-The Hindu More than half the defence budget is allocated for pensions every year while less than 5% is allocated for research and development One key reason for the Agnipath scheme, which aims to recruit defence personnel in short-term contracts, could be to reduce increasing pension payments in the Army, Navy, and Air Force. More than half the defence budget is allocated for pensions every year while less than 5% is allocated...
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As Modi Celebrates Eight Years as PM, Three Economic Faultlines That Can't Be Ignored -Arun Kumar
-TheWire.in In the last three years, the Indian economy has been in crisis even if its organized sector has been doing well. Three years of Narendra Modi’s second stint as Prime Minister was celebrated by the Bharatiya Janata Party earlier this month. The self-congratulatory campaign, however, was spoiled quickly by a succession of events, all of which point to what has gone wrong during his tenure. First came the news that the economy...
More »Agnipath has job potential in corporate sector for youths: Industry leaders
-PTI/ Business Standard Mahindra Group Chairman Anand Mahindra, RPG Enterprises Chairman Harsh Goenka and Biocon Ltd Chairperson Kiran Mazumdar-Shaw came out in support of Agnipath, saying it has potential for employment Industry leaders, including Mahindra Group Chairman Anand Mahindra, RPG Enterprises Chairman Harsh Goenka and Biocon Ltd Chairperson Kiran Mazumdar-Shaw on Monday came out in support of the Agnipath scheme, saying it has large potential for employment of youth in the corporate...
More »Garlic prices lose pungency, farmers irked in Rajasthan, Madhya Pradesh -AM Jigeesh
-The Hindu With government yet to begin procurement, many are forced to destroy their yield unable to meet even the transport cost Exactly five years after a police firing claimed the lives of six garlic farmers in Madhya Pradesh’s Mandsaur who were protesting demanding minimum support price for their produce, farmers in the districts bordering Madhya Pradesh and Rajasthan are up in arms against the State and Union governments for price as...
More »MGNREGS hits record with 3.1 crore families seeking work in May. It’s a cry for help from Bharat -Sayantan Bera and Nikhil Rampal
-ThePrint.in From a record-breaking number of households demanding work under the MGNREGS to the stark decline in consumption and FMCG sales — all signs point to a rural livelihood crisis. New Delhi: Consider a job offer where day wages are less than both statutory minimum wages and market wages for unskilled workers. The work may last for about 10 days at a time, and payments may take more than two weeks, at...
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