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Wednesday, December 3, 2025
TopicFormal and informal sector

Topic: Formal and informal sector

Pick-up in quarterly sales reflect an upswing in Indian economy as GST regime stabilises

There is finally evidence of formalisation of the economy as the GST regime stabilises & has a big positive effect on the business cycle.

Does the data show India is creating jobs or not?

The pessimist will argue that demonetisation and GST have caused waves of layoffs in the informal sector, but there are arguments by the optimistic, that complex structure of tax has created jobs in formal sector. 

On Camera

Making doctors prove their disability all over again isn’t how you curb fake certificates

A doctor affected by childhood polio, who now serves as a respected faculty member and walks with a visible caliper, was instructed to report to the neurology OPD for ‘re-evaluation’.

India’s Insolvency & Bankruptcy Code is struggling to deliver. It’ll take a decade to clear backlog

The Centre is considering an increase in the National Company Law Tribunal's bench capacity, while the Standing Committee of Finance suggests fast-track courts. 

India to commission new squadron of submarine-hunting Romeo choppers in Goa later this month

The helicopters produced by Lockheed Martin are known as ‘submarine hunters’. India ordered 24 of these aircraft in 2020 to replace the Sea King helicopters. 15 have been delivered till date.

Gaali cricket: Bavuma stands tall, India’s Test ego cut to size

The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.