The finance minister did very well for equity market investors but not so with families, reveals Mahesh Vyas.
'The cost of the lockdown so far is the loss of about 11 million jobs.' 'It is important that a fresh lockdown does not make this worse,' asserts Mahesh Vyas.
While salaried jobs are not lost easily, once lost they are also far more difficult to retrieve. Therefore, their ballooning numbers are a source of worry, notes Mahesh Vyas.
'The BJP's problem is what rabbit can it pull out of the conjurer's hat?'
It is important to increase employment in general. It is even better to increase good quality jobs. Strategically, it is important to move people from farms to factories to improve overall labour productivity. It is important to improve job opportunities for women, for urbanites and for the educated. The Budget does not contain ideas to do any of this, points out Mahesh Vyas.
Even as Chief Minister Narendra Modi on Thursday scored a hat-trick by leading his party to another resounding victory, seven of his ministers, including government spokesperson Jaynarayan Vyas, lost in the polls. Of the seven ministers who have lost, three are Cabinet ministers.
Those who lost jobs in December were women, graduates, post graduates, salaried employees, observes Mahesh Vyas.
Governments seem to be a lot more wary of imposing a draconian lockdown this time. Some lessons seem to have been learned. So, it may be fair to assume that these lockdowns will do less harm. But they will hurt the recovery process, which is still incomplete, warns Mahesh Vyas.
Varun was all but locked in to play Harshad Mehta by Paresh Rawal. But the script for the bio-pic was stuck. They finally had to scrap the idea.
A roundup of the Vijay Hazare Trophy one-day matches played on Wednesday
Meanwhile, Jaan gets evicted.
On June 1 2017, the credit protocol to the Intergovernmental Agreement of December 5 2008 and the GFA for Kudankulam NPP Units 5, 6 were signed.
The count of the unemployed mounted to 38.7 million in December 2020 compared to 27.4 million in November, registering a massive increase of 11.3 million, reveals Mahesh Vyas.
The cut in wages by companies whose operations were not shut by the lockdown was more likely opportunistic than out of business compulsions to survive the lockdown. If this is true, then it is worth wondering what kind of opportunism was this? Was it to make a quick buck or was it to use a crisis to engineer a structural change that was necessary, asks Mahesh Vyas.
'By November 2020, men recovered most of their lost jobs, but women were less fortunate: 49 per cent of the job losses by November were of women.' 'The recovery has benefited all, but it benefited women less than it did men,' notes Mahesh Vyas.
City Of Dreams 2 released recently, and is quite a must watch.
A change in the desire to buy consumer durables is perhaps the most important indicator of an economy changing direction, explains Mahesh Vyas.
A Delhi court on Saturday deferred till June 17, the hearing on the bail pleas of suspended Rajasthan Royal's player Ajit Chandila and five others in the IPL spot-fixing row.
Evidently, households see a brighter future after the Budget, reveals Mahesh Vyas.
An overwhelming proportion of the unemployed declare their nature of occupation as students. In the quarter ended December 2021, 77% of the unemployed who were actively looking for jobs were students. This syncs well with another data, that 77% of the unemployed are between 15 and 24 years of age, reveals Mahesh Vyas.
The Filmfare OTT awards 2021 were held at Mumbai's Taj Lands End hotel, and the big winners of the night were quite expectedly, Scam 1992 and The Family Man 2.
A court in Jodhpur on Friday allowed Gujarat police custody of self-styled godman Asaram for interrogation in connection with a sexual assault case lodged by two Surat-based sisters against him and his son.
These companies provide better quality jobs and so it is particularly reassuring to see these jobs grow faster than the overall growth of jobs in India, says Mahesh Vyas.
For those who may have missed the thriller Chehre in theatres, Joginder Tuteja lists the 10 Best Thriller Web series.
The addition of a million jobs as promised by Tejashwi Yadav would make a big impact. But the electorate needs to raise its expectations, notes Mahesh Vyas.
Keeping the employment rate from slipping is challenging. To merely keep the employment rate unchanged, the economy has to generate additional jobs. It needs to run to stay where it is, points out Mahesh Vyas.
Tamil Nadu, Telangana and West Bengal reported their first COVID-19 variant Omicron cases on Wednesday, four more persons each tested positive in Maharashtra and Kerala.
Eighteen months after the economy was battered by the Covid-induced lockdown, employment has not recovered to its pre-pandemic levels, points out Mahesh Vyas.
The labour participation rate tells us how many of the working age population are willing to be employed. If this proportion keeps falling as it evidently is, it does not bode well for India's growth story. It renders all stories of a revival in the economy as a myth, warns Mahesh Vyas.
Gujarat government's stand on the Godhra carnage has been vindicated by the judgment in the case, state government spokesperson Jaynarayan Vyas has said. "The judgment has established that this was a pre-planned conspiracy, hatched and executed with finesse, so the state government's stand has been vindicated," Vyas told reporters.The Bharatiya Janata Party also welcomed the Gujarat special court's verdict convicting 31 accused in the 2002 Godhra train burning case.
Bihar Chief Minister Nitish Kumar has announced an ex-gratia of four lakh rupees to the kin of those killed in the incident.
Maheshwari, a three-time MLA from Rajsamand and also a former MP, was undergoing treatment at Medanta hospital for the past few days.
'I would evaluate her on her past policies towards American Hindus and her future approach towards the community'
The recovery seen in the increased economic activity till September or October is running out of steam. Labour statistics indicate a substantial slowing down of the economy in November, notes Mahesh Vyas.
British series to hit Indian theatres on May 18.
The number of active COVID-19 cases stood at 53,946, while 34,108 people have recovered and one patient has migrated, the ministry said.
