Somesh Jha And Sanjeeb Mukherjee

Stories by Somesh Jha And Sanjeeb Mukherjee

Centre halves onion stock holding limit for retailers

Centre halves onion stock holding limit for retailers

Rediff.com   4 Dec 2019

India exported $102 million worth of dehydrated onions in 2018-19.

NITI Aayog on how India can become $5-trillion economy

NITI Aayog on how India can become $5-trillion economy

Rediff.com   2 Dec 2019

Though the NITI Aayog did not give its estimates for the required GDP growth at constant prices, economists pegged it at 9 per cent, a feat not seen since the GDP series was revised with 2011-12 as the base year.

Only 61% homes used LPG as of Dec 2018

Only 61% homes used LPG as of Dec 2018

Rediff.com   26 Nov 2019

Only 48.3 per cent of the rural households used LPG, while the figures were much higher in urban areas at 86.6 per cent, according to a NSO report.

Govt releases 5 survey reports but holds back study it junked

Govt releases 5 survey reports but holds back study it junked

Rediff.com   25 Nov 2019

The government's decision to release the reports comes two days after over 200 scholars from across the globe issued a statement demanding release of all withheld reports produced by the NSO, including the household consumer expenditure survey that was junked.

Consumer spend falls for the first time in over 40 years

Consumer spend falls for the first time in over 40 years

Rediff.com   22 Nov 2019

Experts said a dip in consumption expenditure indicated an increasing prevalence of poverty in the country.

This Bill will decide how India Inc hires and fires

This Bill will decide how India Inc hires and fires

Rediff.com   21 Nov 2019

Sitharaman said the Bill has proposed giving a legal framework for fixed-term employment through which contract workers serving a fixed-tenure will get equal statutory social security benefits as regular workers in the same unit.

Govt scraps consumer expenditure survey over 'data quality'

Govt scraps consumer expenditure survey over 'data quality'

Rediff.com   16 Nov 2019

The findings of the report showed consumer spending falling for the first time in over four decades in 2017-18. The government has, however, termed it a "draft" report, reports Somesh Jha.

Unspent PM-KISAN fund may be diverted to MGNREGA

Unspent PM-KISAN fund may be diverted to MGNREGA

Rediff.com   13 Nov 2019

Sources said the rural development ministry has sought an additional Rs 20,000 crore for MGNREGA for 2019-20 over and above the budgeted Rs 60,000 crore for 2019-20. Though, all of the PM-KISAN savings may not be transferred to fund MNGREGA's extra needs, sources said a part of this could be transferred.

Why govt wants to classifying jobs based on skills

Why govt wants to classifying jobs based on skills

Rediff.com   13 Nov 2019

In the draft rules, among 681 listed professions, armed security guards, supervisors, surveyors, and carpenters (class I) are proposed to be treated as highly skilled professionals; electricians, tailors and drivers are skilled; cooks and cobblers as semi-skilled and dairy coolies, office peons and sweepers as unskilled.

Mudra loans led to a 28% rise in jobs

Mudra loans led to a 28% rise in jobs

Rediff.com   7 Nov 2019

After taking benefit of the scheme, jobs increased by around 11 mn in establishments that took loans.

Bitter reminder for BJP that assembly polls are fought on local issues

Bitter reminder for BJP that assembly polls are fought on local issues

Rediff.com   25 Oct 2019

Dissatisfaction with the state leadership, along with caste and sectarian factors and economic issues -- particularly those relating to jobs and rural distress cost the BJP.

Why govt fund and monsoon failed to lift rural economy

Why govt fund and monsoon failed to lift rural economy

Rediff.com   22 Oct 2019

Although demonetisation and improper implementation of GST along with falling prices are being blamed for much of the distress in rural India for some time, experts believe those may not be the only reason.

Why it makes sense for farmers to rear birds

Why it makes sense for farmers to rear birds

Rediff.com   21 Oct 2019

A data shows the number of backyard poultry has risen by 46 per cent between 2012 and 2019. The development is extremely positive because it provides an incentive for small and marginal farmers to rear birds.

Pension schemes: Govt owes Rs 9,100 crore, says EPFO

Pension schemes: Govt owes Rs 9,100 crore, says EPFO

Rediff.com   21 Oct 2019

Part of the dues has been pending since 1995-96 - the inception year of the Employees' Pension Scheme administered by the EPFO. The Centre also owes the EPFO more than Rs 1,000 crore towards the minimum pension scheme it had notified in September 2014.

Why India's milk production has grown at over 6% past few years

Why India's milk production has grown at over 6% past few years

Rediff.com   17 Oct 2019

As the number of cross-bred female cattle rise, the entire concept of lean and flush seasons for milk will go away, as these animals give similar quantities in all seasons.

New-look FRDI bill to offer higher deposit insurance

New-look FRDI bill to offer higher deposit insurance

Rediff.com   17 Oct 2019

The government would be ironing out issues related to the controversial 'bail-in' clause in the earlier Bill, explore hiking the deposit insurance cover of customers, and decide whether the resolution framework should apply to public sector banks.

Sitharaman readies relief package for MSMEs, NBFCs

Sitharaman readies relief package for MSMEs, NBFCs

Rediff.com   15 Oct 2019

PSBs have been requested to reach out to MSMEs to provide bill discounting to them against their dues since they suffer the most from shortage of cash.

In a first, BJP meets SJM, others over joining RCEP

In a first, BJP meets SJM, others over joining RCEP

Rediff.com   8 Oct 2019

The BJP's effort comes in the wake of Commerce and Industry Minister Piyush Goyal set to attend the eighth RCEP ministerial meeting in Bangkok from October 10 to 12.

Govt may now cap prices of antibiotics

Govt may now cap prices of antibiotics

Rediff.com   7 Oct 2019

The intention of the government is to cap prices of drugs that are essential and which the public widely uses.

Govt eyes divestment proceeds to tackle fiscal deficit

Govt eyes divestment proceeds to tackle fiscal deficit

Rediff.com   1 Oct 2019

Divestment in BPCL, SCI, Concor, NEEPCO, and THDC would help the Centre keep its fiscal deficit in check in the wake of subdued tax revenues and a Rs 1.45-trillion hit for the exchequer from corporation rate cuts.