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Joblessness below pre-COVID levels: Finance Ministry

-The Hindu Q1 surge in private consumption not just a function of pent-up demand but also rising employment levels, it says Demand for work under the national rural employment guarantee scheme hit a two-year low in August, signalling that the recovering economy is creating more jobs in rural as well as urban India, the Union Finance Ministry said on Saturday.    India’s inflation, the Ministry said, is “in control” and expected to moderate...

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Delhi HC to hear pleas over legal status of PM CARES fund on January 31

-PTI/ The Hindu In July, the court had asked the Centre to file a ‘detailed and exhaustive’ reply on the petition by Samyak Gangwal seeking to declare the PM CARES Fund a ‘State’ The Delhi High Court on September 16 listed for hearing on January 31 pleas concerning the legal status of the Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) under the Constitution and the Right...

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The future of old times in India -Jean Drèze and Esther Duflo

-The Hindu Near-universal social security pensions would be a good start to a radical expansion of public support for the elderly Life expectancy in India has more than doubled since Independence — from around 32 years in the late 1940s to 70 years or so today. Many countries have done even better, but this is still a historical achievement. Over the same period, the fertility rate has crashed from about six children...

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Food items keep WPI up at 12.4 per cent

-The Telegraph There has been a pick-up in the prices of vegetables, fruits, eggs, meat and fish and cereals mostly because of erratic rains Wholesale price index-based (WPI) inflation eased to a 11-month low of 12.41 per cent in August on softening in the prices of manufactured and fuel products even as food items remained expensive. Although WPI inflation declined for three consecutive months in August, it remained in double digits for...

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A layperson's guide to understanding the global Human Development Report 2021/22

It is hard for the media to ignore the findings of global Human Development Report (HDR) whenever a newer and updated version is released. Every time when the HDR is published by the United Nations Development Programme (UNDP), media persons and commentators tend to compare the performance of their respective countries with that of performance in previous years as also with respect to the relative performance of other nations. One of...

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