-TheWire.in The new scheme, similar to other programmes launched by the Modi government, shows how divorced Lutyens Delhi is from the dust and grime of real India. The NDA government in its last budget before the election has announced an ambitious pension scheme for unorganised sector workers. Given its tendency for hyperbole, the scheme is already being touted as the largest pension scheme in the world with 100 million potential beneficiaries. It would...
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Modi Govt Will Prepare New NSSO Report to Show 'Increase in Jobs', Says PM's Economic Advisor
-News18.com The leaked report recorded unemployment rate of 6.1 percent in 2017-18, giving the opposition Congress ammunition to attack and pushing the NDA government in defensive mode. New Delhi: A day the National Sample Survey Office’s Periodic Labour Force Survey recorded the unemployment rate in India at a 45-year-high, Prime Minister’s Economic Advisor, Bibek Debroy said that they will prepare a fresh jobs report. “The survey will show that there has been...
More »Interim Budget 2019: 'Gokul Mission funds have not been suitably utilised at all' -Jitendra
-Down to Earth The scheme is just 'lip service' for the Modi government says official even as Piyush Goyal allocates Rs 750 crore to it Usually, the Union government’s Budget is allocated for all types of livestock and animal husbandry development purposes. On February 1, 2019, interim Minister of Finance Piyush Goyal eulogised cattle in his speech and allocated Rs 750 crore for them under the Rashtriya Gokul Mission (RGM). RGM is...
More »Full Budget against Constitution: Yashwant Sinha
-The Hindu ‘Economic Survey also against norms’ New Delhi: If the Narendra Modi government presents a full Budget instead of a vote-on-account, it will not only be improper but also unconstitutional, former Finance Minister Yashwant Sinha said on Monday. “No Finance Minister has presented a Finance Bill in a vote-on-account session. If this government does that, it will be the first time and it will be in direct contravention of the Constitution,”...
More »The mistaken obsession with the fiscal deficit -CP Chandrasekhar and Jayati Ghosh
-Networkideas.org It’s that time of year again – the time when all eyes turn to those magic numbers, the actual and proposed fiscal deficits of the central government as shares of GDP. Breathless news anchors will interrogate financial investors on what the numbers mean, and why 3.5 per cent or 3.7 per cent is fatally worse than, say, 3.4 per cent or 3.2 per cent or less. Everyone will breathe a...
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