-Livemint.com * Leaked official data shows poverty is rising, but we won’t get a confirmation till at least 2023. That’s unfortunate * Neither has the government released the report of an expert panel, nor provided any evidence about the nature and extent of divergence with other administrative data On Friday, the ministry of statistics and programme implementation (Mospi) announced that the data and reports of the 75th round of the National Statistical Office...
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Skills study: Over next 5 years, just 1 in 5 entrants to labour force a woman -Aanchal Magazine
-The Indian Express While the NSO’s Periodic Labour Force Survey (PLFS) 2017-18 had estimated female labour force participation rate for 15 years and above at 23.3 per cent, the comparative numbers of other countries highlight the labour market’s gender skew. Just one out of five persons — in the 15-30 years age bracket — entering the labour force is expected to be a female in the five years ending 2023, when...
More »Explained: How the latest corporate tax rate cut impacts the economy -Udit Misra
-The Indian Express A cut in personal income tax or GST slabs would have spurred the economy more in the short term but the corporate tax cut is beneficial for the economy in the long term. Finance Minister Nirmala Sitharaman’s announcement to cut corporate tax rates on Friday morning was a welcome surprise for the Indian economy that has been struggling with growth deceleration. According to reports, the government has cut the...
More »All the major announcements made by Nirmala Sitharaman to boost economic growth
-The Hindu Nirmala Sitharaman said that India’s GDP continues to grow at a faster pace than the global economy and any other major economy. Union Finance Minister Nirmala Sitharaman announced a slew of measures on August 23 to prop up the slowing economy. Addressing a press conference, Ms. Sitharaman sought to dispel doubts over the economy and the government’s growth agenda. Announcing that the global GDP growth may be revised downwards from the...
More »Centre asks NDDB to estimate India's milk demand -Jitendra
-Down to Earth The country does not know how much milk is needed despite its growth having exceeded targets The Union government has asked the National Dairy Development Board (NDDB) to conduct a study to assess the true scale of demand for milk in India. “We have asked NDDB to estimate the present demand for milk and milk products and its forecast in India, as per the National Dairy Plan Phase I,” Union...
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