduled for March...
More »Gender gaps in digital access threaten to 'leave women behind': UN report
-The Hindu Business Line UN panel cites social norms, costs among barriers to digital inclusion of poor women New Delhi: Wide gender gaps in access to the internet as well as mobile phone ownership threaten to “leave women behind” as countries develop, says a report by the UN high-level panel, calling for digital inclusion, especially of poor women, to achieve one of the key Sustainable Development Goals — economic empowerment of women...
More »Ramesh Chand, Niti Aayog member, interviewed by Prasanta Sahu and Sandip Das (The Financial Express)
-The Financial Express While the Central Statistical Organisation has estimated “agriculture and allied services” to grow 4.1% in FY17, Niti Aayog member Ramesh Chand expects the growth rate to be a handsome 7%. Chand spoke to FE’s Prasanta Sahu and Sandip Das on critical factors that need to be addressed to ensure at least 4% annual growth over the next 15 years. * How do you foresee the direction of the agricultural...
More »Clean Ganga project hurts livelihoods, divides communities -Deeptiman Tiwary
-The Indian Express Suspension of work during festivals to ensure a cleaner Ganga and cow vigilantism, which has led to closure of several abattoirs and brought raw hide supply to half, have made things worse. Kanpur: The Namami Ganga Project has hurt leather workshop owner Aqueel Ahmed, 27. His earnings have dwindled with the crackdown on factories polluting the river in Kanpur’s Jajmau area. A kilometre away, priest Ramesh Prasad Tiwari,...
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