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EPFO revises down payroll numbers by 12% for September-May period -Somesh Jha

-Business Standard The payroll data has been revised downwards for each of the nine months between September 2017 and May this year New Delhi: The net enrolment numbers released by the Employees’ Provident Fund Organisation (EPFO) has been revised down by 12.4 per cent for the September-May period, from an earlier estimate of 4.5 million to 3.9 million. The payroll count in June rose by 24 per cent to 793,308. The net enrolment...

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Climate change affecting hydro-power generation in India: study -Dinesh C Sharma

-The Hindu Business Line A new study has suggested that the government must consider changes occurring due to climate change while planning new hydropower projects. The generation of hydropower from top seven hydropower projects in India has suffered due to climate variability in the past six decades. Future projected climate change may also hit reservoir operation for power generation from these projects, says the study done by researchers from the Indian Institute...

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Ganga drying up in summers due to groundwater depletion: Study

-PTI ‘The decline of groundwater inflow is also impacting the health of the river’ Kolkata: Ganga, the 2,600-km-long trans-boundary river of Asia, has witnessed “unprecedented low levels of water in several lower reaches” in the last few summer seasons, a study undertaken by a professor of IIT-Kharagpur has said. The study, published recently in Scientific Reports magazine by Nature Publishing Group, used a combination of satellite images of groundwater levels of Ganga, numerical...

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NR Bhanumurthy, professor of economics at the National Institute of Public Finance and Policy (NIPFP) and author of the series presented in a report to the National Statistical Commission, interviewed by Abhishek Waghmare (Business Standard)

-Business Standard "Under the new GDP series, there has been reallocation of a few items from one sector to another, from services to manufacturing sectors" The back series data of GDP released recently by a panel of experts has evoked sharp reactions among political circles and experts. N R Bhanumurthy, professor of economics at the National Institute of Public Finance and Policy, and the author of the series, presented in a report...

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Tip of job challenge -Basant Kumar Mohanty

-The Telegraph New Delhi: The proportion of jobless people rose significantly in India across education levels between 2011 and 2016, an economics professor's analysis of two sample surveys suggests. The findings by Santosh Mehrotra, chairperson of the Centre for Labour Studies at JNU, appear to question the Centre's claims about job creation although the period under focus covers only the first two years of Narendra Modi's rule, along with the last three...

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