On Wednesday, the head of the Lok Janshakti Party (LJP), Chirag Paswan, again pointed his guns at Bihar Prime Minister Nitish Kumar for “not developing the state at the same speed as other states as envisioned by the first Minister Narendra Modi “. “To keep talking about nali-gali and water …
Read More »The government considers allowing companies with up to 300 employees to lay off staff without their consent
The proposal is part of a bill introduced at the Lok Sabha on Saturday. Companies with no fewer than 300 workers will soon be able to hire and fire workers without seeking prior permission from the government, and the Labor Ministry will propose changes to the rules in a bill …
Read More »On PM Modi’s birthday, ‘National Unemployment Day’ trends on social media
New Delhi: On the occasion of Narendra Modi’s 70th birthday, Twitter users took it upon themselves to remind the prime minister of the rising unemployment and the acute economic crisis facing the country. Several people and political parties simultaneously launched a campaign on social media and the day was soon …
Read More »Speaking of economics: why unemployment could become a bigger headache for the government
Written by Udit Misra, edited by Explained Desk | New Delhi | September 13, 2020 7:56:41 am Migrant workers who had left Maharashtra during the lockdown returned to the state when restrictions were eased. (Express photo by Pradip Das) Dear readers, This week began with several economists dating their revised …
Read More »Goldman Sachs to Fitch: Global Rating Agencies Cut India GDP Forecast
Global rating and research houses such as Fitch and Goldman Sachs have cut their estimates of growth for India’s gross domestic product (GDP) for the current fiscal year 2020-21 (FY21). While Fitch now expects the country’s GDP to contract 10.5 percent in fiscal year 21 compared to its previous estimate …
Read More »Rahul Gandhi: Modiji Special – Rahul Gandhi’s Take on Privatization and Unemployment
Congressional Leader Rahul Gandhi has been relentless in his attacks on the Modi government (Archive) New Delhi: Congressional MP Rahul Gandhi continued his relentless attack on the Narendra Modi government on Monday night with a tweet criticizing “unnecessary privatization … (which) is destroying jobs” for the nation’s youth. Gandhi, who …
Read More »The Indian government plans to extend the world’s largest employment program to cities
India is considering extending its flagship village jobs program to city workers made unemployed by closures triggered by the pandemic, a government official said. The program, when approved, can be implemented in smaller cities and will initially cost around 350 billion rupees ($ 4.8 billion), said Sanjay Kumar, deputy secretary …
Read More »Survey says India’s unemployment rate jumps to 27.1%
[ad_1] By Anirban Nag The world’s largest confinement forced 122 million people to lose their jobs in India last month, according to estimates by a leading group of experts from the private sector. Employment plummeted in April after the government imposed a 40-day blockade on a nation of 1.3 billion …
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