-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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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...
More »The limits to India’s privatization push -Arjun Srinivas
-Livemint.com * Privatizing more PSUs is once again the flavour of the season. But Data reveals govt is ignoring some hard truths * There are only a handful of sectors where a disproportionate market share and the nature of business gives government firms a case to command a premium About 10 days after the central government iterated on the floor of Parliament its resolve to privatize businesses owned by it on a scale...
More »GDP growth is being driven by larger firms. Smaller ones continue to suffer, need policy attention -Saugata Bhattacharya
-The Indian Express Policy coordination between the Centre and states will be crucial for implementing this ambitious reform agenda. The National Statistical Office will release the second advance GDP estimates for 2020-21 at the end of February. The first advance estimate had, in early January, forecasted a contraction of 7.7 per cent in 2020-21. This was due largely to an expected, sharp contraction in both industry and services. The second advance estimates...
More »Indians Work Longest, Earn Least With Virtually No Time for Leisure: ILO Report
-TheWire.in The minimum statutory wage of an Indian worker is the lowest in the world, except for some sub-Saharan African countries. New Delhi: A latest report by the International Labour Organization (ILO) has revealed that Indians are among the most overworked lot globally while earning the least minimum statutory wage in the Asia-Pacific region, barring Bangladesh, Live Mint has reported. India ranks fifth in the world among the countries with long working hours...
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