Page 26 - Shiva Rajora

The Great Indian Inequality Debate: Is India's income inequality declining?

With the latest HCES showing a fall in Gini coefficient between FY12 and FY23, has India been able to reduce the income inequality?

Govt mulls increasing frequency of unemployment data to monthly, quarterly

Developed countries typically release jobs data on a monthly basis, which is widely tracked by markets and economists to measure resilience of the economy

Govt may finalise base year revision for CPI, IIP, GDP by end of 2024

The ministry is currently undertaking a market survey, a requirement to update the base year for CPI, as it is used to update the CPI basket

Centre plans to hold training for states on labour code sensitisation

The workshop aims to prepare states for the nationwide rollout of the labour codes, ensuring readiness and preempting legal challenges in the process

CITU opposes govt's move to lower penal charges on defaulting employers

Earlier on Saturday, the ministry of labour and employment issued a notification that significantly lowered the penal charges applicable on employers

Employment in informal sector below pre-Covid level, shows NSO data

According to the factsheet, the number of unincorporated enterprises rose by 2 million between July 2015-June 2016 and October 2022-September 2023 to 65.04 million

India's wholesale inflation accelerates to 15-month high of 2.61% in May

The inflation in food prices stood at 9.82 per cent during the month, while in May 2023, the wholesale inflation had stood at -3.61 per cent

Skill ministry to train 150K women under PMKVY in first 100 days

Along with skilling, MSDE will concentrate on promoting apprenticeship in the country, with around half a million new apprentices being engaged

India to remain fastest growing Asia-Pacific economy, says Moody's

The report also noted that India, Indonesia, and the Philippines were the key growth outperformers in the first half of the year 2024

Retail inflation eases to a 12 month low in May, IIP slows in April

IIP growth moderated during April as manufacturing growth decelerated to 3.9 per cent from 5.76 per cent in March

Karnataka govt further extends exemption to knowledge based industries

According to a note by EY India, the earlier exemption given in May 2019 has come to an end on May 24 this year

After stint as health minister, Mandaviya gets labour, sports ministry

Born in Bhavnagar district of Gujarat to a middle class farmer and youngest among four brothers, Mandaviya completed his primary education from the government school in Hanol (Gujarat)

Implementing labour reforms may prove tricky for new coalition govt

While the four labour codes have already been passed by the Parliament, implementing them could prove tricky for the new coalition government led by prime minister Narendra Modi

Share of conveyance spending witnesses sharpest increase: HCES data

Transportation costs have also gone up and people are on the move for all sorts of reasons

Consumption inequality up in rural areas of 11 states in past decade: HCES

The rise in Gini coefficient was sharpest in Nagaland, followed by Jharkhand, Maharashtra, Rajasthan, Meghalaya and Chhattisgarh

Per capita cereal consumption below 10 kg in rural areas in 2022-23: Survey

The consumption of cereals in rural households declined to 9.61 kg in 2022-23 from 11.23 kg in 2011-12, while in urban households, it declined to 8.05 kg from 9.32 kg over the same period

Tax origin not suitable measure for budgetary devolution to states: Study

Amongst the major states, an increase in the share of tax devolution over this period was observed in Chhattisgarh, Haryana, Madhya Pradesh, Maharashtra, Punjab, Rajasthan, and West Bengal

South, East India accounted for 67% of heatwave days in 2023: NSO

Meanwhile, the states in the North and Western part of the country saw a sharp decline in the number of heatwave days during the year

May services growth at five-month low as domestic demand weakens

HSBC India Services PMI says firms optimistic and hiring up as input costs rise

Passing major reforms may prove difficult for next govt: Rating agencies

Rating agencies, such as Fitch and Moody's, said broad policy continuity may persist