-The Hindu The fundamentals of the game have to change as they currently favour wealthy investors and not workers and tiny enterprises India has an incomes crisis: incomes of people in the lower half of the pyramid are too low. The solutions economists propose are: free up markets, improve productivity, and apply technology. These fundamentals of economics must be re-examined when applied to human work. Three solutions Economists say markets should be freed up...
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New report by American Bar Association exposes the dark underbelly of Indo-US sandstone trade
Often exports made by a country to the rest of the world are seen in a positive light by us. It is because exports not only earn precious foreign currencies (that can be used for importing goods and services or simply be used for building forex reserves), it also helps in generating effective demand for goods and services produced in that country and hence, contributes to economic or GDP growth....
More »‘Illegal mining’ could soon become legal. Modi government gives just 10 days for public feedback -Supriya Sharma
-Scroll.in Mining companies stand to benefit from one of the amendments being pushed through without proper public consultation. India’s mining law enables the government to recover 100% of the value of Minerals extracted illegally. Based on this provision, in August 2017, the Supreme Court of India ordered the recovery of Rs 17,576 crore from mining companies that had extracted iron ore and manganese in Odisha in violation of environmental laws. If the Modi...
More »Odisha's Keonjhar announces higher wages under rural job scheme -Elizabeth Roche
-Livemint.com There has been demands for linking MGNREGA wage with consumer price index-rural (CPI-R) for an annual revision of wages based on contemporary changes in rural geography NEW DELHI: Odisha’s Keonjhar district administration on Friday said it has become the first in the country to provide higher minimum wages to those taking up jobs under the national rural employment guarantee scheme. In a post on Twitter, the Keonjhar district administration said those working...
More »Big beneficiaries of Tranche IV stimulus: Adani, Vedanta, Tata Power, Anil Ambani's Reliance -Nevin John
-BusinessToday.in Finance Minister Nirmala Sitharaman's reform announcements related to coal, aviation, power sectors will suit these players * Adani Power, Tata Power, JSW Energy, Reliance Power will lock horns in the bid for thermal coal blocks * Existing captive users like Tata Power, Reliance Power, Tata Steel must bid at regular intervals to retain mining licence * Adani Enterprises Ltd had recently emerged as the highest bidder for six airports * Adani bought the Mumbai...
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