-The Indian Express The emerging consensus within India Inc. on the need for a government-led stimulus notwithstanding, the Centre has limited fiscal space given the lower tax collections. The Budget was a missed opportunity in terms of signalling reforms New Delhi: India Inc’s clamour for a stimulus to restart the investment cycle points to a near unanimous view within the industry — that government has to do the heavy lifting FIRst...
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Linking Aadhaar to social media: SC to hear Facebook plea
-The Indian Express The question is if linking social media to Aadhaar is breach of privacy. Upholding Aadhaar earlier, the SC had disallowed its use by private FIRms, stating it was contrary to right to privacy New Delhi: Underscoring the need to strike a balance between privacy and security, the Supreme Court Tuesday agreed to hear a plea by Facebook to transfer to the apex court four petitions filed in the...
More »Is India headed for its worst growth recession in a decade? -Niranjan Rajadhyaksha
-Livemint.com It is risky at this juncture to bet merely on a natural recovery. Even so, using monetary policy is the best option right now Much of the debate in recent months has been focused on the sharp loss of economic momentum in India. The big question is whether the ongoing slowdown is structural or cyclical. The usual thumb rule is that the policy response to a structural slowdown is through economic reforms...
More »Amartya Sen slams Modi govt over abrogation of Article 370, says I am not proud as an Indian
-National Herald ‘Classic colonial excuse’, said Amartya Sen about the govt explanation of its decision of security clampdown in Jammu and Kashmir as preventive measures to prevent backlash that might cost lives Slamming the Narendra Modi government over scrapping of Article 370 from Jammu and Kashmir, Nobel laureate Dr Amartya Sen said that it only emphasised majoritarian rule "as opposed to sustaining the rights of all human beings. I don't think ultimately...
More »Private sector salaries logged slowest growth in a decade -Vineet Sachdev
-Hindustan Times It is also the FIRst time in seven years that the share of salaries in sales revenue has come down. Hit by decelerating sales growth, Indian companies are tightening spending on their wage bills. Private sector salaries recorded their worst growth in 10 years in fiscal year 2018-19. It was also the FIRst time in seven years that the share of salaries in sales revenue came down. These results are...
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