Ordinary people ask me these questions in the hope there will be answers.
1. Notwithstanding the undoubted development, does the government believe there is high incidence of poverty in India? What is the proportion of the population that is poor? If the bottom 50% of the people own just 3% of the wealth (OXFAM), will they not be considered poor? Does the government agree with the Global Multidimensional Poverty Index that estimated that 16% of the population of India (₹22.4 crore) is poor? Whatever be the percentage, why does the government not talk about the poor? Why did the word 'poor' occur only twice in the 90-minute Budget speech on February 1, 2023?
Jobs and food
2. Does the government believe there is massive unemployment in India? Is it correct that the 'labour force' in India is about ₹47.5 crore and the 'labour force participation rate' (ie, people working or looking for work) is 48%? Why is the rest of the labour force - nearly ₹25 crore not working or not looking for work? Is it correct that between January 2020 and October 2022, the number of people working was 45,00,000 fewer among men and 96,00,000 fewer among women? Does the government agree with CMIE's estimate that the unemployment rate is 7.5%? Finally, why was the word 'unemployment' not uttered in the entire Budget speech?
Diese Geschichte stammt aus der February 26, 2023-Ausgabe von Financial Express Mumbai.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der February 26, 2023-Ausgabe von Financial Express Mumbai.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Murdoch ally helps Ambani build media empire in India
SOHEE KIM PR SANJAI
Pandya, Dube & Rinku: Can they finish for India at T20 World Cup?
GOING INTO THE 2022 T20 World Cup in Australia Dinesh Karthik was assigned the finisher role and the batting lineup was built accordingly.
Nestle adds sugar to infant milk and cereal, finds report
A NEW REPORT has revealed that Nestle, the world's largest consumer goods and manufacturer of baby formula, is adding sugar to infant milk and cereal products sold in India, and other Asian, and African countries.
India-made Daimler's electric mini truck to hit the road soon
INDIA WILL BE host to German trucking giant Daimler's only electric vehicle plant outside of Europe and Japan when it launches a locally-made electric light cargo truck in FY25.
Samsung eyes ₹10,000 cr from India TV biz this year
SOUTH KOREAN GIANT Samsung is targeting a turnover of ₹10,000 crores for its television business in India this year, driven by growth in sales of its mid to-premium segment models, said Mohandeep Singh, senior VP, consumer electronics business in India.
Microsoft AI Copilot speed boost for coding
WHEN SOFTWARE DEVELOPER Nikolai Avteniev got his hands on a preview version of Microsoft's Copilot coding assistant in 2021, he quickly saw the potential.
US, China debt pose risks for global public finances: IMF
THE WORLD's TWO great economic rivals, China and the US, will drive much of the increase in global public debt over the next five years, with US spending creating trouble for many other countries by keeping interest rates high, officials at the International Monetary Fund said in a report.
Language models in consumer tech
This move is designed to ensure better user experience & privacy
'Data centres' energy use doubles every four years'
Data centres are significant energy consumers, using about 2% of the world's power and emitting carbon dioxide equivalent to the airline industry.
Vi FPO: Foreign players invest big; about ₹5,400 crore raised
GQG, Fidelity buy almost 40% of the anchor investor portion
