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Economy of India likely to grow 6.5%-7% y/y in 2024/25, government report says

NEW DELHI, July 22 (Reuters) – Economy of India will grow at 6.5% to 7% in the current financial year ending March 2025, a finance ministry report said on Monday, projecting growth at below 7.2% forecast by the country’s central bank. The growth projection in the annual Economic Survey, tabled in parliament by Finance Minister Nirmala Sitharaman ahead of the federal budget on Tuesday, is also lower compared to 8.2% growth in the previous year, and the upwardly revised estimates of 6.8% to 7.2% by private economists and rating agencies. The report on the state of economy, authored by Chief

PM Modi wants to politicise government employees on ideological basis: Kharge

New Delhi, Jul 22 (PTI) The Congress on Monday slammed the Centre over its order removing the ban on the participation of government employees in RSS activities, alleging that Prime Minister Narendra Modi wants to politicise employees on an ideological basis. The attack by the Congress, which also said that the move would be a challenge to the sense of neutrality of public servants, came after a government order became public about the ban being lifted and several opposition leaders criticised it. In a post on X, Congress president Mallikarjun Kharge said on this day in 1947, India adopted its

Kanwar Yatra: SC imposes interim stay on order asking eateries to display names of owners

New Delhi, July 22 (PTI) The Supreme Court on Monday imposed an interim stay on directives passed by the Uttar Pradesh and Uttarakhand governments that eateries along the Kanwar Yatra route must display names of owners. A bench of Justices Hrishikesh Roy and S V N Bhatti issued notices to the Uttar Pradesh, Uttarakhand and Madhya Pradesh governments while seeking their replies on the pleas challenging the directive. “We deem it appropriate to pass interim order prohibiting the enforcement of the above directives. In other words, food sellers may be required to display kind of food, but must not be

Economy booms but India’s young hanker for government jobs

tudents attend a class at Super Climax Academy, a coaching institute training students to prepare for competitive examinations to secure government jobs, in Prayagraj, India, June 21, 2024. REUTERS/Sahiba Chawdhary

Prayagaraj, July 21 (Reuters): Sunil Kumar, a 30-year-old, has spent the last 9 years of his life chasing a job in the Indian government. Packed with scores of others in makeshift classrooms under tin roofs with barely enough light and air, Kumar has spent years cramming for a variety of tests, including the prestigious civil services exam needed to get a job as a federal government bureaucrat. He has also tried for a provincial civil services post and two other tests for lower level government positions. He has been unsuccessful in 13 attempts to get a job. A resident of

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