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Centre to release another Rs 35,000 cr compensation to states soon

NEW DELHI: The Centre will soon release another Rs 35,000 crore to states to compensate for the revenue loss on account of GST rollout, an official said. Under the Goods and Services Tax (GST) law, states are guaranteed compensation for revenue loss for 5 years if their revenue does not increase 14 per cent on …


Economic Survey 2020: Around 2.62 cr new jobs created in 2011-18

NEW DELHI: Around 2.62 crore new jobs were created in rural and urban areas between 2011-12 and 2017-18 among regular wage and salaried employees, says the Economic Survey 2019-20, which was laid in Parliament on Friday. 69.03 lakh candidates were trained under the Pradhan Mantri Kaushal Vikas Yojana (PMKVY) as in November 2019, while there …