-Livemint.com Both fertilizer and agrochemical companies are highly dependent on imports for raw materials. With rupee depreciation exacerbating the rise in prices of raw materials, the profitability of the companies is expected to take a hit this year The forecast of a record foodgrain production in the ongoing kharif season has brought no cheer to agricultural inputs stocks. Shares of Rallis India Ltd lost 3% last week. Dhanuka Agritech Ltd slumped 12%....
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The Bitter Plight of Bengal's Tea Garden Workers -Tanmoy Bhaduri
-TheWire.in Tea plantations are touted as the country's second largest employer, but as many of them shut down, workers are being cheated by agents who exploit and traffick them. The once-thriving tea gardens in the fertile Dooars region of West Bengal have now fallen on hard times. The tea industry is touted as the country’s second largest employer, but also an industry that undermines labour rights and deprives workers and their...
More »Govt keeps job data close to its chest -Basant Kumar Mohanty
-The Telegraph Two reports, published every 3 months of the Quarterly Employment Survey, not released by the Narendra Modi govt New Delhi: Quarterly employment data considered reliable by even critics of the Narendra Modi government have not been released for this year so far, prompting concern the survey may be discontinued to hide potential warts that hold considerable significance in an election year. Two reports of the Quarterly Employment Survey (QES) are due...
More »Being highly educated doesn't guarantee you jobs in India anymore -Priyamvada Grover
-ThePrint.in Study by Azim Premji University finds that graduates currently make up over one-third of India’s unemployed population. New Delhi: Graduates and postgraduates are the least likely to find jobs in the country as compared to those without any degrees, according to a study released by the Azim Premji University’s Centre for Sustainable Employment. The study, which states that unemployment among young and highly educated Indians is the highest in 20 years, has...
More »RBI data on Public Sector Banks: In four years, banks' write-off over seven times recovery -Anil Sasi
-The Indian Express Even as the government has been trying to shore up PSB books through equity capital infusion and other measures, stressed assets have registered a steady rise since 2011. New Delhi: Between April 2014 and April 2018, the country’s 21 State-owned banks ended up writing off Rs 3,16,500 crore of loans even as they recovered Rs 44,900 crore written off on a cumulative basis — or less than one-seventh the...
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