Paytm's founder Vijay Shekhar Sharma was in the news recently for signing a deal to purchase a Rs. 82 crore worth property in Lutyens’ Delhi. He is credited with the growth of Paytm's mobile wallet services, which is currently being used by over 220 million users across the country. Although Paytm was launched in 2010, the popularity of its mobile wallet services and payment gateway among the ordinary citizens grew...
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Where are the jobs? -Himanshu
-Livemint.com The BJP government, which came to power on the promise of creating 20 million jobs per year, has not yet recognized the gravity of the situation The Central Statistical Office (CSO) has released the full-year growth estimates for 2016-17. These had been much awaited given the uncertainty over the impact of demonetization. These were on expected lines, with fourth quarter growth in gross value added (GVA) in 2016-17 declining to 5.6%...
More »Nothing to cheer about in Indian job market
-GoIMonitor.com Unemployment, irregular jobs and low salaries continue to hurt India while it continues to embrace labour reforms PRIME MINISTER Narendra Modi pitched for greater use of technology through an unusual equation ‘IT+IT= IT’ which had Internet in splits and Twitterartis trending #pinksliprevolution to underscore the impending layoffs in India’s famed IT sector. But the country’s unemployment saga lies far beyond the glass towers and high figure pay cheques. Around 77 per...
More »A new economics for a better world -Simon Sweeney
-The Hindu Business line It must focus on human security and societal development rather than feed the avarice of a golden ghetto minority The discipline of economics has long been obsessed with gross domestic product as the base measure of development. Contemporary economic globalisation and its dominant neoliberal ideology see other considerations as not worth more than a passing glance. Neoliberalism, which used to be referred to as the Washington Consensus, was promoted by...
More »Sponsors banned: Docs asked to raise funds for conferences -Durgesh Nandan Jha & Rema Nagarajan
-The Times of India NEW DELHI: The Indian Medical Association (IMA) has asked its state and local units to raise funds from member doctors to organise conferences and functions instead of seeking sponsorship. According to IMA office-bearers, the decision was taken at a meeting on Wednesday in view of allegations about pharmaceutical companies and the device industry shaping the content and style of medical conferences. "If doctors want to meet at a...
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