-The Hindu 198 existing dams in seven States will benefit The government has approved a 65% hike, and extended by two years, a project to improve the stability and working of dams in 11 States. The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, approved the Dam Rehabilitation Improvement Project (DRIP) project on Wednesday. Out of the Rs.3,466 crore cleared, Rs. 2,628 crore would be funded by the...
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Cash still the king. Cash savings highest in a decade -Gayatri Nayak
-The Economic Times Demonetisation seems to have had no impact on cash savings by the Indian household, Savings are again going out of the banking system with share of savings in form of cash touching decade high and that of deposits touching decade lows. While currency in circulation is at Rs 19.38 lakh crore is much higher than pre-demonetisation levels, household savings in form of cash and currency has surged to...
More »Pronab Sen, former Chief Statistician of India, interviewed by TCA Sharad Raghavan
-The Hindu The former Chief Statistician on calculating GDP back series, on indicators of development, and the fall of the rupee The draft of the back series GDP data, which was made public by the government recently, is unlikely to change drastically even if other methods of calculation are used, says former Chief Statistician of India, Pronab Sen. The noted economist discusses GDP, employment and poverty data; the value of the rupee;...
More »Petroleum consortium says refusal to display PM's picture is inviting threat of blocked supplies -Piyush Pandey
-The Hindu Consortium representing them says refusal to display PM’s picture is inviting threat of blocked supplies Mumbai: Dealers operating petrol pumps have received a verbal advisory from state-owned oil marketing companies (OMCs) to put up pictures of Prime Minister Narendra Modi at their retail outlets, triggering a protest. Indian Oil Corporation (IOCL), Hindustan Petroleum Corporation Limited (HPCL) and Bharat Petroleum Corporation Limited (BPCL) have asked the dealers to arrange the display ahead...
More »More than 4 lakhs posts in the Central govt. lying vacant, shows latest available data
Since jobs have shrunk due to the deployment of information technology in sectors such as banking, quotas won't guarantee employment, said Union Minister Shri Nitin Gadkari recently, according to a PTI news dated 5th August, 2018. But the truth is somewhat different from what Mr. Gadkari told journalists about falling jobs against the backdrop of demand for reservation by the Marathas. Let us see why this is so. The total number...
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