economics
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5 Things I Learnt About Inflation
On 12th February, the government announced a new consumer price inflation (CPI) series. The earlier CPI used 2012 as the base year; the new one uses 2024. This was much overdue. Consumption patterns have changed dramatically since 2012. The old series still tracked stuff like VCRs and cassettes, which are pretty much extinct. Digital expenditure,… Continue reading
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India’s New Labour Codes – 2: Wage & Benefit Uniformity
When “wages” finally mean wages — and everyone gets counted Last week, we discussed how the simplification of labour laws benefits employers. But simplification is not a one-sided gift. Employees, too, stand to gain — and in some cases, quite substantially. Overlapping definitions and rules not only increased compliance costs, but employees often did not… Continue reading
