Somesh Jha And Sanjeeb Mukherjee

Stories by Somesh Jha And Sanjeeb Mukherjee

Govt says RBI did not consult it over important decisions

Govt says RBI did not consult it over important decisions

Rediff.com   30 Oct 2018

'The PCA framework was revised and tightened in April 2017, but there was no discussion in any board meeting. The government does not know the rationale behind revising the framework and how the RBI arrived at it. Similarly, there was no discussion in the board meeting on the revised NPA framework,' said an official.

Why rise in MSP may be misleading

Why rise in MSP may be misleading

Rediff.com   17 Oct 2018

The minimum support price for the rabi season will not radically alter the falling trajectory of farm incomes

How PSBs plan to groom their leaders

How PSBs plan to groom their leaders

Rediff.com   17 Oct 2018

The training programme will contain thought leadership courses, group exercises, simulations, including role plays and situation analysis and personal explorations workshops

India's unions are upset with the Modi Sarkar

India's unions are upset with the Modi Sarkar

Rediff.com   9 Oct 2018

The unions term the introduction of fixed-term employment as a 'modern labour slavery system' introduced through the 'back door'.

Southwest monsoon withdraws, leaves 9% rain deficit

Southwest monsoon withdraws, leaves 9% rain deficit

Rediff.com   30 Sep 2018

Twelve of the 36 meteorological subdivisions recorded deficient rainfall, while the rest witnessed normal to excess rain. In total, 38 per cent of the 662 districts received below-normal rain.

All you want to know about Atal Bimit Vyakti Kalyan Yojana

All you want to know about Atal Bimit Vyakti Kalyan Yojana

Rediff.com   28 Sep 2018

The Ministry of Labour and Employment on Wednesday announced a scheme to financially support those who lost their jobs and were covered under the Employees' State Insurance Act, 1948. Somesh Jha explains the key features.

Linking Aadhaar to PF account must for those earning below Rs 15,000/month

Linking Aadhaar to PF account must for those earning below Rs 15,000/month

Rediff.com   28 Sep 2018

Employees joining companies after August and availing of the government benefits under the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY) will also have to link their PF accounts with Aadhaar numbers.

Rains to hit paddy yield in north India

Rains to hit paddy yield in north India

Rediff.com   25 Sep 2018

In Central India, the standing soybean and pulses crops have also been hit but the loss isn't massive as the showers were followed by relatively bright sunshine that helped absorb soil moisture

India will continue to be world's No 1 sugar producer

India will continue to be world's No 1 sugar producer

Rediff.com   24 Sep 2018

'India is there to stay as it has always been a consumer.' 'Its consumption has been huge, mainly due to demographics.'

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

In spite of abundant agri products why are farmers unhappy?

In spite of abundant agri products why are farmers unhappy?

Rediff.com   19 Sep 2018

The irony of this scheme to benefit farmers is that it could add to the problems for the government because the mechanism to procure and store crops like pulses, coarse cereals and oilseeds barely exists.

Withdrawal of 2018 southwest monsoon delayed

Withdrawal of 2018 southwest monsoon delayed

Rediff.com   18 Sep 2018

A likely western disturbance over north India during the weekend might cause heavy to very heavy showers in a few places, including New Delhi.

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.

Soaring fuel prices to make food, transport costlier

Soaring fuel prices to make food, transport costlier

Rediff.com   9 Sep 2018

With fuel being the main input cost for the transport sector, rise in cost of operations is a given. The sector is unsure on the extent of being able to pass this on through rentals or to absorb it with higher volumes.

States given two options to ensure MSP for farmers

States given two options to ensure MSP for farmers

Rediff.com   6 Sep 2018

The NITI Aayog, in a concept note floated a few months back, had suggested three models of procurement but the Centre, at least for the time being, has decided to rely on existing PSS schemes along with giving states the option of choosing Bhawantar Bhugtan for oilseeds.

Southwest monsoon has been fairly normal this year: IMD

Southwest monsoon has been fairly normal this year: IMD

Rediff.com   5 Sep 2018

Sowing had started on a sluggish note in several parts of the country because of delay in the onset of the monsoon but has picked up pace subsequently as the rains progressed and performed appreciably well in August.

Modi govt to launch 'Sabki Yojana, Sabka Vikas' project in 2.5 lakh gram panchayats

Modi govt to launch 'Sabki Yojana, Sabka Vikas' project in 2.5 lakh gram panchayats

Rediff.com   29 Aug 2018

The mega campaign, to start on Mahatma Gandhi's birth anniversary, will be conducted just before the elections in three major Bharatiya Janata Party-ruled states and also before the 2019 general elections.

How India's rural landscape is changing

How India's rural landscape is changing

Rediff.com   23 Aug 2018

This survey also shows how things have moved forward since the last large-scale sample survey conducted by NSSO in 2012-13

Kerala flood hits spice market; shortage in supply pushes up prices

Kerala flood hits spice market; shortage in supply pushes up prices

Rediff.com   23 Aug 2018

At Delhi's markets, cardamom, pepper selling at double their recent rates