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India's unemployment RATe rises to 6.9% in February: CMIE -Chitranjan Kumar

-BusinessToday.in Among the states, Haryana reported the highest unemployment RATe of 26.4 per cent, followed by Rajasthan at 25.6 per cent and Goa at 21.1 per cent India's unemployment RATe increased to 6.9 per cent in February 2021 from 6.53 per cent in the previous month, according to latest data released by private think-tank Centre for Monitoring Indian Economy (CMIE). The data showed that unemployment RATe in urban areas declined despite a...

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Why Bihari Farmers Are Looking to Sell Their Sugarcane in Nepal -Umesh Kumar Ray

-TheWire.in The closure of a sugar mill has left farmers in Sitamarhi and Sheohar with no other option. Sitamarhi (Bihar): Farmer Gunanand Chaudhary of Hirolwa, Majorganj block in Bihar’s Sitamarhi had cultivated sugarcane on a 25-acre field. When the district’s only sugar mill, Riga Sugar Mill, announced that it won’t be opening this year, it came as a shock. Thankfully, Nepal is just four km from his village. Chaudhary has so far sold...

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1,200 faculty in rural engineering colleges will lose jobs by month-end -Priscilla Jebaraj

-The Hindu “What is government talking about NEP when it cannot sustain gains of an existing project?” A World Bank funded project to take graduates from elite institutions to rural and remote engineering colleges in poorer States is coming to an end in March, leaving more than 1,200 assistant professors out of a job and some rural colleges bereft of half their faculty. The Centre is preparing its own MERITE project with...

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NITI Aayog recommends curtailing coverage under food security law to save on subsidies: Report

-Scroll.in The think tank has reportedly suggested cutting down coverage in rural areas from 75% of population to 60% and from 50% to 40% in urban areas. Government think tank NITI Aayog has recommended lowering the coverage of both rural and urban population under the National Food Security Act, 2013, to save up to Rs 47,229 crore annually, The Indian Express reported on Sunday. The recommendation, which is part of a discussion paper,...

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To cut subsidy bill, Niti paper says lower coverage of food security law -Harikishan Sharma

-The Indian Express Based on the rural and urban coverage RATio, the erstwhile Planning Commission had determined the state-wise coverage RATio using the National Sample Survey Household Consumption Expenditure coverage under food security law Survey data for 2011-12. NITI AAYOG, the government think tank, has recommended reducing the rural and urban coverage under the National Food Security Act, 2013, to 60 per cent and 40 per cent, respectively, which it estimates, can...

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