-Scroll.in At a time when upper classes continue to thrive on waves of profit maximisation, the social and economic safety net of the poor has been gradually eroding. Amidst all the talk on two Bharats, are we seeing a time horizon where India’s elite may abandon the country’s poor and vulnerable? This is a question I have been contemplating about for a few months now. My curiosity peaked days after the recent Union...
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New EPFO accounts no proxy for new jobs -Santosh Mehrotra and Kingshuk Sarkar
-FinancialExpress.com Recent registrations cited as proof of job creation were mostly formalisation of existing jobs Defending the Centre’s record on employment, prime minister Narendra Modi, in a speech in Rajya Sabha, talked about the impressive net enrolment to Employment Provident Fund Organization (EPFO): during 2021, 1.20 crore beneficiaries were enrolled under EPF—about 65 lakh beneficiaries in the 18-25 age bracket, implying they are FIRst-time entrants to the labour market. He connected the...
More »What will be India’s GDP in 2022-’23? The government and RBI have given three answers in 11 days -Rajrishi Singhal
-Scroll.in/ Qz.com While the economic survey and Budget estimate the growth in the coming fiscal year to be 8%-8.5% and 6.6% respectively, RBI forecasts it to be 7.8%. Indians have enjoyed an ever-expanding array of choices for consumer goods over the past couple of decades. In this season of cheer and goodwill, they now have the pleasure of even selecting a version of India’s growth perspectives, depending on the risks playing out. Three...
More »Over 3,500 Deaths By Suicide Amongst Unemployed in 2020, Government Tells Rajya Sabha
-TheWire.in This marks the FIRst time in the recent past when the number of deaths by suicide among unemployed people has crossed the 3,000 mark. New Delhi: In a written reply in the Rajya Sabha on Wednesday, February 9, Union minister of state for home affairs Nityanand Rai, citing data from the National Crime Records Bureau (NCRB), said that 3,548 people died by suicide due to unemployment in 2020. The figure, observed in...
More »UP Assembly Elections 2022: Impact of farmers’ protest likely; MSP, cane dues major issues in Jat belt -Shagun
-Down to Earth Western UP farmers say they have become aware of their rights due to the protest and will vote on them The year-long farmers’ protest against the three farm laws and on granting a legal status to minimum support price (MSP) is likely to play a role when farmers from western Uttar Pradesh (UP) cast their votes February 10, 2022. The 2020-21 protest and several mahapanchayats during that time saw a...
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