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Lowering corporate tax rate is good but not enough -Renu Kohli

-The Telegraph While the corporate tax cuts are a long-term positive, this does not dismiss the case for near-term consumption support The government relented on fiscal discipline to steeply reduce corporate taxes on September 20; the lowest is now 17 per cent for new manufacturing units. The stock market soared, seeing earnings grow after successive downgrades for nearly nine years — about the same time as the investment shortfall that lower taxes intend to reverse. Sentiments hav

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What can be done to address the demand drought in our economy? -Suresh Seshadri

-The Indian Express Why tax sops are not enough? What can policy makers do? The story so far: A worryingly persistent slowdown dragged economic growth in India down to 5% in the fiscal first quarter, its weakest pace in more than six years. And while the recent weeks have seen the possible reasons for the slowdown, as well as the government’s policy measures to ostensibly help revive the economy being put under the spotlight, the missing demand is yet to be addressed in a direct an

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Which one is a better indicator for depicting the problem of joblessness -- Proportion Unemployed or Unemployment Rate?

ticle by Dr. Vikas Rawal and Prachi Bansal, however, points out that in order to understand the problem of joblessness in the country it is better to consider the indicator 'Worker-Population Ratio' (wpr), which is also known as the 'Work Participation Rate' for the age-group 15-59 years (according to usual status) instead of the indicator 'unemployment rate'. It should be noted that the indicator ‘Proportion Unemployed’ (viz. proportio

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Squandering the gender dividend -Sonalde Desai

mportant to note that the drop in work participation by rural women is not sudden. The latest data from the PLFS simply continue a trend that was well in place by 2011-12. Worker to population ratio (wpr) for rural women aged 15 and above had dropped from 48.5% in 2004-5 to 35.2% in 2011-12, and then to 23.7% in 2017-18. In contrast, the wpr for urban women aged 15 and above declined only mildly, changing f

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PMO's refusal to disclose Raghuram Rajan's letter on bad loans is not legal, says CIC

-Scroll.in The PMO has a ‘moral, constitutional and political duty’ to reveal to citizens who are the defaulters and what action has been taken against them, it said. The Central Information Commission has directed the Reserve Bank of India and the Prime Minister’s Office to disclose the list of wilful defaulters as well as a letter on bad loans written by the former RBI Governor Raghuram Rajan to the Centre, PTI reported on Sunday. Central Information Commissioner S

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Jobs growth claims in India: a fact check -R Nagaraj

million.” (p. 2). Absolute employment levels may go up, as the population and labour force are also growing. More realistic measures of employment status are (i) worker to population ratio (wpr), and (ii) unemployment rate (UR). Using the same data source, Figure 1 shows, between 2011-12 and 2015-16 (the latest data), wpr has gone down from 51 to 48, and UR has gone up from 3.8% to 5% (annual repo

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Mihir Shah Committee report recommends a paradigm shift in water management

ents testified that huge delays in techno-economic appraisal by CWC had become a matter of concern • Most large states have developed requisite expertise in the past 2 decades. IIH, Roorkee, CwprS, Pune, IIT Roorkee, IISc, IITs and RECs have expertise which state governments can avail • Appraisal can be a demand-based exercise, a partnership between the central and state governments The Mihir Shah headed panel has recommended that

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As monsoon pauses down south, IMD tells farmers to hold cultivation -Nikita Mehta and Prashant K Nanda

-Livemint.com IMD has advised farmers in interior Maharashtra, Marathwada and Vidarbha not to begin sowing as the soil is heated and the seeds require rainfall New Delhi: With the progress of the monsoon slowing over Karnataka, India Meteorological Department(IMD) has advised farmers in Maharashtra to postpone sowing seeds until the rains reach the state in the next four to five days. “The Konkan region is getting pre-monsoon rains and will soon get monsoon too, but in interi

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Muslim working proportion lowest among communities -Abantika Ghosh

report of National Sample Survey Office (NSSO) on ‘Employment and Unemployment Situation Among Major Religious groups in India’ (July 2011-June 2012), although there is a decrease in the wpr amongst rural persons of Islamic community, there has been an improvement of 1.1% in respect of urban persons of Islamic community as compared to NSS 66th round of similar report,” reads the reply to a question asked by Hyderabad MP Asaduddin Ow

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Is India actually free of polio? -Vidya Krishnan

cent had died (making the total of residual paralysis or death a startling 43.7 per cent. This means that children who had NPAFP are more than twice at risk of dying than those who get infected with wpr. We may be polio-free but we are reporting the world’s largest number of NPAFP. Realistically speaking, we need an urgent policy intervention to address NPAFP and VDPV with the same urgency and political will with which we addressed the wild

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