Dwindling wage growth is emerging as a bigger headache despite economic recovery gains as it leads to tepid demand and results in under-utilisation of capacity, further widening the output gap, India Ratings said in a note on Thursday. According to the report, households accounting for 44-45 per cent of the GVA have witnessed a decline … Read more
Goa Chief Minister Pramod Sawant on Wednesday presented a Rs 24,467.40 crore Budget with no additional taxes while putting stress on plugging revenue leakages. The Budget was presented in English and Konkani by the chief minister who was sworn in on Monday after the BJP under his leadership retained power in the Assembly elections. His … Read more
Such a thing has not happened in recorded history. How did that happen? Everyone is supposed to blame it on this collective fever called Covid-19. But what everyone suffered was not what god intended, as the finance minister stated, but what her government inflicted — officially called ‘lockdown’. Source link