-Newsclick.in Punjab is industrialised and its agriculture is mechanised. The state is in the grip of a downturn which has hurt the migrant poor most. The Union Budget is the talk of the town, but the economic downturn is not. The prevailing economic situation has hurt all sectors of the business and Economy. One symptom of the downturn is that unemployment has broken a 45-year record. Even if these facts are known,...
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Finance Ministry secretly corrects 14 data discrepancies in Budget 2020 after India Today seeks answers -Mukesh Rawat
-IndiaToday.in IndiaToday.in's analysis found that Union Budget 2020 had at least 14 data discrepancies regarding allocations for the Department of Health and Family Welfare. When we sought a clarification, the Finance Ministry secretly corrected them without replying to our mail. * There were 14 data discrepancies in Expenditure Budget for Dept of Health & Family Welfare * These were between the PDF and Excel files uploaded by Finance Ministry on budget's official website *...
More »Fashioning the framework of a New India -Indira Hirway
-The Hindu A major solution to the present economic crisis is to go in for inclusive growth; it also means shared prosperity The Indian Economy is going through a severe crisis: a slowdown as well as a structural crisis. In the words of the former Chief Economic Adviser, Arvind Subramanian, it is headed towards the ICU. Almost all sectors of the Economy are in decline: the rate of growth of the national...
More »With savings rate falling, phasing out exemptions may hit it harder -Udit Misra
-The Indian Express The savings rate, expressed as a percentage of the gross domestic product, reflects the pool of investible funds within the country that are available for the government and private businesses to use for investment purposes. The government’s plan to gradually get rid of all exemptions and deductions under the personal income tax regime — in a bid to provide lower taxes and a simplified tax architecture as well as...
More »Newly launched India Data Portal could be a credible resource for journalists
-Newslaundry.com It’s a repository of public datasets on Indian agriculture and socioeconomic indicators and, going forward, on financial inclusion and rural development. Data, they say, is the new oil. It undergirds much of the modern Economy and, increasingly, the polity. There’s hardly a socioeconomic sector that big data doesn’t drive today, from the cutting edge of scientific research and technology to the mundane chore of buying groceries. The sheer volume of...
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