-PTI Government finances have come under pressure due to moderation in revenue collection and a slew of measures taken to lift growth from a six-year low of 5 per cent in the first quarter of the current fiscal. The government may seek an interim dividend of about Rs 30,000 crore from the RBI towards the end of the financial year to meet its fiscal deficit target of 3.3 per cent of...
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India's generous maternity leave policy fails to cover 99% of women who need it -Manavi Kapur
-Scroll.in/ qz.com Adapted from the West, the law applies only to women working in companies with at least 10 employees. A mere 1.3% working women fit that criterion. Working mothers-to-be in India have it better than most of their developed-world peers, but the country’s maternity laws may be just token gestures. In 2017, the country passed the Maternity (Amendment) Bill that increased the right to paid maternity leave for working women from 12 weeks...
More »UP worst hit as rain claims 48 lives in 4 states
-PTI As many as 35 fresh rain-related deaths were reported from Uttar Pradesh alone NEW DELHI /PATNA /LUCKNOW: As many as 48 people died in rain-related incidents, majority of them in Uttar Pradesh, while incessant rainfall in Bihar, where an alert has been sounded, left the streets of state capital Patna and other areas waterlogged and residences of at least two ministers marooned. As many as 35 people lost their lives in Uttar...
More »Drilling for uranium begins at Andhra's Allagadda; locals worried
-The Hindu People are wary about impact of drilling, says former Minister KURNOOL: The Atomic Minerals Directorate for Exploration and Research has taken up drilling at 15 different location in the district in search for uranium. The operation is taking place from Allagadda mandal headquarters to Gajulapalli in Mahanandi mandal. District authorities said that the directorate was drilling about 250 metres deep for extracting samples. The samples would be sent to their laboratories...
More »Institutions weakened, economy crippled -M Suresh Babu
-The Hindu The credibility of the RBI, the CSO and the Niti Aayog has taken a beating in recent times due to political interference Nobel laureate Oliver Williamson pondered over an important question, around 25 years ago: “Why are the ambitions of economic development practitioners and reformers so often disappointed?” According to him, “one answer is that development policymakers and reformers are congenital optimists. Another answer is that good plans are regularly...
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