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Fiscal deficit in April-August at 94.7% of govt's annual target -Asit Ranjan Mishra

-Livemint.com India’s fiscal deficit touched 94.7% of the budgeted target during the April-August period while revenue deficit crossed the budget estimate at 113.8% in the same period New delhi: Despite a substantial increase in transfer of surplus by the Reserve Bank of India (RBI) to the government, India’s fiscal deficit touched 94.7% of the budgeted target during the April-August period while revenue deficit crossed the budget estimate at 113.8% in the same...

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Rate Of Unemployment In India Highest In 20 Years: Report -Akshay Deshmane

-HuffingtonPost.in According to the report, this shortage of jobs is compounded by depressed wages. NEW delhi: The biggest new challenge facing India's policymakers and administrators is rapidly rising unemployment, says a report released on Tuesday by the Centre for Sustainable Employment of the Azim Premji University. "Unemployment levels have been steadily rising, and after several years of staying around 2-3%, the headline rate of unemployment reached 5% in 2015, with youth unemployment being...

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57% of regular Indian employees earn less than Rs. 10,000

-Livemint.com The ‘State of Working India’ report by Azim Premji University shows that the low wage is so evident that people earning Rs. 50,000 or more constitute just 1.6% of the total workforce in India New delhi: Despite economic growth and gradual formalization of the workforce, low wages and wage growth remain key challenges with 57% of regular employees earning Rs. 10,000 or less a month, a new report published on Tuesday...

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Estimates panel quizzes PMO on Rajan's report

-The Hindu Business Line New delhi: The Estimates Committee of Parliament has asked the PMO, Coal Ministry and various banks to respond to queries on NPAs emanating from former RBI Governor Raghuram Rajan’s report. The committee is headed by veteran BJP leader Murli Manohar Joshi. Sources in the committee told BusinessLine that the PMO, ministry and lenders have been asked how the NPAs — estimated at ?9 lakh crore — piled up...

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Agro-biodiversity conservation still remains ignored: Expert

-The Hindu Business Line Mangaluru: An expert from Jawaharlal Nehru University (JNU) has said agro-biodiversity conservation approach has not received the attention from the stakeholders concerned in the country. Speaking at the inauguration of the national workshop on ‘Agro-biodiversity conservation for sustainable socio-ecological development’ at Mangalore University on Monday, KG Saxena, Professor, School of Environmental Sciences, JNU, New delhi, said agriculture has remained the focus area for many. Long-term approach Following this, agro-biodiversity conservation...

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