-Hindustan Times Under the Haryana State Employment of Local Candidates Act, 2021 , every employer is required to employ 75% “local candidates” for posts where the gross monthly salary is not more than ₹50,000 Haryana government’s new law to reserve 75% of PRIvate sector jobs in the state, till a certain salary slab, only for local candidates, has triggered a controversy. The decision fulfils a key election promise of the ruling coalition,...
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Health first, fiscal prudence later -Abhishek Jain and Karthik Ganesan
-The Hindu The government can balance LPG subsidies and ensure clean fuel consumption in poorer households Subsidised LPG PRIces have increased by a massive 50% in this financial year alone, consistently capturing headlines. What would be the impact of this in sustaining the gains of the government’s flagship scheme, the Pradhan Mantri Ujjwala Yojana (PMUY)? Since 2016, PMUY has provided LPG connections to 8 million poor households to reduce women’s drudgery and indoor...
More »China gives green light for first downstream dams on Brahmaputra -Ananth Krishnan
-The Hindu Nod in new five-year-plan for hydroprojects near border with India A draft of China’s new Five-Year Plan (2021-2025), which is set to be formally approved on March 11, has given the green light for the first dams to be built on the lower reaches of Yarlung Zangbo river, as the Brahmaputra is known in Tibet, before it flows into India. The draft outline of the new Five-Year Plan (FYP) for 2025...
More »The return of puzzling numbers for India’s GDP growth -Pranjul Bhandari
-Livemint.com The Centre’s plan to pay off food subsidy arrears is likely to distort our GDP readings for multiple years A puzzle of sorts has arisen—again—in India’s official gross domestic product (GDP) estimates. They don’t meet the smell test. Back in 2015, the Central Statistics Office’s practice of using ‘single deflation’ instead of ‘double deflation’ during a period of falling commodity PRIces had distorted growth PRInts, as per our analysis. This time, too,...
More »CAGed? Top audit body's reports on Centre's money management down by 75 percent
-The New Indian Express The total number of CAG reports relating to central government ministries and departments came down from 55 in 2015 to just 14 in 2020, a fall of nearly 75%. NEW DELHI: The number of reports brought out by the country’s top audit body, the Comptroller and Auditor General of India, has come down sharply in the past five years, raising concerns that the government’s financial accountability is not...
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