-Livemint.com * The Centre has no money for a stimulus package. Only the states can find a way to get India out of the slowdown * States, taken collectively, are the only hope. Despite loan waivers, they are in a better position to boost public spending. But that would require coordinated work between the Centre?and the states NEW DELHI: On 1 February, finance minister Nirmala Sitharaman will present an important Union budget. The...
More »SEARCH RESULT
Total Matching Records found : 31403
India drops 10 places in Democracy Index in 'tumultuous year' for Asia -Rezaul H Laskar
-Hindustan Times The Democracy Index referred to the changes in Jammu and Kashmir and the controversial implementation of the (NRC) in Assam. India dropped 10 places in the Democracy Index’s global ranking to 51st place, with the survey describing the erosion of civil liberties in the country as the primary cause of the democratic regression. The Democracy Index - prepared by Economist Intelligence Unit, the research and analysis division of The Economist Group...
More »867,964 people joined formal workforce in November, shows payroll data -Prashant K Nanda
-Livemint.com * The number was better than October when 686,158 people joined the formal work but less than any other months in the current financial year * In July it was 1.2 million, and in June it was 1.18 million, in May it was 1.01 million and in April it stood at 1.06 million NEW DELHI: At least 867,964 new people joined the formal workforce in November 2019, an improvement from the month...
More »India may miss tax collection target for 2019-20 by nearly Rs. 2.5 lakh cr: Garg
-PTI * Subhash Chandra Garg from the tax revenues perspective, 2019-20 is proving to be a dysfunctional year * Former finance secretary says corporate tax, excise duties and customs are likely to see negative growth in collections in 2019-20 NEW DELHI: The Government's tax collection is likely to fall short of its estimate by Rs2.5 lakh crore or 1.2% of GDP in 2019-20, former finance secretary Subhash Chandra Garg said on Sunday while...
More »Why 'Make in India' has failed -M Suresh Babu
-The Hindu It is too ambitious, spectacularly ill-timed, and has brought in too many sectors into its fold On September 25, 2014, the Indian Government announced the ‘Make in India’ initiative to encourage manufacturing in India and galvanize the economy with dedicated investments in manufacturing and services. Immediately after the launch, investment commitments worth crores were announced. In 2015, India emerged as the top destination for foreign direct investment, surpassing the U.S....
More »
