-The Indian Express To understand what is at stake in the NPA story, one needs FIRst to understand why the public sector banks lent so much money to companies which are today unable to pay it back. India’s economic crisis that is finding expression in low-growth rates and high unemployment rates is partly due to the decline of investments, which is partly due to the fact that companies cannot get access...
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Give us your SC/ ST numbers: Govt to FIRms under EPFO -Aanchal Magazine & Sunny Verma
-The Indian Express Through this month, regional provident fund offices have been sending out queries in a specified format to companies seeking “employment data of the proportion of SC & ST employees in total employment”. THE MINISTRY of Labour and Employment has kicked off a survey that requires establishments contributing to the Employees’ Provident Fund Organisation (EPFO), including from the private sector, to furnish information on the number of SC and...
More »What is behind sky-high onion prices? -Subodh Varma
-Newsclick.in More than ‘short supply’, profiteering by traders is behind the ongoing high prices. But why is the government beating around the bush instead of acting fast? Within weeks – in fact days – onion prices have gone through the roof across the country, reminding everybody of the periodic spikes in the past that caused governments to fall. In Delhi, for instance, the price of onions at the local sabziwala is ranging...
More »The corporate tax cut could undermine the promise to cap the fiscal deficit
-The Telegraph A low tax regime is not enough; investors need to see demonstrable action to ease the pangs of doing business in India A wave of euphoria has swept through industry and stock markets since the finance minister, Nirmala Sitharaman, announced a sharp cut in corporate tax to an effective rate of 25.17 per cent. The effective tax rate will now go down sharply from a high of 34.94 per cent,...
More »Stubble burning can be controlled if farmers are compensated: Punjab -Shivam Patel
-The Indian Express Around October every year, farmers in Punjab, Haryana and other North West Indian states set FIRe to paddy residue in order to clear their fields to sow fresh wheat crops. New Delhi: Stubble burning in Punjab can be controlled completely if farmers are compensated for management of paddy straws, the state’s agriculture secretary K S Pannu told The Indian Express Monday. Punjab Chief Minister Captain Amarinder Singh would...
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