The services sector employs 188 million people but remains highly informal, trapping most workers in low-wage jobs without social protection.
''Now the roads in Bihar are as good as any other Indian state. The power sector has improved.' 'Connectivity, law and order, gender justice...' 'Bihar now stands for all these things that were totally absent when it was under jungle raj.'
The NSO previously tried to collect household income data in its ninth (1955), 15th (1959), 19th (1964), and 24th (1969) rounds (July 1969-June 1970), but these efforts were not completed, partly due to non-responsiveness by respondents.
The RBI advisory follows a labour ministry request earlier this year seeking the central bank's expertise to identify gaps in EPFO's investment strategy and fund management practices, including accounting, risk management, and internal governance.
'These changes are expected to eliminate many data-entry problems that make the return filing process cumbersome in the current system.'
The GenZ violence that engulfed Nepal is not only against nepo-babies -- its anger is broader and riddled with contradictions, making it difficult for interim PM Sushila Karki, points out Aditi Phadnis.
Labour markets showed positive momentum in August as the unemployment rate fell for the second consecutive month to a four-month low of 5.1 per cent from 5.2 per cent in July. It was on account of the start of the sowing season.
The numbers tell us the BJP's acceptability in Maharashtra is growing -- at the expense of the Shiv Sena, no matter what the faction, points out Aditi Phadnis.
Women are increasingly using gig work as a pathway to economic independence which has no entry barrier, especially as an alternative to traditional jobs.
The fact that Gor has President Trump's ear makes him an extremely valuable commodity for India -- he represents both a challenge and an opportunity, points out Aditi Phadnis.
By ensuring Myanmar remains dependent on Chinese economic and military assistance, Beijing indirectly exerts pressure on India's North Eastern states, making New Delhi's regional security strategy even more complex.
'We have created massive infrastructure in the past six years.'
Nitin Gadkari said AI will be used to detect landslides, waterlogging and accident-prone spots on highways, while highlighting logistics cost cuts and road safety initiatives
'These efforts by Beijing can be weaponised one day with economic, security and political implications for India.'
'To encourage the habit of saving, a portion of the incentive will be kept in a savings instrument of deposit account for a fixed period and can be withdrawn by the employee at a later date.'
'It is good for us if the JMM contests. That will divide the Opposition and give us the upper hand.'
Going by political tradition, another formation will likely come to power in Karnataka in the next assembly election, due 2028. And if that happens, Mr Shivakumar will have to sit it out till 2033, points out Aditi Phadnis.
The rise was more pronounced in urban areas than in the rural areas.
A recent World Bank report placing India among the most equal countries globally may present a limited view of inequality, with economists suggesting that broader data sets could tell a different story. According to the report, India's Gini index (or coefficient/ratio), a key measure of inequality, stood at 25.5 in 2022-23, placing the country fourth globally in terms of equality, behind only the Slovak Republic, Slovenia, and Belarus.
India's consumer price index (CPI)-based retail inflation rate is likely to have cooled further in June, thus remaining below the 4 per cent target of the Reserve Bank of India (RBI) for a fifth consecutive month, giving the central bank wiggle room to focus on growth. Economists reckon that the decline is on account of easing prices in various categories of goods, especially food items, and a favourable base effect.
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