-The Hindu Quarterly Employment Survey covered 10,593 firms across 9 sectors The All-India Quarterly Establishment-based Employment Survey, in a report released on Monday, said that the overall employment numbers had increased by 29% from the base year of 2013-14. However, in the first quarter of this fiscal (April-June 2021), 27% of the establishments surveyed reported pandemic-related retrenchment. The report, released by Labour and Employment Minister Bhupender Yadav, covered 10,593 firms that employed more than...
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SKM-called Bharat Bandh today to mark one year of 3 farm laws
-Hindustan Times In the states ruled by the BJP, elaborate security arrangements have been made to prevent farmer bodies and opposition parties to disrupt normal life. Additional security forces have been deployed in all districts in Madhya Pradesh, Uttar Pradesh, Haryana, Uttarakhand and Bihar. The 10-hour Bharat Bandh on Monday may disrupt road and rail traffic in states ruled by opposition parties as they are supporting the call for a general strike...
More »Modi’s net worth ₹3.07 crore, rises by ₹22 lakh, as per his latest declaration -Saubhadra Chatterji
-Hindustan Times PM Modi, like many ministers, doesn’t have any stock market exposure and his investments continue to be in the form of National Savings Certificate ( ₹8.9 lakh), life insurance policies ( ₹1.5 lakh) and L&T infrastructure bonds, which he bought in 2012 for ₹20,000 Prime Minister Narendra Modi’s net worth is ₹3.07 crore as per his latest declaration, a rise of ₹22 lakh from last year’s ₹2.85 crore, according to...
More »India's income divide narrows, wealth divide persists: Survey data -Ishaan Gera
-Business Standard The top 10 per cent among the country's households own more than 50 per cent of the assets. India’s top 10 per cent households three years ago held 55.67 per cent of the wealth in urban areas and 50.84 per cent of it in rural, shows data released by a state survey last week. Results from the National Sample Survey Organisation’s All India Debt and Investment Survey (AIDIS) for 2018-19 are...
More »A flawed calculation of inflation -Arun Kumar
-The Hindu The current official inflation rate does not correctly measure price rise Inflation for the last four months has been worryingly high — wholesale price index (WPI) has been above 10% and consumer price index (CPI) crossed the 6% mark in June, which was above the Reserve Bank of India (RBI)’s tolerance band. This is happening at a time when demand has been down, unemployment has been high, many have lost...
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