-TheWire.in The Modi government’s attempts to reshape the economy lie entirely in the financial realm; they come on the back of concerted efforts to strip workers of legal protection in not just the informal sector, but also the formal. The Narendra Modi government has made two major interventions in the economic sphere, demonetisation and the Goods and Services Tax (GST), with the ostensible aim of expanding the formal sector at the expense...
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Sharp dip in employment levels in 2015-16: Survey -Rumu Banerjee
-The Times of India NEW DELHI: Employment levels, particularly for women, in 2015-16 as against 2005-06 have registered a sharp dip though women were employed in larger proportions than men in occupations such as "professional", "technical", "administrative" and "managerial", the national family health survey has found. A slightly higher percentage of women at 10% than men at 8% are employed in a professional, technical, administrative, or managerial occupations. Interestingly, 11% women who...
More »Union Budget 2018: Govt ensures payment of full MSP even if farmers sell below price
-Deccan Chronicle The finance minister said the agricultural output of the country is at a record high and wage of farmers will be doubled by 2022. New Delhi: The Narendra Modi-led NDA government presented the Union Budget 2018-19 on Thursday. In the last full-fledged Budget of the BJP government Finance Minister Arun Jaitley tabled a lot of proposals for the agriculture and the rural economy. For agiculture sector, the Budget 2018...
More »Forced formalisation is not healthy -C Rammanohar Reddy
-Business Standard The large informal sector is a consequence - not a cause - of the low level of development For decades, one of the central aims of economic policy in India has been to create conditions for workers to move from low- to high-income employment. This has usually implied a shift from the informal sector where productivity is low, to the formal sector where productivity is high. This process of “formalisation”...
More »Farmers in state reaping benefits of 'Bhoomee' app
-The New Indian Express BENGALURU (Karnataka): Bhoomee, a web-enabled platform for the agriculture community, and integrated with cloud, mobile and other digital technologies, intends to take information and engagement closer to farmers.An increasing number of farmers are reaping benefits of the platform. Rajanna, a farmer from Tumakuru district, got to know the price of watermelon in Bengaluru’s market through the Bhoomee platform and was able to sell his produce at double...
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