-The Hindu Business Line BIES for Sept 2018 points at more proportion of companies facing ‘much less than normal profits’ Ahmedabad: The manufacturing sector seems to be going through a troubled time as more companies have indicated a ‘much less than normal’ profit margin, according to a survey by the Indian Institute of Management, Ahmedabad (IIM-A). The latest Business Inflation Expectations survey (BIES) for the month of September 2018, revealed that 45 per...
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Soaring Joblessness Among Youth May Sink BJP in Polls - Subodh Varma
-Newsclick.in Unemployment among youth is raging at a staggering 26 per cent to 55 per cent in the three BJP ruled states going to polls in the coming weeks. High and pervasive joblessness among youth of age group 20-29 years is severely denting the re-election prospects of BJP in Chhattisgarh, Madhya Pradesh and Rajasthan. According to data from CMIE’s Statistical Profile for May-August 2018, unemployment rate was 26 per cent in...
More »2 years of demonetisation: Whopping 60% Indians say black money is back to full scale -Pragya Srivastava
-The Financial Express A whopping 60% Indians said that black money in the country has not died; in fact, its circulation is going to only increase before the 2019 General Elections, a survey by LocalCircles showed. Two years of demonetisation: Two years ago, when 125 crore Indians glued to their television screens desperately awaiting a surprise address by the Prime Minister of India, little did they know that he was going to...
More »No respite from poverty for Muslims -Irfan Ahmad & Santosh Mehrotra
-The Hindu Government intervention is required to improve educational and economic indicators The National Sample survey Office (NSSO) labour force survey reports that the economic condition of Muslims does not show any signs of improvement despite India being the fastest-growing large economy. An analysis of the data on economic and educational indicators for various religious groups reveals that Muslims are facing a vicious circle of poverty. Lowest education levels The NSSO’s 68th round (2011-12)...
More »India's wealthy barely pay taxes -CP Chandrasekhar and Jayati Ghosh
-NetworkIdeas.org India is often mistakenly seen as a country with relatively low economic inequality. In fact, there were always very significant economic inequalities in India, which intersected with social and locational inequalities in complex ways. More significantly, the country’s inequalities widened after the internal and external economic liberalization measures from the early 1990s, which attracted global financial investors and boosted economic growth considerably. The estimates of low inequality are usually based on...
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