-Business Standard Serious inconsistencies in data make revenue projection problematic States will need to be compensated for their revenue shortfall under goods and services tax (GST) even after 2022 — the sunset year for compensation under the law — because of slow revenue growth, a report commissioned by the 15th Finance Commission (FC) has noted. It shows that states would require compensation of at least Rs 1.67 trillion in 2024-25, because none of...
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The changing nature of public employment -CP Chandrasekhar and Jayati Ghosh
-The Hindu Business Line/ Macroscan.org Indian labour force surveys indicate an increase in public employment, but very little of this is increase in good quality jobs. Instead, most new jobs are of underpaid women workers without proper conditions. Please click here to access the article. ...
More »Bhupesh Baghel goes back on paddy MSP promise, blames Centre -Dipankar Ghose
-The Indian Express Earlier this month, Baghel met Union ministers, arguing that this leeway was given to the previous BJP government led by Raman Singh in 2016-17 and 2017-18. The Centre, however, has said that keeping the fiscal balance in mind, this is not possible. The Congress government in Chhattisgarh has said that it will acquire paddy at the Centre-mandated MSP of just over Rs 1,800 per quintal this season, instead...
More »Govt releases 5 survey reports after uproar, holds back study it junked -Somesh Jha
-Business Standard Scholars across the world had appealed for the survey reports, including one on household consumer expenditure. The Union government on Saturday released five sets of survey reports on key socio-economic trends, most of which were approved but withheld. The junked consumer expenditure survey was not among these. The Ministry of Statistics and Programme Implementation (MoSPI) released the survey reports, ‘Household Social Consumption in India: Health’ and ‘Household Social Consumption in India:...
More »Govt awaits Labour ministry's verdict on modifying consumer price indices
-PTI On a supplementary question on when outstanding dues to Andhra Pradesh will be released, Tomar gave an assurance that no pendency of dues relating to Andhra Pradesh would remain with his ministry. The government is awaiting the Labour ministry's decision on modifying consumer price indices before linking MGNREGA wages to inflation, Rajya Sabha was informed on Friday. Replying to supplementary questions during Question Hour in the Upper House on linking of wages...
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