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.
The country's demographic dividend is dissipating, with seriously adverse consequences for young India, asserts Shankar Acharya, former Chief Economic Adviser to the Government of India.
Hosabale blamed the "faulty' economic policies of the earlier governments for the "ills" in the economy.
As the world awaits the end of the global pandemic, rural Bengal might be witnessing a recession unfolding in bits and pieces. With factories and tea gardens closing down, agricultural income falling and storm Aila ravaging a large part of deltaic West Bengal in 2010, migration gradually became a norm.
In his letter to Kumar, the veteran leader has made a series of suggestions including an amendment in Mahatma Gandhi National Rural Employment Gurantee Act, bringing Lord Buddha's begging bowl from Kabul and hoisting tricolor at Vaishali, the land of world's first Republic.
A nexus between the panchayat president and the block development officer has led to the failure of Mahatma Gandhi Rural Employment Guarantee Act scheme in many villages, says A Ganesh Nadar/Rediff.com
While many promises remain unrealised, power reforms and the creation of tens of millions of new bank accounts have helped Modi maintain his popularity
Gandhi said avenues of employment for the average young person in rural India are largely restricted to seeking government jobs but the government is employing less than before in every sector be it defence, police, railways or education.
'Revision of the base year for both CPI and GDP are long overdue.' 'The basic data that went into the 2011-2012 series were mainly from surveys done in 2011 or earlier.' 'We have since seen the emergence of new sectors like platform-based work and online marketing.' 'The employment surveys and the consumption surveys need to reflect these adequately.'
'There was hardly any recruitment after the second wave.' 'Now, there is a huge demand for manpower.'
Sharing his experience of the yatra so far, the Congress leader said he felt sad while talking to farmers, youth, and tribals.
Prices of perishable items could spike in the near term.
More and more women are making their presence felt in jobs related to sciences, technology, and engineering across organisations.
While the brand was accused of 'defacing' the Hindu festival of Diwali by naming its festive collection as Jashn-e-Riwaaz (celebration of tradition), the company insisted that it is not a Diwali collection, which will be soon launched under 'Jhilmil si Diwali' promo.
Rahul Gandhi on Friday took a swipe at Prime Minister Narendra Modi's 'Swachh Bharat Abhiyan', saying he had promised employment to people, but instead handed them broomsticks.
If only the Congress could rebuild on its strengths and develop a modern enough ideology, we could again be moving towards a clearer two-party political landscape, asserts Shekhar Gupta.
In the context of market integrity, the IRAI and RBI should go over the minutes of the LIC and SBI board meetings when the decisions to invest in Adani equity or debt were taken, notes Jaimini Bhagwati, former World Bank treasury professional.
Names of a host of celebrities from the world of cricket and Bollywood, including Amitabh Bachchan, Sachin Tendulkar and Ricky Ponting, have been found in the list of beneficiaries of the Mahatma Gandhi National Rural Employment Guarantee Assurance scheme in Goa.
Finance Minister Nirmala Sitharaman will have to do a tight-rope walk between staying fiscally prudent and general public expectations of lower taxes and a wider social security net, while at the same time firing the engines of the economy before general elections. Sitharaman will on Wednesday present her fifth straight Budget at a time when the economy is slowing due to global headwinds and specific sectors need attention. In the run-up to the Budget presentation, expectations are rife that she may tweak income-tax slabs to provide relief to the middle class and increase spending on the poor through programmes such as the rural job scheme while ramping up financial incentives for local manufacturing.
'Markets are not expensive; they are fairly priced.'
About 4.41 lakh rural habitations are facing drinking water scarcity and the government is closely monitoring the drought situation on a daily basis in 10 states, Agriculture Minister Radha Mohan Singh said on Saturday.
'They have since only tried to improve systems. Also, with regulatory guidance from time to time, we are in a position to assess a situation and react in time.'
Samajwadi Party chief Mulayam Singh Yadav attacked the Congress over the food security ordinance, accusing it of indulging in vote bank politics and said its intentions were not good.
Instructions from the Union rural development ministry to the state officials on the WhatsApp group show that the chat was also used as an off-record avenue for the Union government to pass instructions, which it could not have done through formal channels, keeping the law in mind.
Reminiscent of the past two years, the market has made positive strides ahead of the Union Budget 2023-24 (FY24). The benchmark National Stock Exchange Nifty has gained 1.8 per cent in the last month. Typically, markets tend to gain ahead of the Budget as investors build in optimism.
The National Judicial Commission Bill, 2022, was introduced after the majority of voice votes were in its favour.
A fresh scheme is likely to be released in the upcoming Budget
The centre pays only an insulting Rs 200 per pensioner each month at a tight-fisted 0.04 per cent of GDP, among the lowest in the world. Instead, as illustrated by Jean Drze, one option is for NYAY to provide individual rather than household entitlements to all pensioners of at least Rs 1200 per month.
'80% of the rural and urban population don't have enough purchasing power.'
Could it have been more reformist? Of course, but this is an election year Budget, observes Akash Prakash.
In 2018, Mr Chouhan became chief minister for the fourth time with some support from Mr Scindia. This time, nothing can be said with any certainty.
The construction sector is now India's second-largest employer after agriculture, the trend coinciding with India's high-growth phase and decline in poverty levels
While the rural development ministry claims high success rate in the previous two years under its flagship Swarnajayati Gram Swarozgar Yojana, a total of 3,24,526 eligible self-help groups are still awaiting financial assistance under the programme.
The finance minister has stayed true to her commitment to fiscal consolidation, even though the pace of the decline in the deficit could have been faster, notes A K Bhattacharya.
Responding to a query about corruption in the scheme's implementation, Minister of State for Rural Development Upendra Kushwaha said almost all members know about it and added that steps are being taken for improving the scheme.
Former President A P J Abdul Kalam kindly answered rediff.com's questions for an exclusive interview.
Dipak Brahma, a resident of Dhantola Mandaria, a forest village in Kokrajhar district, had recently returned from Gujarat, where he worked as a labourer. He was jobless and finding it hard to support his family, according to an official of an NGO working against human trafficking.
On Gandhi Jayanti, she also invoked the Father of the Nation, to assail the government which, she claimed, swears by his name but demolishes his ideals through its actions.
The recent improvement in consumer sentiment is almost entirely a rural India story. Much of the corporate sector reposes faith in rural India to fuel its growth, observes Mahesh Vyas.
Of the cash outgo, Rs 64,598 crore is for enhanced expenditure on fertiliser subsidy under Atmanirbhar Bharat Abhiyan 3.0 and Rs 20,466 crore for the capital outlay in defence services.
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