Rural unemployment has shot up above 20% in past 30 days & about 400 million workers in the informal economy are at risk of falling deeper into poverty.
The Nielsen report found that the economic slowdown is worse in northern India, which has a higher dependency on the rural segment and has seen a surge in unemployment.
With large parts of the country, including poll-bound states, gripped by a farm crisis, Modi govt’s last budget gives top priority to the rural sector.
The proposed amendment to the Insolvency and Bankruptcy Code aims to reduce timelines and provide for a mechanism that involves minimal interaction with the court. It fails on both counts.
Open to public feedback until 26 November, the revised guidelines, among other changes, give CA firms more flexibility to advertise & promote their services.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
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