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In charts: As MGNREGS funds fall short, unpaid wages are piling up -Nushaiba Iqbal

-Scroll.in/ IndiaSpend.com Across India, more than Rs 2,850 crore in wages are pending approval from the Centre for work done between April and September. India’s flagship Mahatma Gandhi National Rural Employment Guarantee Scheme provided more days of work in 2020-’21 than in any year since the programme began in 2008. But states are falling short of funds to pay workers. In three charts, we take a quick look at the current status of...

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Demonetisation one of independent India’s most devastating measure that left a permanent scar on the economy -Prabhat Patnaik

-National Herald The combination of ignorance, arrogance and the desire for “shock and awe” on the part of Modi government can be quite lethal, as the Indian people have learned to their great cost In the entire history of post-independence India, no single economic measure has been as devastating for the people and as utterly futile in achieving its stated objectives, as the demonetisation of currency notes of Rs 500 and Rs...

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Deep Rot Within Facebook/Meta: What can be Done? -Paranjoy Guha Thakurta

-Newsclick.in Can legal and regulatory action be taken against Facebook for actively abetting the spread of communal hatred? While a precedent exists in the US, carrying out the same in India will prove a challenge. So, what’s new about whistleblower Frances Haugen’s revelations about how the top brass of the now-renamed Facebook turned a blind eye to the proliferation of incendiary, hateful and false information on its social media platform, how the...

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India's retail inflation rate rises marginally to 4.48% in October

-MoneyControl.com The CPI-based inflation in September 2021 was at 4.35 percent and in October 2020 it was 7.61 percent. India’s retail inflation rate, which is measured by the Consumer Price Index (CPI), rose to 4.48 percent in the month of October 2021, data released by the Ministry of Statistics and Programme Implementation (MoSPI) revealed on November 12. There was a marginal increase in retail inflation in October due to an uptick in food...

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Pronab Sen, Programme Director for the IGC India Programme and first Chief Statistician of India, interviewed by Vikas Dhoot (The Hindu)

-The Hindu The ill-prepared move left India with all the damages and very few of the benefits On November 8, 2016, Prime Minister Narendra Modi announced that from midnight, ₹500 and ₹1,000 notes would no longer be considered legal tender in India. The government’s stated aim was to curb corruption and the pervasion of black money in the economy, as well as the proliferation of fake currency which was also being used...

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