-The Times of India PATNA: Bihar on Friday became the FIRst state to launch a universal old-age pension scheme in which each person at the age of 60 years and above, irrespective of their financial, family or caste status, will get a sum of Rs 400 per month directly in his/her bank account. In other states, old-age pensions are provided only to the members of either BPL family or SC/ST or widows...
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On CMs' table today: Plan to revamp permit-raj food laws -Ravish Tiwari
-The Indina Express The proposal holds significance given that the EC Act arms the government with powers to impose stock limits and movement restrictions on agricultural commodities. New Delhi: Arguing that the Essential Commodities Act, 1955, was framed during the era of food scarcity, the NITI Aayog has proposed that the Act be scrapped because it is an “impediment in the free movement of commodities” given that the country is now...
More »The Dramatic Increase in the Unemployment Rate -Prabhat Patnaik
-Newsclick.in The Periodic Labour Force Survey Report 2017-18 clearly shows that there is a sudden jump in the unemployment rates across-the-board in 2017-18, compared to all preceding rounds of the NSSO. The report of the Periodic Labour Force Survey (PLFS) conducted in 2017-18 is finally out, and it conFIRms what had been leaked earlier, namely a dramatic increase in the unemployment rate in the Indian economy. The unemployment rate is given under...
More »Government reduces ESI contribution rate to 4%, industry to save Rs 5,000 crore annually
-PTI NEW DELHI: The government on Thursday announced a cut in contributions made by employers and employees toward the health insurance scheme of Employees' State Insurance Corporation (ESIC) to 4 per cent from the existing 6.5 per cent, a move which would lead to an estimated annual saving of around Rs 5,000 crore for FIRms. The reduced rates will be effective from July 1, 2019, the labour ministry said in a release....
More »Like election manifestos, draft NEP is merely a statement of intent -Satish Deshpande
-The Indian Express The nation awaits the new born DNEP’s janmakundali to reveal its future. But we already know one of its possible epitaphs: It was just too good to be true. What does the new National Education Policy (NEP) have to say about the future of Indian higher education? Before trying to answer this question, it is necessary to spend a moment or two on the roughly 500-page draft of...
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