-The Tribune Industries reduce number of shifts as sales fall Faridabad: Industrial units here have started laying off the excess employees, courtesy demonetisation. In the past one month since Rs 500 and Rs 1,000 notes were declared invalid, around 45,000 employees, mostly contractual, have reportedly lost their job in this industrial city. A large number of employees who received their salaries through cheque are still waiting to cash it due to delay in...
More »SEARCH RESULT
Total Matching Records found : 1293
Demonetisation could take away 400,000 jobs;e-com to be worst hit -Himani Chandna
-Hindustan Times With demonetisation set to reduce India’s economic growth by 1% over the next one year, the job market is likely to see over 400,000 job cuts. You should worry if you work in the e-commerce sector, since firms could handover around 200,000 pink slips in the next one year. “Cash on delivery being almost 70% of the overall e-commerce business, the sector is likely to take a hit and lose...
More »Utsa Patnaik, professor emeritus at Jawaharlal Nehru University, interviewed by TK Rajalakshmi
-Frontline.in Interview with Utsa Patnaik, professor emerita of economics, Jawaharlal Nehru University. By T.K. RAJALAKSHMI THE FALLOUT of the decision of the National Democratic Alliance government to demonetise currency of higher denominations has been felt across all sections of people. There are concerns that it will lead to an overall economic slowdown given the acute shortage of currency for industrial and agricultural operations. The impact on agriculture and those dependent on agriculture...
More »The mystery of agricultural growth -Himanshu
-Livemint.com Latest data released by ministry of agriculture shows that sowing of rabi crops, expected to be higher than last year, is still lower than normal area sown That demonetisation will cause Indian economic growth to slow is no longer a matter of speculation. While clear estimates of the extent of deceleration will only emerge after some time, preliminary estimates of automobile sales and the purchasing managers’ index (PMI) for Manufacturing...
More »Ranchi to produce organic fertilizer from vegetable, kitchen wastes -Sanjoy Dey
-Hindustan Times Ranchi: Kitchen waste and heap of vegetables dumped at wholesale markets will no longer be the food for stray animals in the city. The wastes will now be processed and converted into organic fertilizer under Swachh Bharat Mission. Taking a cue from Hyderabad, Ranchi civic body has installed low-cost fertilizer Manufacturing units at Khadgara vegetable market on Tuesday to convert the wastes into organic fertilizer. The initiative was started as trial...
More »
