An International Labour Organisation report said there was 14% drop in global working hours during second quarter of 2020, equivalent to loss of 400 million full-time jobs.
For two decades, I had maintained that unlike the developed West, India should not be overly concerned about inequalities because our economy was in the growth phase.
The Congress leader called out the govt's hypocrisy, saying it was promising economic packages and employment, while in reality, factories were being shut.
Developing countries are expected to be hit harder in the economic downturn. But PM Modi’s steady and resilient leadership will surely guide India to calmer waters.
The note ban affected the demand, while GST raised production costs, forcing small industry owners to fire both contracted labourers and skilled artisans.
Research paper, however, finds lowest indebtedness level among Muslims at 12.3% & highest among Hindus at 14.9%. Overall national financial inclusion level at 87.2%, indebtedness at 14.7%.
Fresh details of operation conducted by IAF, Army have come out in gazette notification giving citations of those who were awarded Vir Chakra for their bravery.
On 21 Oct, a buzz went up that the govt had released full list of gallantry award recipients along with Op Sindoor citations. I put an AI caddy on the job. It took me into a never-ending rabbit hole.
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