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Why young, not ageing, firms can spur job creation -Dhirendra Tripathi

-Livemint.com * Contrary to popular belief, the Economic Survey 2019 says “dwarfs”—over 10-year-old firms with less than 100 employees—which account for a majority of firms in organized manufacturing, hold back job creation and productivity * Mint explains why it is so and the way out How do small and young firms fare in terms of job creation? The Economic Survey says the contribution of small firms to output and employment in the manufacturing sector...

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Over 6.84 lakh vacant posts in central government departments

-PTI * Of the total sanctioned strength of 38.02 lakh, 31.18 lakh were filled as on 1 March 2018, according to a written reply by Minister of State for Personnel Jitendra Singh * Vacancies in central government are caused due to retirement, death, promotion, he said New Delhi: Amid chorus over lack of jobs, the government Wednesday said over 6.84 lakh posts were vacant in different departments under it. Of the total sanctioned strength...

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India's non-agrarian rural economy struggles for sustenance -Richard Mahapatra

-Down to Earth Farmers and farm labourers, who want to quit agriculture, are stuck in the non-remunerative work since other sectors are not generating jobs at the required rate We are fairly sure by now that the upcoming Budget would be the first government instrument towards the prime minister’s ambitious plan of making India a $5 trillion economy by 2024. Currently, India is nearly a $2.8 trillion economy. It is obvious we...

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Bihar's Poorest Prefer Public Health To jobs, Road, Cash Transfers -Arunabh Saha

-IndiaSpend.com Mumbai: As 128 children died of encephalitis in Bihar over 19 days to June 21, 2019, a new study reports that the state’s rural population prefers government investment in public healthcare over roads, jobs and cash transfers. In a survey conducted by the Brookings Institution, an American research group, in an administrative block of Bihar, 3,800 respondents--comprising the poor, less-educated and disadvantaged caste groups--were asked to make a choice: an incremental...

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