-Networkideas.org In recent times, the clamour for formalising economic activity, or shrinking its unorganised component and expanding the organised, has been heard from diverse sources. There are those who want formalisation to occur because the unorganised sector is seen as being largely outside the direct and indirect tax net, depriving the government of much needed resources. Hence, for example, one feature seen as favouring the Goods and Services Tax regime is...
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Not enough jobs, private investments missing: What's wrong with the world's fastest growing economy? -Dinesh Unnikrishnan
-Firstpost.com A report from rating agency CARE, released early this week, revealed that India's Employment scenario is not looking good. It said job growth in corporate India moderated to 3.8 percent in fiscal year 2018, from 4.2 percent in the previous fiscal and the problem is most severe with smaller companies. The report, based on an analysis of over 1,600 corporates, said smaller companies with net sales of less than Rs...
More »BJP members stall parliamentary panel report on reliability of Employment data -Sobhana K Nair
-The Hindu The draft report of the Murli Manohar Joshi-led Estimates Committee on “measuring growth, Employment and income” asks the government on how it can address the critical issue of unEmployment if it does not have “real time” and “holistic” data. A report by a parliamentary panel headed by BJP MP Murli Manohar Joshi, questioning the reliability of Employment data collected by the government, has been stalled following protests by other BJP...
More »UP, Bihar, 'Migrants' Flee Gujarat in Wave of Violence, Alpesh Thakor's Sena Involved
-TheCitizen.in AHMEDABAD: A little girl was raped by a man from Bihar last week. He was arrested. But rumours since sparked off large scale violence against Hindi speaking workers from Uttar Pradesh , Madhya Pradesh and Bihar across Gujarat, leading to a mass exodus.Thousands are reported to have fled the state over the past couple of days. The police claimed to have arrested at least 180 persons but not before mobs attacked...
More »Drought: Govt. asks farmers to go for short duration crops -GVR Subba Rao
-The Hindu Contingency plan focusing on alternative crops drawn up VIJAYAWADA (Andhra Pradesh): After declaring 296 mandals as drought affected, the State government has suggested the farmers to cultivate short duration varieties like jowar, horsegram, cowpea, korra, red , green and black gram. Seed distribution The Agriculture department has prepared a contingency plan to handle the situation focusing on alternative crops, supply of sufficient quantities of seed and Employment generation work. As part of...
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