-The Times of India NEW DELHI: The Supreme Court on Monday paved the way for higher pension to all private SECtor employees by dismissing a special leave petition filed by Employees Provident Fund Organisation (EPFO) against a Kerala high court judgment. The HC had asked EPFO to give pension to all retiring employees on the basis of their full salary, rather than capping the figure on which contribution is calculated at a...

  Growth in rural wages not only indicates economic prosperity of the masses, it is also considered important so as to generate effective demand for goods and services, which is produced by various SECtors of the economy. When money becomes available in the hands of rural workers due to government spending on programmes such as Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), it generates demand for commodities. The production of commodities...

-Hindustan Times The 15th Finance Commission (FC) has to submit its report in October 2019, which will be another important event in the evolution of India’s fiscal federalism framework. The tenure of the Narendra Modi government has seen important changes in India’s fiscal federalism set-up such as the abolition of the Planning Commission (PC) and the roll-out of the Goods and Services Tax (GST). The 15th Finance Commission (FC) has to submit...

-The Indian Express Both BJP’s PM Kisan and Congress’s Nyay acknowledge that small and marginal farmers and bottom 20 per cent of population have not benefited from current policies. But both schemes raise further questions. It is time to celebrate the biggest spectacle of democracy on this planet. About 900 million people are eligible to exercise their right to choose their representatives to the Lok Sabha. This festival of democracy will...

-The Hindu Business Line As the SECtor pays the price for governments’ populism, it is time for an all new approach Earlier this month, Australia and Brazil dragged India to the WTO for its market-distorting policies on sugar. Their contention was that the subsidies, including the extent of farmer assistance, far exceeded the norms set by the WTO resulting in higher sugar production/exports which dampen the international prices and, consequently, hurt their...