-PTI The Survey is also marked by quotes from Shrimad Bhagavad Gita, Rig Veda, Adam Smith's 'An Inquiry into the Nature and Causes of the Wealth of Nations', Kautilya's Arthashastra, and Tamil saint and philosopher Thiruvalluvar's treatise The Thirukural. New Delhi: The Economic Survey 2019-20 has sourced certain data from Wikipedia, which is not considered as reliable source of information. Besides Wikipedia, the Survey has also relied on data from other private...
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Modi govt's disinvestment targets make LIC's health, Wealth deteriorate -Prudhviraj Rupawat
-Newsclick.in LIC’s bad loans bulged by 145% in the last five years to Rs 30,000 crore in September 2019. Life Insurance Corporation of India (LIC) has been struggling with rising non-performing assets (NPAs) and downgraded investment portfolio of Rs 67,387 crore, reveals the insurer’s latest public disclosure figures. The biggest public insurer has been witnessing a deteriorating health since 2014, significantly due to massive investments in cash-strapped public and private entities pushed...
More »From Jan Breman, a Treasure Trove of Essential Analysis on Labour, Bondage and Capitalism -Jayati Ghosh
-TheWire.in Breman's central finding about the close coexistence of capitalism and labour bondage contains remarkable nuggets of hope for transcendence. For more than half a century, Jan Breman has diligently, insightfully and creatively studied the life of labour in India, and specifically in Gujarat. His searing descriptions and acute analyses based on painstaking fieldwork and a broad but clear theoretical framework have informed our understanding of the conditions of rural – and urban...
More »PAN won't become inoperative if not linked to Aadhaar till SC judgement: Gujarat High court -Preeti Motiani
-The Economic Times The deadline for linking of PAN and Aadhar had been extended several times and now the new deadline is March 31, 2020. So, if a person doesn’t link his PAN with Aadhar by the said date, his PAN shall be inoperative. As per Section 139AA of the Income Tax Act, every person who has been allotted PAN and who is eligible to obtain Aadhaar, shall intimate his Aadhaar...
More »63 Indian billionaires Wealth higher than the Union Budget for 2018-19: Oxfam
-PTI * Oxfam said the combined total Wealth of 63 Indian billionaires is higher than the total Union Budget of India for the fiscal year 2018-19 * The report flagged that global inequality is shockingly entrenched and vast and the number of billionaires has doubled in the last decade Davos: India's richest 1 per cent hold more than four-times the Wealth held by 953 million people who make up for the bottom 70...
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