Data recap: Jobs market, government debt, GST claims, and more

livemint.com:

₹6.55 trillion in the second half of the current financial year, sticking to its budgeted borrowing plans. The amount is 42.45% of its budgeted gross market borrowing of ₹15.43 trillion for the full year, which will be done through dated securities, including ₹20,000 crore through sovereign green bonds. The government will also issue 50-year securities for the first time, in response to a market demand for longer-duration securities.

The Covid-19 pandemic and the subsequent lockdown forced workers to rely on agriculture or self-employment for survival. The share of self-employed workers among men increased from 50% in April-June 2019 to 58.2% in April-June 2020 but began falling after that, according to the latest State of Working India (SWI) report, released last week by the Centre for Sustainable Employment at Azim Premji University. However, for women, it remained elevated at 61% until April-June 2022, compared to 50% three years ago.

₹1.5 trillion: That’s the cumulative amount the Directorate General of GST Intelligence is expected to issue as tax demands to companies in the online gaming sector for alleged underpayment of taxes over several years, Mint reported. Recently, Mumbai-based Sporta Technologies, which runs the popular fantasy gaming platform Dream11, received a tax notice of ₹55,000 crore, which the company has challenged in court. Several other companies are likely to receive similar notices.