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Privatisation Harms Poor and Needy, Says UN Poverty Expert -Subodh Varma

-Newsclick.in In a report to the UN General Assembly, Philip Alstom urged a rethink by governments as also multilateral bodies, like IMF and World Bank, and even parts of UN. Widespread privatisation of public goods in many societies is systematically eliminating human rights protections and further marginalising those living in poverty, according to a hard-hitting new report. The report was transmitted to the UN General Assembly on 19 October. Philip Alston, the UN...

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Not enough jobs, private investments missing: What's wrong with the world's fastest growing economy? -Dinesh Unnikrishnan

-Firstpost.com A report from rating agency CARE, released early this week, revealed that India's employment scenario is not looking good. It said job growth in corporate India moderated to 3.8 percent in fiscal year 2018, from 4.2 percent in the previous fiscal and the problem is most severe with smaller Companies.     The report, based on an analysis of over 1,600 corporates, said smaller Companies with net sales of less than Rs...

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The India that does not shine is bigger than the India that does -Anup Sinha

-The Telegraph The obsession with economic growth and the stock market hides other important facts about the condition of the economy Every time quarterly or monthly reports of the Indian economy are announced there is a reaction in the media. If the results are worse than the previous ones, then impending doom is forecast. If the results are better than the previous ones, there is unbridled optimism about future economic prospects. Both...

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Over 50 crore mobiles with Aadhaar KYC could be disconnected -Pankaj Doval

-The Times of India NEW DELHI: There could be a fresh KYC headache for over 50 crore mobile connections, or almost half of India’s phone population. They stare at the prospect of disconnection if SIM cards procured on the basis of Aadhaar verification are not backed up by a fresh identification. The issue has come to the fore following the Supreme Court’s judgment on Aadhaar where the court barred private Companies from...

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Beat the queue at airports, railway stations by being honest in paying income tax

-Livemint.com The Income Tax department is in the process of chalking out a new policy which will reward taxpayers who are not only honest but also consistent in filing ITRs. The rewards could include priority access at airports and railway stations. New Delhi: Want to beat the queue at airports, railway stations and toll gates on highways? Filing your income tax returns (ITR) honestly and consistently every year on time can be...

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