-The Indian Express Policy coordination between the Centre and states will be crucial for implementing this ambitious reform agenda. The National Statistical Office will release the second advance GDP estimates for 2020-21 at the end of February. The first advance estimate had, in early January, forecasted a contraction of 7.7 per cent in 2020-21. This was due largely to an expected, sharp contraction in both industry and services. The second advance estimates...
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Union Finance Minister Nirmala Sitharaman interviewed by Raghuvir Srinivasan, Aarati Krishnan and Parvatha Vardhini C (The Hindu Business Line)
-The Hindu No decision taken yet on which banks will be privatised, Finance Minister says. Fresh from presenting a Budget that represents a clean break from past policies, Union Finance Minister Nirmala Sitharaman was in Chennai last weekend to hear feedback from industrialists and common citizens. “This is a Budget that was put through the wringer to ensure that every number was credible and achievable and did not reflect over-ambition,” she said,...
More »'You cannot build a skilled society on low-cost labour’
-The Indian Express At the inaugural Indian Express Thinc Migration series presented by Omidyar Network India, moderated by Udit Misra, deputy associate editor, panelists discussed the crisis in India’s internal migration. On migration patterns S Irudaya Rajan: In the 2011 census, India had 450 million migrants. We have policies in the country to increase migration, and policymakers and economists, who believe urbanisation will lead to economic growth. This is reflected in the Smart...
More »A peek into Jharkhand’s mica mines where child labour & illegal mining are no secret -Praveen Jain and Simrin Sirur
-ThePrint.in The mica mining industry today operates via unlicensed middle men and labourers who scavenge for mica in large abandoned mines, or dig holes into the earth for scraps. Giridih, Jhumri Telaiya: For generations, families living in the Koderma and Giridih districts of Jharkhand have survived on the collection and trade of mica — a shimmery, translucent mineral used in cosmetics and automobiles. The mining of mica was once a legal, thriving business...
More »Privatisation of PSU banks: Govt to bring amendments to two legislations
-Livemint.com/ PTI Finance Minister Nirmala Sitharaman while presenting Budget 2021-22 earlier this month had announced the privatisation of Public Sector Banks To facilitate the privatisation of public sector banks, the government is likely to bring amendments to two legislations later this year. Amendments would be required in the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 for privatisation, sources said. These Acts...
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