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Business leaders seek Rs 1 trillion govt stimulus to revive economy

-PTI Industry leaders met Finance Minister nirmala sitharaman in New Delhi for three hours. Businesses on Thursday asked the government for a stimulus package of over Rs 1 trillion to restart investments and revive the economy. Industry leaders, who met Finance Minister nirmala sitharaman in New Delhi for three hours, said the government will soon take action to boost economic growth. "Th

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33% of India's skilled youth jobless: official survey -Ishan Anand & Anjana Thampi

ificant chunk of those in the workforce remain unemployed Reiterating the government’s commitment to the 'Skill India' initiative in her maiden budget speech, India’s finance minister, nirmala sitharaman claimed that the government is enabling millions to take up industry-relevant skill training, boosting their job prospects. An analysis of the unit-level data from the Periodic Labour Force Survey (PLFS) 2017-18 however suggests that

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Zero Budget Natural Farming: Another Case of 'Raw Wisdom' Over Science? -Kabir Agarwal

ty and reduce input costs, but it remains unclear which scientific studies – if any – these conclusions are derived from. New Delhi: During her budget speech in July, finance minister nirmala sitharaman responded to widespread farmers’ distress by saying that they would be encouraged to adopt a ‘zero budget’ technique that would take India’s agriculture sector ‘back to basics’. Zero-budget natural

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Body blows to Indian education -Debaditya Bhattacharya

-The Telegraph nirmala sitharaman’s budget spells out the colossal failure that the draft NEP is fated to be In her budget speech on July 5, the finance minister, nirmala sitharaman, reiterated the government’s plan of bringing in a new National Education Policy, thereby initiating “major changes in both school and higher education”. Her announcement comes close on the heels

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Rajya Sabha clears changes to Insolvency Code

status of a creditor giving them a say in the resolution in case a housing project goes bust. Replying to the debate on the Insolvency and Bankruptcy Code (Amendment) Bill, 2019, Finance Minister nirmala sitharaman said the changes were in response to events that eroded the legislative intent of the IBC. “The Bill seeks to amend seven sections of the Insolvency and Bankruptcy Code. They are largely to remove ambiguities and to facilitate

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What is zero budget natural farming? -Priscilla Jebaraj

-The Hindu * Will this form of chemical-free agriculture increase farmers’ incomes? Where are the pitfalls? The story so far: Finance Minister nirmala sitharaman thrust zero budget farming into the spotlight in the first Budget speech of the 17th Lok Sabha earlier this month, calling for a “back to the basics” approach. She said, “We need to replicate this innovative model through which in a few States, farmers are alre

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Migrants aren't streaming into cities, and what this means for urban India -Gregory Randolph and Sahil Gandhi

me successful in turning away migrants, we should see that as the first sign of their demise, not their dynamism. “Stop migration into cities.” These were the words of finance minister nirmala sitharaman during last week’s budget speech, even as she — confusingly — called urbanization an “opportunity rather than a challenge.” A call to stop rural-urban migration should alarm, but not surprise us. The FM&

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Underfunding, misleading claims: The story of MGNREGA in New India -Debmalya Nandy

es nor allocating adequate funds for the scheme The Union Budget for 2019-20 ignored issues of social security and employment and did not show any intent to boost rural India. The Budget tabled by nirmala sitharaman on July 5, 2019 was a disappointment for 13 crore rural households dependent on the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). The act continues to fight widespread corruption and administrative negligence 13

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Budget riddle on cash withdrawals: 'Income' tax on 'non-income' -Sambit Saha

has left tax consultants and legal eagles deeply puzzled as they try to wrap their heads around the legalese of a change to the income-tax act. The change, incorporated in the budget presented by nirmala sitharaman and amended afresh on Thursday, mandates banks to deduct a 2 per cent tax deduction at source (TDS) on cash withdrawals above Rs 1 crore a year from multiple bank accounts. But, mystifyingly, the cash withdrawn will not be deemed as &ld

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Recently presented Union Budget does not provide updated data on important heads for FY 2018-19

stry of Finance for not uploading updated and appropriate budgetary data and figures on the website following the 2019-20 Union Budget presentation by the Finance Minister Smt. nirmala sitharaman. The Inclusive Media for Change team has found that the figures related to 2018-19 Revised Estimates (RE) presented during the Interim Budget dated 1st February, 2019 were exactly replicated in the Final Union Budget documents dated

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