-TheWire.in The traders have incurred a loss of over Rs 5000 crore in the last 22 days, while 15 lakh labourers have lost their jobs due to the shutdown. Surat: On July 8, Surat, the economic capital of Gujarat, witnessed an unprecedented protest against the new tax regime, the Goods and Service Tax (GST). Texile traders swarmed a three-km stretch on the Ring Road, which holds city’s main textile market, on a...
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Stop Banks From Humiliating Farmers, Supreme Court Tells Tamil Nadu -A Vaidyanathan and Shylaja Varma
-NDTV The Supreme Court asked the Tamil Nadu government to install a process by which farmers can report misbehavior by bank officials while trying to make them pay up. New Delhi: The government's job is to prevent farmers from committing suicide and not distribute compensation after they have died, the Supreme Court told Tamil Nadu in strong words today, asking it to ensure that no coercive action is taken against...
More »Where are the jobs? -Himanshu
-Livemint.com The BJP government, which came to power on the promise of creating 20 million jobs per year, has not yet recognized the gravity of the situation The Central Statistical Office (CSO) has released the full-year growth estimates for 2016-17. These had been much awaited given the uncertainty over the impact of demonetization. These were on expected lines, with fourth quarter growth in gross value added (GVA) in 2016-17 declining to 5.6%...
More »GDP flop-show: Manmohan Singh has the last laugh in war of words with Narendra Modi over note ban -Dinesh Unnikrishnan
-Firstpost.com If one purely compare the January-March quarter GDP growth of fiscal year 2017 and fiscal year 2016, former Prime Minister Manmohan Singh’s prediction that demonetisation will shave off 2 percentage points of India’s GDP has come true. In the January-March quarter of FY16, GDP grew by 9 percent, which has come down to 6.1 percent in the corresponding quarter this year— a near 3 percentage point difference. Even the full...
More »Rahul 'jobless' jab at Modi -Sanjay K Jha
-The Telegraph New Delhi: Rahul Gandhi today accused the government of creating a grim employment situation through its lack of vision and commitment, reaffirming the Congress's persistent charge of jobless growth in the country over the past few years. "Sad to see our youth let down by this government's lack of vision. Between promises and performance lies capability and commitment," Rahul tweeted, referring to recent news reports about an employment crisis and...
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