-The Times of India MUMBAI: For the Middle class, an immediate impact of GST would be the higher premium outgo due to the increase in rate of tax on insurance following implementation of the Goods and Services Tax. For families that own a car and pay for health and term insurance the increase in annual outgo would be close to Rs 1,000. "The immediate impact will be an increase in the tax...
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Economy growing at 7%, jobs at 1% -Subodh Varma
-The Times of India While the economy is growing at just over 7% per year, jobs increased by just 1.1% last year, according to a recently-released report covering eight key sectors of the non-farm economy. An earlier report had pegged joblessness at a fiveyear high of 5% in 2015, and under-employment at a staggering 35% of the over-15 years labour force. Seen in this context, the government is facing a growing employment...
More »Farmer suicides in India: myths versus realities -Roshan Kishore
-Livemint.com Farmers commit suicides less often than non-farmers but they are more likely to commit suicides because of economic distress compared to others With an ongoing petition in the Supreme Court on farmer suicides , and a growing clamour for farm loan waivers across several states of the country, the debate on farm suicides in India seems to be heating up once again. Several commentators and researchers have claimed for long that farmers...
More »Centre asks states to review drought preparedness -Sayantan Bera and Prerna Kapoor
-Livemint.com An advance review of drought preparedness will help mitigate the impact of any sub-par rains on farmers, says agriculture minister Radha Mohan Singh New Delhi: Despite the government’s weather office forecasting a normal south-west monsoon in 2017, agriculture minister Radha Mohan Singh on Monday wrote to all state chief minister’s asking them to be ready with contingency plans in case of poor rains. An advance review of drought preparedness will help mitigate...
More »Dalits, Adivasis, Muslims worst off, says Indian Exclusion Report
-The Hindu ‘Historically disadvantaged groups most excluded from access to public goods’ Dalits, Adivasis and Muslims continue to be the worst-hit communities in terms of exclusion from access to public goods, according to the 2016 Indian Exclusion Report (IXR) released by the Centre for Equity Studies (CES) in New Delhi on Wednesday. “The 2016 Report reviews exclusion with respect to four public goods: pensions for the elderly, digital access, agricultural land, and legal...
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