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Fall in India nominal GDP growth in FY24 to challenge fiscal math - Ira Dugal

Reuters India's nominal GDP growth is likely to fall in FY 2023-24, hurting tax collections and putting pressure on the federal government to reduce the budget gap by cutting expenses ahead of national elections in 2024. Nominal GDP growth, which includes inflation, is the benchmark used to estimate tax collections in the upcoming budget to be presented on Feb. 1. It is estimated to be around 15.4% for the current financial year....

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Hemant Soren urged to provide eggs in midday meals five days a week -Achintya Ganguly

-The Telegraph According to national family health survey, 67.5 per cent of children in state below the age of 5 years are anaemic while 39.4 per cent are underweight Ranchi: About 200 concerned citizens wrote an open letter to Jharkhand chief minister Hemant Soren on Saturday, urging him to provide eggs in midday meals for schoolchildren five days a week. “We are dismayed to note that the Jharkhand government’s long-standing promise to include...

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How India’s rulers have dashed the hopes of its younger citizens -Santosh Mehrotra

-Scroll.in Increasing unemployment is a major cause for concern. Politicians constantly talk about India being a young country, since two-thirds of the population is under 35 years of age and half of it below 26. Some economists consider this an automatic boon for the economy, since there is a limitless number of workers who could contribute to India’s productive capacity. Finance and investment giant Morgan Stanley, in a report released in November, identified...

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Manual scavenging killed 19 people in Mumbai in five years, BMC records zero deaths - Aarefa Johari

- Scroll.in India prohibited manual scavenging in 1993. But it took another 20 years to expand its legal definition to include the manual cleaning of drains, sewers and septic tanks. Mumbai, with the richest municipal corporation in India, was among the worst offenders when it came to the implementation of the 2013 law. Records maintained by the Safai Karamchari Andolan, a national organisation working for the rights of sanitation workers, show 19...

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Quality fear in rules for foreign varsities -Basant Kumar Mohanty

-The Telegraph Some educationists feel that the proposed regulations might turn higher education into a purely commercial venture New Delhi: Foreign universities ranked globally among the top 500 or other foreign higher education institutions considered “reputed” can set up campus in India and decide their fees, according to the University Grants Commission’s draft rules that also appear to suggest these institutions can repatriate their profits. Some educationists fear that the proposed regulations, uploaded...

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