-Firstpost.com Development economist Jean Dreze has been vociferous critic of the Narendra Modi government's demonetisation of Rs 500 and Rs 1,000 notes a year back. He had famously warned that "demonetisation in a booming Economy is like shooting at the tyres of a racing car". A year on, it seems his caution has come true. In the first quarter of the current financial year, the GDP growth slowed to a three-year...
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Less than half of new MBA graduates get jobs, trend at 5-year low -Neelam Pandey
-Hindustan Times Over the years, in the absence of competent faculty and industry training facilities, most B-schools other than the premiere institutes began churning out graduates who were far from job-ready. Job offers for fresh management graduates in India are at a five-year low, official data show, a trend experts blame on a sluggish Economy as well as a mismatch between the years-old curriculum and industry expectations. In 2016-17, just 47% of Master...
More »World Bank's False Praise Pleases Besieged Modi -Subodh Varma
-Newsclick.in A World Bank study ignores slumping Economy and raging joblessness to praise ‘reforms’. A charming little bromance seems to be brewing between the World Bank and India’s Modi-led government. A series of reports by the World Bank has praised Modi for various kinds of “reforms”. The latest is the so called “Doing Business” report of the World Bank which lavishes praise on the Modi govt. for making it easier to do...
More »Exclusion of farm tractors from category of 'non-transport vehicles' will hit farmers: Swaraj India
-The Hindu Business Line New Delhi: The Centre’s decision to exclude agricultural tractors from the category of ‘non-transport vehicles’ will have “severe implications” on the already distressed farmers of the country, said Swaraj India, a party founded by Yogendra Yadav and Prashant Bhushan, after breaking away from the Aam Aadmi Party. In a memorandum submitted to the Road Transport Minister Nitin Gadakri, the party has demanded more time for submission of objections...
More »85% MNREGS wages paid in time this fiscal: Ministry
-PTI According to rural development ministry, there are no preconditions for getting employment under the scheme. New Delhi: The Centre is taking steps to ensure timely payment of wages under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MNREGS), out of which 85 per cent of wages have already been paid this fiscal, an official statement said. According to the statement released by the rural development ministry yesterday, there are no preconditions, including...
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