-NDTV.com Wholesale price-based inflation rose to a record 15.88 per cent in May, it highest under the current series launched in 2012, government data showed. Wholesale price-based inflation (WPI) rose to a record 15.88 per cent in May from a year ago, its highest in the current series launched a decade ago, government data showed on Tuesday. That suggest despite a softer reading in May's retail price pressures data on Monday, it would...
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Binary equation -Renu Kohli
-The Telegraph Can stability be achieved by sacrificing growth? Has the macroeconomic configuration turned binary? With inflation occupying centre stage, the choice seems fast splitting between stability and growth. Can the former be secured without compromising the latter? That’s the worry with policies swinging to address price, exchange rate and external stability. This is not to say that growth has receded to secondary position. But as interest rates harden and fiscal policy...
More »PM Narendra Modi directs recruitment of 10 lakh people on mission mode in 1.5 years
-PTI/ The Telegraph The government's decision comes amid the opposition's frequent criticism of it on the issue of unemployment New Delhi: Prime Minister Narendra Modi has asked various government departments and ministries to undertake the recruitment of 10 lakh people on a "mission mode" in the next year and a half, his office said on Tuesday. The direction from Modi came following a review of the status of human resources in all government...
More »Telangana: Jowar farmers in Adilabad demand govt procurement -Anjana Meenakshi
-Siasat.com Despite petitions being submitted to officials including the Adilabad district collector as well as select MLAs, there has been no concrete response from the government. Hyderabad: Jowar farmers of Adilabad district in Telangana on Monday blocked main roads to protest against the state government’s refusal to procure jowar (sorghum). The Jowar farmers in the district have time and again claimed that the Telangana government over the last four years has been unwilling...
More »Fact check: Adityanath’s claim about Uttar Pradesh’s unemployment rate doesn’t add up -Factchecker team
-Scroll.in The state’s unemployment rate never touched double digits in 2017, and instead of a drop, data shows there has been a 29% rise during his tenure. Uttar Pradesh Chief Minister Adityanath, in a speech addressing the UP Investors Summit in Lucknow on June 3, claimed that since the Bharatiya Janata Party government came into power in the state in 2017, the unemployment rate had fallen from 18% to 2.9%. He attributed the...
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