Paytm's founder Vijay Shekhar Sharma was in the news recently for signing a deal to purchase a Rs. 82 crore worth property in Lutyens’ Delhi. He is credited with the growth of Paytm's mobile wallet services, which is currently being used by over 220 million users across the country. Although Paytm was launched in 2010, the popularity of its mobile wallet services and payment gateway among the ordinary citizens grew...
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Between 2013-14 & 2016-17, rabi foodgrain output likely to drop by 1 million tonne
Much to our surprise, a careful relook at the newly released estimates on farm production from the Ministry of Agriculture and Farmers Welfare would reveal that the foodgrain production during the rabi season is likely to fall by almost 1 million tonne between 2013-14 and 2016-17. Please see chart-1. Amidst the celebration of a bumper harvest in the ongoing crop year, it needs to be explained why the rabi foodgrain output...
More »What the Data Tells Us About 'Sabka Saath, Sabka Vikas' -Anamitra Roychowdhury
-TheWire.in The Modi government has struggled to achieve success on crucial development fronts such as farmer incomes and job creation. Public memory in India is amnesic. Still, it is difficult to forget that Narendra Modi rode to power in 2014 on the plank of promoting development, aptly captured by ‘Sabka Saath Sabka Vikas’. This is not a novel idea in itself as others too have tried to win over voters adopting similar...
More »Why are millions of Indian women dropping out of work? -Soutik Biswas
-BBC Why are millions of women dropping out of work in India? The numbers are stark - for the first time in India's recent history, not only there was a decline in the female labour participation rate, but also a shrinking of the total number of women in the workforce. * Nearly 20 million Indian women quit work between 2004-05 to 2011-12 * The labour force participation rate for women of working age declined...
More »Government pushes ahead with plan for SC/ST quota in promotions -Mahendra Singh
-The Economic Times NEW DELHI: The Centre is moving ahead on the proposal to provide reservation in promotion for SC and ST employees in government jobs with a key official report saying underprivileged sections needed affirmative action. A report prepared by the department of personnel and training (DoPT), presented to Prime Minister Narendra Modi, supported quotas in promotion for SCs and STs. "For equal opportunity and Inclusive growth, there is need for...
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