-Hindustan Times Under the Reserve Bank of India (RBI) Act Section 26(2), a recommendation by the RBI’s Central Board precedes any decision to demonetise any series of currency notes. The Supreme Court on Friday asked the central government if the Reserve Bank of India (RBI) had informed it that demonetisation will result in the withdrawal of over 86% currency in circulation. Making a query to the Centre as part of its consideration of...
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Government forms panel to look into MGNREGA’s efficacy -Sobhana K Nair
-The Hindu Poorer States like Uttar Pradesh, Bihar haven’t been able to use the scheme optimally to alleviate poverty, while economically better-off States like Kerala use it as an asset creation tool, say officials The Central government has constituted a committee to review the implementation of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) scheme, especially to assess the programme’s efficacy as a poverty alleviation tool. The committee, headed by former...
More »Urban unemployment improved to best level in July-September -Abhishek Jha
-Hindustan Times Data also suggests that at least some of the improvement could be because of an increase in poor-quality jobs, a trend seen regularly since the Covid-19 pandemic India’s headline urban unemployment rate reached its lowest-ever level in the quarter ending September 2022, according to the quarterly bulletin of the Periodic Labour Force Survey (PLFS) released by the National Statistical Office (NSO) on November 24. However, the bulletin’s data also suggests...
More »India pushes millets to tackle supply uncertainties, climate change -Kunal Gaurav
-Hindustan Times India’s focus on food security through increased production of millets was echoed by external affairs minister S Jaishankar during a luncheon on Thursday where he stressed that millets are important for food security as well as international relations. India has intensified its efforts for a global push to counter the challenges to ensure food security – threatened by Covid-19, conflicts and climate change – through increased millet production and consumption....
More »How Has the Indian Economy Done Vis-à-vis Other Nations Over the Past 30 Years? -Deepanshu Mohan, Aniruddh Bhaskaran, Hemang Sharma, Soumya Marri and Malhaar Kasodekar
-TheWire.in A detailed analysis of India’s growth trajectory, comparing its growth trends with other industrially developed economies across sectors and with other like-minded group of nations. This article, extrapolating our key findings from a recent Centre for New Economics Studies (CNES) research analysis, involves a detailed analysis of India’s growth trajectory over the last three decades comparing its growth trends with other industrially developed economies across sectors like manufacturing, services, banking, etc.,...
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