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A job crisis, in figures -Radhicka Kapoor

-The Indian Express Multiple data sets confirm sluggish pace of employment creation. Paucity of data can no longer be an excuse for the lack of debate. Jobs are an integral part of India’s political narrative today. This is unsurprising because the NDA came to power on the promise of creating a large number of jobs for India’s rapidly rising work force. However, much of the debate on employment performance over the last...

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Turning the corner -Ajit Ranade

-The Hindu The next few quarters call for focus on consumption, private investment, agriculture and exports There was a collective sigh of relief when the second quarter GDP data were released officially by the Central Statistics Office (CSO). The government folks were relieved that a declining trend of four consecutive quarters of growth had finally been reversed. The forecasters and economists were relieved that the announced data had mostly conformed to their expectations....

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Madhya Pradesh's new scheme to protect farmers against fall of crop prices stumbles at the start -Mridula Chari

-Scroll.in Halfway through the ambitious Bhavantar Bhugtan Yojana, farmers are protesting and accusing traders of suppressing prices. When the Madhya Pradesh government introduced the Bhuvantar Bhugtan Yojana in August it hoped the new scheme would assuage angry farmers and provide them a cushion against a possible price crash of farm produce. But in the first harvest season after the scheme was introduced farmers continue to get prices below their expectations. Many farmers...

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Cash still king as digital payments inch up slowly -Rachel Chitra

-The Times of India CHENNAI: If demonetisation was a push for a cashless economy, it has been working very slowly. Reserve Bank of India data shows the usage of wallets, non-UPI banking apps and Aadhaar-enabled payments has been slow to catch on, while that of debit cards has fallen. The UPI payments have been growing, and a significant chunk of them are mobile-based. Overall, electronic payments stood at Rs 200 trillion in...

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'Workers get more pay, fewer days off in Delhi than Mumbai' -Sidhartha

-The Times of India Working in Delhi is more remunerative than Mumbai but you may have to do with fewer days off than in the country's financial capital. But if you are an employer, you may prefer to be in Mumbai, not because of lower wages, but due to value added by workers being higher than the wage. The World Bank's Ease of Doing Business report released on Tuesday shows that a...

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