A decade ago, this figure was around 40%. This is leading to an increasingly polarised stock market - Marcellus/The Wire The United Payments Interface and the digitisation of business activity in India are one of the several factors driving an exponential surge in the concentration of corporate profitability in India. Improvements in transport infrastructure (e.g., the highway network has doubled over the past decade), the introduction of GST (in 2017) and new...
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India seeks discount in rare one-year urea import tender, say sources -Nidhi Verma
-ThePrint.in New Delhi: India has issued a global urea tender asking producers to quote a discount for the supply of 600,000 tonnes of urea, industry sources said and a document shows, as the nation seeks to cut import costs and secure cheaper supplies of the soil nutrient. India, where soil nutrients are sold at below market rates, annually imports urea through tenders by authorised companies such as India Potash Ltd, Rashtriya Chemicals...
More »Tracking employment data in ’22 as jobs return 2 yrs after Covid -Abhishek Jha
-Hindustan Times Since the Covid-19 pandemic started in 2020, economies all around the world have learnt that they must balance lives and livelihood to survive. Since the Covid-19 pandemic started in 2020, economies all around the world have learnt that they must balance lives and livelihood to survive. In 2022, India got the first part of this act almost right, due to both the natural trajectory of the pandemic and widespread adult...
More »Restore ration entitlements axed by PMGKAY withdrawal: Right to Food campaign
- Press release by Right to Food campaign dated 30 December, 2022 The Right to Food campaign has demanded that the government should restore the grain entitlements granted under the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY). On 23 December, 2022 the Union government announced that it would discontinue the PMGKAY from 1 January, 2023, thus halving the ration entitlements of eligible people. Under the National Food Security Act, 2013, (NFSA), all priority category ration cardholders...
More »Urban unemployment improved to best level in July-September -Abhishek Jha
-Hindustan Times Data also suggests that at least some of the improvement could be because of an increase in poor-quality jobs, a trend seen regularly since the Covid-19 pandemic India’s headline urban unemployment rate reached its lowest-ever level in the quarter ending September 2022, according to the quarterly bulletin of the Periodic Labour Force Survey (PLFS) released by the National Statistical Office (NSO) on November 24. However, the bulletin’s data also suggests...
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