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Maharashtra gets just 4% of all Mudra loans but generates most new jobs -Aanchal Magazine

-The Indian Express Maharashtra does not rank among the top five states in terms of loans disbursed. It could garner just 4% share in the total loans but generated the maximum additional jobs of 15%. Just five states, Tamil Nadu, Karnataka, Odisha, Bihar and West Bengal, account for about 70% of total loans disbursed — by value — under the Mudra scheme during April 2015 to December 2017, according to the...

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Prayagraj's unemployment rate highest in country, 1.5 lakh unemployed in govt records -K Sandeep Kumar

-Hindustan Times Prayagraj, or the erstwhile Allahabad, tops this unemployment list with an unemployment rate of 8.9%. It’s no mere coincidence that Uttar Pradesh’s Prayagraj has the dubious distinction of being the city with the highest unemployment rate in the country. Government record shows that a whopping 1.5 lakh unemployed youth are in the queue of those hunting jobs which are few and far in between. The National Sample survey Organisation (NSSO) in...

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Every third Indian policeman finds mob lynchings a 'natural' response to cow slaughter

-Scroll.in/ IndiaSpend A new survey reveals the biases among India’s police forces. Every third Indian police person thinks it is natural “to a large extent” or “somewhat” – for a mob to punish culprits when there is a case of cow slaughter, a new survey has revealed. These data correlate with the findings of a FactChecker.in database that tracks such violence: police had charged victims in 28% of 133 cow-related attacks since...

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What is behind the GDP growth falling to 5% -Radhika Merwin

-The Hindu Business Line Apart from slowdown in manufacturing and construction, the steep decline in consumption is a big cause for worry Even as the Centre’s big bank mergers detracted the attention briefly from the much-awaited GDP growth numbers for the April-June quarter, the sharp slowdown drew the market’s attention back to the immediate issue at hand. The Central Statics Office (CSO) revealing that the real GDP growth in Q1 of the...

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Slowdown Blues: Govt needs to raise income levels of working population to boost growth -Prasanna Mohanty

-Business Today Now that a decline in private consumption is pulling down economic growth, the focus needs to shift to improving wages and other measures to spur demand and savings, which does not seem to be happening now New Delhi: That the Indian economy is slipping into a recession is quiet apparent. The real GDP growth has gone down from a peak of 8.2% in 2016-17 to 6.8% in 2018-19, with the...

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