-Livemint.com MGNREGS could alleviate rural distress but, in its current form, its overall impact on the rural economy is limited in scope With rural distress deepening across India and private consumption growing anaemically, calls for ramping up the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), are growing louder ahead of the upcoming budget. Proponents of MGNREGS believe that it may be the only ammunition in the government’s arsenal to fight rural...
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867,964 people joined formal workforce in November, shows payroll data -Prashant K Nanda
-Livemint.com * The number was better than October when 686,158 people joined the formal work but less than any other months in the current financial year * In July it was 1.2 million, and in June it was 1.18 million, in May it was 1.01 million and in April it stood at 1.06 million NEW DELHI: At least 867,964 new people joined the formal workforce in November 2019, an improvement from the month...
More »India may miss tax collection target for 2019-20 by nearly Rs. 2.5 lakh cr: Garg
-PTI * Subhash Chandra Garg from the tax revenues perspective, 2019-20 is proving to be a dysfunctional year * Former finance secretary says corporate tax, excise duties and customs are likely to see negative growth in collections in 2019-20 NEW DELHI: The government's tax collection is likely to fall short of its estimate by Rs2.5 lakh crore or 1.2% of GDP in 2019-20, former finance secretary Subhash Chandra Garg said on Sunday while...
More »Budget 2020 | Economic revival has agriculture as a good starting point -Siraj Hussain
-Moneycontrol.com Since the general elections, the agriculture sector has taken a back seat as the economy has itself touched new lows Since public memory is short, there is every likelihood that food inflation of 14.12 per cent in December 2019 will obfuscate the last four year’s history of low prices of food items. Vocal sections of urban India would do well to remember that in January 2017, May to August 2017 and...
More »Punjab on alert as marauding locust army ravages wheat crop in Rajasthan
-The New Indian Express Locusts also known as 'tiddi dal' is a group of short-horned grasshoppers which multiplies during migration from long distances in destructive swarms and devours the vegetation wherever it settles. CHANDIGARH: The Punjab Government has issued an alert of a locust attack in all the districts bordering Rajasthan. As it is apprehended that the swarm of locust may come towards the state after they have devoured wheat crop over...
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