Economic Perspectives | C.P. Chandrasekhar writes: Indians lining up for jobs in Israel exposes India’s unemployment problem
Recruitment drives held over the last week of January, in Lucknow, Uttar Pradesh, and Rohtak, Haryana, for Indian workers to undertake construction and caregiver jobs in Israel have captured global attention. Thousands of job aspirants, who had either registered online or just walked in for interviews, were seen as vying
SUM AND SUBSTANCE | What broke Paytm?
It was a picture of contrasts. At the Davos World Economic Forum in 2023, Paytm CEO and founder Vijay Shekhar Sharma was asked by the business channel CNBC TV18 about the mood in the “new-economy contingent” he was representing. VSS, as he is commonly known, was asked about the frequent
Follow the money: Supreme Court’s electoral bond ruling marks a significant step in India’s anti-corruption journey
In 2017, then Finance Minister, the late Arun Jaitley, rose to announce a new method of electoral funding. Individuals, associations, and corporations wishing to make donations to political parties could approach India’s largest public sector bank, State Bank of India (SBI) and purchase tax-free, time-limited bearer bonds during certain windows of
Is India’s fiscal federalism breaking apart?
Indian federalism is on the verge of a breakdown. Ministers from opposition-ruled States have taken to the streets in New Delhi to protest against discrimination by the Centre. And Prime Minister Narendra Modi, who leads the use of a divisive majoritarian agenda for political gains, has attacked the protesters saying
Centre versus West Bengal: Can Mamata Banerjee stay defiant?
December 26, 2021. This was the date on which West Bengal last received funds from the Centre for the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS). It was within months of the BJP’s defeat at the hands of the Trinamool Congress in the 2021 Assembly election in West Bengal.
The unsung hero of India’s economic rise might surprise you: Post Office
In the early years of independent India, resource mobilisation was crucial for the planned development of the country. The Indian postal system, through strategic messaging and accessible financial services, played a largely overlooked but significant role in mobilising small savings from millions of citizens, contributing to the country’s socioeconomic development.
Tamil Nadu Finance Minister Thangam Thennarasu explains the difference between Ram Rajya and Dravida Rajya
Tamil Nadu Finance Minister Thangam Thennarasu explains the difference between Ram Rajya and Dravida Rajya Source link
SUM AND SUBSTANCE | From sunrise to sunset? India’s IT sector loses shine as jobs dry up
In her interim budget speech this year, Finance Minister Nirmala Sitharaman announced the establishment of a Rs.1 trillion corpus to boost innovation and research in sunrise domains, that is the start-up and tech industries. “For our tech-savvy youth, this will be a golden era,” Sitharaman said. What may have dulled
DEVELOPMENT | Report by Bahutva Karnataka reveals alarming trends in employment and income inequality in India
National Students Union of India members during a protest march against unemployment on September 17, 2020. | Photo Credit: SHIV KUMAR PUSHPAKAR A recent report released by Karnataka-based Bahutva Karnataka, a non-profit coalition of progressive groups, has brought to light concerning trends in the employment landscape and income inequality in