-The Hindu Business Line Q4 GDP growth is at 5.8%; joblessness is highest in 45 years Four different macroeconomic data points released on Friday — GDP growth, fiscal deficit, unemployment numbers and core sector data — brought to the fore the enormous challenges the Modi 2.0 team faces in resurrecting the faltering economy and restoring the confidence of investors. The four macro data points — albeit for different periods — present a less-than-optimistic...
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On Day 1 of new govt, Cabinet extends PM Kisan to all farmers
-The Hindu Business Line 14.5 crore farmers will get Rs.6,000 annually in three equal instalments The Union Cabinet, which held its first meeting on Friday, decided to extend the Pradhan Mantri Kisan Samman Nidhi (PM Kisan) to all farmers in the country irrespective of their landholdings. The Rs.75,000-crore PM Kisan scheme, first announced in the Interim Budget on February 1, was meant only for small and marginal farmers. According to the scheme, poor...
More »GDP growth slumps to 5.8% -Yuthika Bhargava
-The Hindu Slowdown in the economy was led by sluggish growth in the agriculture, forestry and fishing sector (2.9% growth), the mining sector (1.3% growth) and manufacturing (6.9%). India’s GDP grew at 5.8% in the January-March 2019 quarter, dragging down the full year growth to a five-year low of 6.8%. The unemployment rate in the country rose to a 45-year high of 6.1% in 2017-18, as per official data released on the...
More »Technical glitches add to NREGA workers' despair -P Sujatha Varma
-The Hindu Wages to the tune of Rs.53.8 crore are yet to be paid in State Vijayawada; Frequent changes in wage disbursal methods and technical glitches, coupled with government apathy, have deprived 8.6 lakh porters of their hard-earned wages worth Rs.53.8 crore in the 13 districts of Andhra Pradesh under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). “Factors that stand between the workers and their wages range from failure of the...
More »Atrocities Against dalits Continue Unabated in Gujarat -Bharathy Singaravel
-Newsclick.in In 2019, the Gujarat government revealed a 32% rise in crimes against Scheduled Castes between 2013 and 2017, and a 55% rise in crimes against Scheduled Tribes for the same period. On May 22, Jignesh Mevani, MLA from Vadgam, Gujarat, released a strongly worded statement on his Facebook page, following the killing of Rajesh Sondarva. Sondarva was a 21-year-old dalit murdered by upper caste Hindu men in Rajkot, Gujarat. Earlier in...
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