-IndiaSpend.com/ Scroll.in GST and Demonetisation continue to hurt the livelihoods of workers in India’s IT hub. Kurubarahalli is a congested corner of India’s technology capital, packed with narrow roads, alleys, heavy traffic, shops and darshinis, as small self-service eateries are called here. The area starts humming with activity as early as 7.30 am. Among the first to arrive at the labour hub here are daily wagers seeking employment. On any working day you...
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Public sector banks' long-term strategy on Jan Dhan begins to pay off -TCA Sharad Raghavan
-The Hindu Total deposits in the last three years have grown by over 2.5 times to Rs. 98,400 cr. Public sector banks stand to earn as much as Rs.5,000 crore due to the increasing quantum of deposits placed in Jan Dhan accounts, and can vastly monetise this resource once they start implementing advanced analytics and begin lending to these customers, according to industry players and analysts. Over the last three years, the number...
More »The problem with cherry-picking data -Arun Kumar
-The Hindu If it’s the government’s case that NSSO figures are suspect, what has it based policy decisions on? Minister of State for Housing and Urban Affairs Hardeep Singh Puri said last week, “we definitely have a data crisis,” and blamed academics for creating a “false narrative”. Yet, at the heart of the data crisis in India is the Central government, which has been holding back important data. Most recently, it did...
More »The Danger Of Silver Bullets -Ajay Vir Jakhar
-The Indian Express Rural crisis needs nuanced interventions, not tall promises in party manifestos Farmers were sold a dream in 2014 that everything was going to change. But now they have compelling reasons to feel they were deceived. Party manifestos indicate what the politicians want us to believe. After elections, winners get either selective amnesia (Rs 15 lakh in each bank account), re-interpret promises (MSP at C2+50 per cent), continue to...
More »Extending MGNREGA to urban areas will create 50 million jobs: State Of Working India 2019 report -Ralph Alex Arakal
-The Indian Express Interestingly, researchers observed that as much as 5 million people left the workforce between 2016 and 2018. "The beginning of the decline in jobs coincided with Demonetisation in November 2016, although no direct causal relationship can be established based only on these trends," The State of Working India (SWI) 2019 report released by Azim Premji University says. Bengaluru: Researchers and economists of Azim Premji University, based in Bangalore,...
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