-Newsclick.in Women’s work participation has dramatically declined, unemployment is at an all-time high and they often get half the wage of what men get for same work, shows the latest labour force survey report. The recently released Periodic Labour Force Survey (PLFS) for 2017-18 reveals a striking decline in women’s participation in the workforce. Only about 22% of women of working age (defined as 15 years of age or more) were gainfully...
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Five policy reforms to jump-start growth -Niranjan Rajadhyaksha
-Livemint.com How India can put in place policy reforms to raise GDP growth without creating macroeconomic instability Mumbai: The second Narendra Modi government has begun its innings in the midst of a sharp economic slowdown. Economic expansion in the fourth quarter of the previous financial year was at the lowest level in five years—and 2.2 percentage points lower than growth in the first quarter of that year. The recent loss in economic...
More »Drought casts spell on Maharshtra economy, growth stagnant at 7.5% -Sandeep Ashar
-The Indian Express The one indicator that will worry the Devendra Fadnavis-led government the most as it spells out its final budget before the state polls on Tuesday is the negative growth in the crop sector. Mumbai: Suffering from a crippling drought and growing agrarian distress, Maharashtra’s economic growth remained stagnant at 7.5 per cent. According to the Economic Survey Report (ESR) 2018-19, which was presented to the state legislature on...
More »India's budget math faces a tough challenge now -Nikita Kwatra
-Livemint.com To keep up with the pressure of making headline fiscal deficit numbers look good, the government has increasingly resorted to off-budget financing for revenue as well as capital spending As with every other Union budget in the country, all eyes will focus on the fiscal deficit number that India’s new finance minister, Nirmala Sitharaman presents on 5 July in her maiden budget speech. But for many investors and analysts, how that...
More »The ugly face of Okhla gets a green lift, landfill to be eco park -Paras Singh
-The Times of India NEW DELHI: After years of existing as a repulsive mound of festering garbage, the landfill at Okhla has got a look that is more attractive. One face of the stabilised landfill has finally been “greened” and the capping work continues on the other sides. When the work is over, the overused landfill will get a new avatar as an ecopark. Tufail Ahmed, the engineer in charge of the...
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