-The Times of India BENGALURU: Among other things that emerged in the aftermath of the massive Punjab National Bank (PNB) scam is the active role of employees of the Public Sector Banks (PSBs) in multiple frauds over the years. TOI has accessed Reserve Bank of India data that reveals the number of cases involving staff across various states and the amount of loss reported. Overall, data from April 2013 to June 2016...
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Sharp increase in unemployment rate -Mahesh Vyas
-CMIE.com/ Business Standard The unemployment rate reached a 71-week high in the week ended February 25. It is possible that February 2018 will end with the highest unemployment rate in the last 15 or 16 months. The unemployment rate has been rising steadily since July 2017. During last July, the unemployment rate had reached its lowest level of 3.4 per cent. The unemployment rate had been falling steeply and almost steadily since...
More »Data shows corporates are consistently favoured over rural India -Jitendra
-Down to Earth Corporate India gets indirect subsidy equivalent to 60 per cent of government expenditure on rural areas A recent analysis has revealed a shocking injustice being done consistently to rural India by the government with corporates getting subsidies at its expense. The Inclusive Media for Change, a New Delhi-based non-profit has analysed the last seven Union Budgets. It has found that indirect subsidy, termed as “tax expenditure” that was given...
More »After a brief decline, India's misery index spikes again in 2017 -Pramit Bhattacharya
-Livemint.com Unless economic misery is alleviated soon, the Narendra Modi-led BJP may have to face angry voters in 2019 general elections New Delhi: A year back, there seemed to be no stopping Narendra Modi. After a landslide victory in the Uttar Pradesh elections, the Modi-led Bharatiya Janata Party (BJP) seemed to have acquired an aura of invincibility. But that aura has diminished somewhat over the past few months as anti-incumbency has grown....
More »MP Agriculture Sector Growth Slips by 1.61%, Says MP Economic Survey -Vivek Trivedi
-News18.com Surprisingly, production of meat which stood at 59 lakh metric tonnes in 2015-16 surged to 79 metric tonnes in 2016-17. The production of eggs too went up in the financial year 2016-17. Bhopal: Madhya Pradesh government might be listing agriculture among its topmost priories but the growth rate in farm sector has gone down by 1.61% for the financial year 2017-18, according to the Madhya Pradesh Economic Survey report which was...
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