-Livemint.com The new subscribers to EPFO likely represent formalization of a section of the regular workforce rather than new additions to it New Delhi: Ahead of the 2019 Lok Sabha elections, the jobs debate in India has heated up once again. Spokespersons of the National Democratic Alliance (NDA) claim the Indian economy has created an unprecedented number of jobs over the past couple of years. The opposition as well as some independent...
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Violence cost India's GDP over $1 trn on PPP bASIs
-PTI The estimates include the direct and indirect cost of violence as well as an economic multiplier New Delhi: Violence cost the Indian economy a whopping USD 1.19 trillion (over Rs 80 lakh crore) last year in constant purchASIng power parity (PPP) terms, which amounts to roughly USD 595.4 per person, says a report. The findings are part of the report prepared by the Institute for Economics and Peace (IEP) based on...
More »Despite no cap 'indication', govt put knee implant under price limit -Deepak Patel
-The Indian Express The Department of Industrial Policy and Promotion (DIPP) and the NPPA are also documented as having given similar assurances in subsequent meetings. New Delhi: After the National Pharmaceutical Pricing Authority (NPPA) imposed price caps on coronary stents in February last year, the Prime Minister’s Office (PMO) is documented as having “indicated” to representatives of foreign medical device companies in a meeting that the Indian government has no plans to...
More »Why NPCI and Facebook need urgent regulatory attention
-The Economic Times The world’s oldest networked infrastructure, money, is increASIngly dematerialising and fusing with the world’s latest networked infrastructure, the Internet. As the network effects compound, disruptive acceleration hurtle us towards financial utopia, or dystopia. Our fate depends on what we get right and what we get wrong with the law, code and architecture, and the market. The Internet, unfortunately, has completely transformed from how it was first architected. From a...
More »India's rank marginally improves in peace index -Suvojit Bagchi
-The Hindu Bangladesh, U.S. and China slip; Pakistan improves rank Kolkata: India’s rank has marginally improved in “global peacefulness”, at a time when there is an overall decline of global peace owing to escalation of violence in West ASIa and and North Africa. Pakistan too has improved marginally, according to the Global Peace Index (GPI), released by Australia-based Institute for Economics and Peace (IEP). The IEP, world’s leading think tank that develops metrics...
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