-TheWire.in New Delhi: The pace of job creation in the organised sector fell sharply during April-June 2017 to a three-quarter low due to significant job losses in manufacturing, latest official estimates show. The number of new jobs created declined by around 65% to 64,000 in April-June 2017 from 185,000 in January-March 2017, according to the Labour Bureau’s quarterly report on employment. Job creation during April-June was even lower than the 77,000 reported...
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National meet on doubling farmers' income opens on Monday
-The Hindu Business Line New Delhi: The government, which has very little to show so far as achievement on its ambitious plan of doubling farmers’ income by 2022, is organising a two-day brainstorming meet of various stake-holders, including farmers and farmer bodies. The national conference, scheduled from Monday, would be attended by Prime Minister Narendra Modi, apart from his cabinet colleagues and top government officials. According to SK Pattanayak, Union Agriculture Secretary, the...
More »RBI's NPA bitter pill comes with some side effects -Richa Mishra & KR Srivats
-The Hindu Business Line Bankers call for a coordinated approach to deal with the stressed loans issue New Delhi: The RBI’s revised framework for stressed loans may prove to be disastrous and seems ill timed for an economy that is just recovering from twin policy blows of demonetisation and GST implementation. Though there are long-term benefits of administering such a bitter pill, the short-term risks are significant, say bankers. “This (revised NPA framework) is...
More »Water harvest: Punjab's experiment with DBT for power to the farm sector could pay off for groundwater in the state
-The Financial Express The scheme, part-funded by the World Bank, aims at pushing recharge of groundwater sources and efficient use at the local level. Rapidly-depleting groundwater in nearly a third of the blocks that were assessed in a study by the Central Ground Water Board (CWGB) has caused, The Times of India reports, the Centre to put the Rs 6,000-crore Atal Bhujal Yojana on fast-track. The scheme, part-funded by the World Bank,...
More »'You Value a Rape at Rs 6500? Are You Doing Charity?': SC Asks Madhya Pradesh
-PTI The apex court said it was shocking that Madhya Pradesh, which was among the states which had received maximum funds from the Centre under the Nirbhaya fund scheme, was disbursing Rs 6,000-6,500 to each rape victim. New Delhi: Is rape worth Rs 6,500? That's how a shocked Supreme Court on Thursday asked the Madhya Pradesh government while questioning the state whether it was doing a "charity" by giving this meagre...
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