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India’s 20 Largest Profit Generators Are Earning 80% Of the Nation’s Profits - Nandita Rajhansa, Saurabh Mukherjea

A decade ago, this figure was around 40%. This is leading to an increasingly polarised stock market - Marcellus/The Wire The United Payments Interface and the digitisation of business activity in India are one of the several factors driving an exponential surge in the concentration of corporate profitability in India. Improvements in transport infrastructure (e.g., the highway network has doubled over the past decade), the introduction of GST (in 2017) and new...

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Quality fear in rules for foreign varsities -Basant Kumar Mohanty

-The Telegraph Some educationists feel that the proposed regulations might turn higher education into a purely commercial venture New Delhi: Foreign universities ranked globally among the top 500 or other foreign higher education institutions considered “reputed” can set up campus in India and decide their fees, according to the University Grants Commission’s draft rules that also appear to suggest these institutions can repatriate their profits. Some educationists fear that the proposed regulations, uploaded...

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Dr CP Rajendran, expert on seismo-tectonics, earthquakes and tsunami geology, interviewed by Rashme Sehgal (Newsclick.in)

-Newsclick.in Joshimath is a serious warning signal. Any realistic development strategy should balance infra development, acceptable levels of risk, and carrying capacity of the terrai, says the noted expert on earthquakes. Dr. CP Rajendran is among India’s foremost experts on seismo-tectonics, earthquakes and tsunami geology. He is also a strong critic of the development model being pursued in Uttarakhand, a hilly state where the intensity of large-scale infrastructure projects has been rising...

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Highest share of CSR funds went to education in 2016-21: Data -Saubhadra Chatterji

-Hindustan Times India Inc. has utilised the highest share of its mandated Corporate Social Responsibility (CSR) fund in the education sector, followed by health and rural development between FY16-17 and FY20-21, according to data available with the Union ministry of corporate affairs. During these five financial years, the education sector received ₹29,918 crore in CSR funds. The health sector received ₹2,0716 crore, and rural development and related schemes got ₹9,820 crore, the...

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MGNREGA workers in West Bengal have not received wages since December 26, 2021

-Press release by NREGA Sangharsh Morcha dated December 26, 2022 * Centre withheld over Rs. 7,500 cr funds, Rs. 2,744 cr due to NREGA workers * Centre hasn’t sanctioned labour budget for 2022-23 * Loss of around Rs. 3,891-Rs. 6,046 crores of NREGA wages this FY due to stoppage of work * Average days of work for the current year dropped to meagre 23 from 63.46 days (pre-covid) and 49.96 days (post-covid) Victimisation of workers: MGNREGA...

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