“At that time the unemployment rate was barely 2.8%, but at present Haryana ranks first in the country in terms of unemployment. The Center for Monitoring Indian Economy (CMIE) data reveals that Haryana has consistently topped unemployment since 2019. According to the data for December, the youth are facing an unemployment rate of 32.5% today, which means that every third Haryanvi is unemployed.” … [Read more...] about Hooda opposes changes in domicile regulations by Haryana govt.
Indian economy news
Meanwhile, figures from the Indian Ports Association showed that ports across the country suffered owing to the pandemic and its impact on the global economy. The average fall across the major ports in the country is nearly nine per cent for the period. Mumbai suffered a fall of more than 17 per cent and the Momugao traffic fell more than 23 per cent and JNPT traffic was down by over 12 per cent. Haldia Dock Complex, Paradip, Visakhapatnam, and New Mangaluru suffered lesser falls in business. … [Read more...] about Kochi port handles record cargo in December
Indian IT professionals, most of whom are highly skilled and come to the US mainly on the H-1B work visas, are the worst sufferers of the current immigration system which imposes a seven per cent per country quota on allotment of the coveted Green Card or permanent legal residency. … [Read more...] about Biden sends comprehensive immigration reform bill to Congress
''This GST regime will simply not work. It will impose huge load on MSMEs and cripple our economic system. The biggest supporters of GST were large businesses. There is a reason for it.GST.. as it is currently designed to help them and not MSMEs,'' Gandhi said. … [Read more...] about Rahul assures revisiting GST when Cong is voted to power at Centre