-The Telegraph New Delhi: The big red blotch on the Narendra Modi government's report card after three years in power is its dismal performance in job creation - and there are no indications that things will improve in the near future. Cold statistics from the government's labour bureau show that job growth plummeted in key sectors to its lowest levels in eight years in calendar years 2015 and 2016 at 1.55 lakh...
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United Nations Lowers India's GDP Outlook For 2017
-PTI India is projected to achieve a 7.3 per cent growth in 2017, down from the 7.7 per cent predicted in January United Nations: The United Nations has revised downward India's economic growth forecast for 2017 but predicted an increased 7.9 per cent GDP growth next year as it cautioned that stressed balance sheets in the banking sectors will prevent strong investment rebound in the near term. The UN World Economic Situation...
More »Cong smells farm tax
-The Telegraph New Delhi: The Congress today alleged that the Narendra Modi government was testing the waters on bringing agricultural income within the tax ambit and declared its intention to build a movement of farmers if the idea was implemented. "This government is harassing industrialists, traders, students, political rivals... only one section of the society was left, that is farmers," Congress leader Ghulam Nabi Azad said. "The statements coming from important people in...
More »Bezwada Wilson, national president of the Safai Karmachari Andolan, interviewed by Akshay Deshmane (Frontline.in)
-Frontline.in Magsaysay Award winning activist and national president of the Safai Karmachari Andolan Bezwada Wilson is a co-petitioner with Major General (Retd) S.G. Vombatkere in a Supreme Court case relating to the Aadhaar project. He raises an important concern about the impact of Aadhaar on people born into oppressed castes, particularly safai karmacharis, or manual scavengers. Excerpts from an interview he gave Frontline: * What is your opinion on Aadhaar? There is no...
More »Does the Banking System Really Want to Help Farmers? -Devinder Sharma
-TheWire.in The Corporate Sector is responsible for 70% of the country’s NPAs, but their loans are being waived off while waiving farming loans is still being frowned upon. The Gujarat government gave a loan of Rs 456.79 crore to the Tatas to set up the Nano plant at Sanand, near Ahmedabad. The Gujarat government has acknowledged that the massive loan was given at an interest of 0.1%, to be paid back in...
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