-Hindustan Times While a final conclusion on employment growth should wait for 2017-18 NSSO data, rosy estimates based on selective assumptions do not inspire much confidence . New Delhi: In a study prepared as a background report for the Prime Minister’s Economic Advisory Council, economists Surjit Bhalla and Tirthatanmoy Das have claimed that the Indian economy created around 12.8 million jobs (by principal status) in 2017. The authors also claim that net...

  Although containing fake notes in circulation was one of the objectives behind demonetisation when it was undertaken in 2016, recent data from the Reserve Bank of India (RBI) reveals that fake counterparts of some denominations grew during 2017-18 vis-à-vis the previous year. The recently released Annual Report for 2017-18 of the RBI shows that the total number of pieces of counterfeit notes of Rs. 2000/- denomination, which was detected in the...

-The Indian Express This data was revealed during inter-ministerial consultations for issuing an ordinance to overturn the circular and the court order that treats departments/ subjects as a unit for implementing reservation, instead of taking the university/ college as a whole. New Delhi: OF THE 700-odd vacancies for teaching posts generated across several universities since the University Grants Commission’s (UGC) March 2018 circular on a new formula for reservation, only 2.5 per...

-Firstpost.com India's two Northeastern states, Assam and Arunachal Pradesh, have been put on a flood high alert after upper riparian state China alerted India on Thursday about the rising water levels in Tsangpo river. Tsangpo, which enters India through Arunachal Pradesh is known as the Siang river in the state. Further downstream, Siang river joins Lohit and Dibang rivers to form the Brahmaputra in Assam. Thus, a spate in the Chinese river...

-Livemint.com The present government has incentivized employers to comply with the EPF law by making their contribution for three years to expand formal sector employment Surjit Bhalla and Tirtha Das’ (B-D, hereafter) background paper, titled All You Wanted To Know About Jobs In India, But Were Afraid To Ask, is now available on the Prime Minister’s Economic Advisory Council (PMEAC) website (goo.gl/Y5CLtF)—a welcome initiative. It claims: “While there are no official employment...