-The Telegraph New Delhi: The big red blotch on the Narendra Modi government's report card after three years in power is its dismal performance in job creation - and there are no indications that things will improve in the near future. Cold statistics from the government's labour bureau show that job growth plummeted in key sectors to its lowest levels in eight years in calendar years 2015 and 2016 at 1.55 lakh...
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SC directs CAG to find how Rs 20,000 cr meant for workers' welfare has been spent
-PTI The court was hearing a PIL alleging that the statutory cess levied from real estate firms for the welfare of construction workers was not being utilised properly. Where has a WHOpping amount of Rs 20,000 crore, meant for workers’ welfare, gone? Spent on tea parties or vacation of officials? Even the Comptroller and Auditor General doesn’t know, wondered the Supreme Court. These posers were put to the Comptroller and Auditor General (CAG)...
More »Women need respect and rights, not just protection -Mrinal Pande
-Hindustan Times In a semi feudal and genderised society like ours, sexuality remains central everywhere; and rape looks like an indigenous, not an exceptional phenomena. Just days after Jyoti Singh’s killers were sentenced to death by the Supreme Court, on May 11, a similar case of gang rape and murder was reported from Rohtak in Haryana. Within the same week, another 10-year-old from the same area was found repeatedly raped by her stepfather...
More »Cash is back as digital payments dip on cost -TCA Sharad Raghavan
-The Hindu PoS devices’ demand falls on remonetisation, user charges Cash transactions are beginning to trump almost every form of digital payment alternative with April clocking a decline in volumes as well as value of transactions conducted through cards, mobile banking and the Unified Payment Interface (UPI). The trend assumes significance six months after the Centre announced demonetisation of ?500 and ?1,000 notes on November 8. The near-completion of the remonetisation process and merchants...
More »New IIP series shows severe impact of demonetisation on manufacturing sector -Manas Chakravarty
-Livemint.com In the December-March of 2016-17 period, manufacturing growth was the lowest compared with the same period in the past five years, shows new IIP series The new Index of Industrial Production (IIP) series, with the base revised to 2011-12, tells us that, in the period December-March of 2016-17, manufacturing growth was the lowest compared with the same period in the past five years. This is very likely a result of the...
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