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India's female employment set to rise but may not be transformational

-Moneycontrol.com India’s low level of female participation is due to two major structural factors: more young women staying in education and a historic failure to implement labour market reforms and develop a strong manufacturing base. India’s female employment is set to rise over the coming years but may not be transformational, Capital Economics said in a note, after Prime Minister Narendra Modi focussed on women’s power in his Independence Day address. “We agree...

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A 3-day dharna for the rights of the MGNREGA workers begins today at Delhi's Jantar Mantar

-Press release by NREGA Sangharsh Morcha dated August 2, 2022 During and after Covid, NREGA work has been the lifeline for more than 70 percent of the country’s population, when the cities sent back the migrants, it was NREGA that gave them the life of dignity in the rural areas. Many economists have also said that MGNREGA has continued to be the only lifeline for rural workers—one that provides work and...

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What is the financial position of the 5 states described as stressed by RBI? -Tina Edwin

-MoneyControl.com Bihar, Kerala, Punjab, Rajasthan and West Bengal could face a crisis if they fail to curb non-merit expenditure, the central bank has warned A study of fiscal parameters of states by the Reserve Bank of India (RBI) identified Bihar, Kerala, Punjab, Rajasthan and West Bengal as highly stressed due to their high debt levels, the quality of expenditure and the level of fiscal deficit. These states could face a crisis if...

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WPI inflation rises to 14.55% in March, completes one year in double-digit territory

-MoneyControl.com The rise in wholesale inflation in March to a four-month high comes after data released on April 12 showed the more closely-tracked headline retail inflation rate jumped to a 17-month high of 6.95 percent last month India's inflation based on the Wholesale Price Index (WPI) rose to a four-month high of 14.55 percent in March from 13.11 percent in February, according to data released by the commerce ministry on April 18. The...

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BSP is on the verge of extinction in Uttar Pradesh -Amitabh Tiwari

-Moneycontrol.com The BSP has recorded a humiliating performance in UP once considered its bastion. Unless Mayawati initiates immediate reforms, the party will fade into oblivion  The Bahujan Samaj Party (BSP) has received a drubbing in the Uttar Pradesh assembly elections. It has recorded its worst performance since inception, largely due to a bipolar contest which saw its non-core as well as some core voters shift to the Samajwadi Party (SP) and the...

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