Abhishek Waghmare And Somesh Jha

Stories by Abhishek Waghmare And Somesh Jha

Truth behind EPFO's payroll data

Truth behind EPFO's payroll data

Rediff.com   21 Sep 2018

Concerned by the continuous downward revision in the monthly net enrolment numbers, the EPFO has begun counting people quitting their previous jobs and joining a new one as an addition to the net payroll. According to experts these people cannot be counted as those who got a new job.

Govt to inject Rs 2350 crore into Central Bank of India

Govt to inject Rs 2350 crore into Central Bank of India

Rediff.com   20 Sep 2018

Capital infusion seen necessary for banks to maintain regulatory norms at the time of paying interest towards AT-1 bonds

India's human development growth slows down, but it's not alone

India's human development growth slows down, but it's not alone

Rediff.com   18 Sep 2018

Among its closest neighbours, India leads in income levels or overall economic empowerment. However, it also leads in terms of income inequality, due to which the inequality-adjusted HDI suffers a bigger fall.

Was Rs 42,200-crore worth dirty money deposited in Jan-Dhan accounts post DeMO?

Was Rs 42,200-crore worth dirty money deposited in Jan-Dhan accounts post DeMO?

Rediff.com   12 Sep 2018

The CBDT has begun the process of matching the deposits in accounts opened under the Pradhan Mantri Jan-Dhan Yojana (PMJDY), or Jan-Dhan accounts, with the profile of the depositors.

Finally, govt admits rupee, crude prices will impact CAD

Finally, govt admits rupee, crude prices will impact CAD

Rediff.com   22 Aug 2018

Research and ratings agencies like Icra and Moody's have said the CAD in 2018-19 would be much higher than 2017-18

'Differences between the two GDP series are minimal'

'Differences between the two GDP series are minimal'

Rediff.com   21 Aug 2018

N R Bhanumurthy, professor of economics at the National Institute of Public Finance and Policy, and the author of the series, presented in a report to the National Statistical Commission, explains to Abhishek Waghmare various aspects of the methodology.

Doubts resurface over govt's jobs data, as EPFO cuts payroll numbers

Doubts resurface over govt's jobs data, as EPFO cuts payroll numbers

Rediff.com   21 Aug 2018

The payroll data has been revised downwards for each of the nine months between September 2017 and May this year

Tamil Nadu could have reduced Kerala crisis impact

Tamil Nadu could have reduced Kerala crisis impact

Rediff.com   18 Aug 2018

Given the intensity of the rain, at least a third of this crisis could have been averted, had Tamil Nadu heeded Kerala's requests.

'We are focusing on fintech solutions and innovations': NSE chief

'We are focusing on fintech solutions and innovations': NSE chief

Rediff.com   16 Aug 2018

On the occasion of the National Stock Exchange's (NSE's) silver jubilee celebration, its MD and CEO Vikram Limaye, bottom, left, spoke to Somesh Jha to discuss the way forward and how the exchange plans to deal with the present set of issues.

The new-age warrior behind the Maratha protests

The new-age warrior behind the Maratha protests

Rediff.com   4 Aug 2018

Pravin Gaikwad, the state coordinator of Maratha Kranti Morcha, has two rare qualities: he has an unparalleled connect with people from his community and, at the same time, underpins his ideology on a strong analytical base.

India doesn't have enough teachers

India doesn't have enough teachers

Rediff.com   2 Aug 2018

India is also short of about a thousand colleges.

Data protection bill allows scribes to collect personal info

Data protection bill allows scribes to collect personal info

Rediff.com   31 Jul 2018

Journalists will be exempted from seeking consent of individuals before collecting and reviewing their personal data to be used in news reports.

China's rising threat to India's exports

China's rising threat to India's exports

Rediff.com   30 Jul 2018

Chinese manufacturers are re-routing their products through the markets of other countries that India has Free Trade Agreements with.

Milk prices have been hiked, but is the crisis really over?

Milk prices have been hiked, but is the crisis really over?

Rediff.com   20 Jul 2018

India usually exports around 100,000 tonnes of skimmed milk powder annually, but the drop in international milk prices has forced it to cut exports

How 'correct' is the MSP formulation?

How 'correct' is the MSP formulation?

Rediff.com   11 Jul 2018

The sample size of 8,100 farmers across 19 states has not changed in the last three decades, and the methodology of the sample survey too remains unchanged

'Unless we get 15% exports growth, 8-9% GDP will be difficult'

'Unless we get 15% exports growth, 8-9% GDP will be difficult'

Rediff.com   6 Jul 2018

After helping the government in policymaking since October 2014, Chief Economic Adviser Arvind Subramanian is returning to academics and will be teaching at Harvard Kennedy School on a visiting position. In an interview to Dilasha Seth and Somesh Jha, he says the ease of doing business agenda needs to move forward and India must try to integrate with the global value chains. Edited excerpts.

If govt has its way your take-home pay may decline

If govt has its way your take-home pay may decline

Rediff.com   21 Jun 2018

While some trade union leaders have welcomed the move, industry has opposed it, fearing an increase in its wage bill

Why small savings investments have risen to Rs 1.55 trillion

Why small savings investments have risen to Rs 1.55 trillion

Rediff.com   20 Jun 2018

Demonetisation is the biggest reason for the rise in preference for small savings.

If EPFO has its way, you will be allowed to withdraw only 60% of PF

If EPFO has its way, you will be allowed to withdraw only 60% of PF

Rediff.com   19 Jun 2018

The objective behind the move is to "retain the membership of PF subscribers and to address the social security needs at the time of unemployment."

Goyal to meet heads of 6 govt banks on Tuesday

Goyal to meet heads of 6 govt banks on Tuesday

Rediff.com   16 Jun 2018

The meeting is expected to chart a road map for cleaning up their balance sheets and boost credit flows, reports Somesh Jha.