-The Hindu The 13.1 per cent rate of unemployment in the 15-24 years age-group globally is more than twice that among the adult population. With one million more young people joining the ranks of the jobless in 2013, the world's youth are facing a disproportionate burden, says the latest report of the International Labour Organisation. The Global Employment Trends report 2014 also records slow progress of late in reducing levels of vulnerable...
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Low growth worries PlanCom on job creation-Sanjeeb Mukherjee
-The Business Standard The issue is likely to figure in its assessment of the 12th Five-Year Plan As it sets about preparing the groundwork for the mid-term appraisal (MTA) of the 12th five-year Plan, the Planning Commission is worried over the impact of slow growth in the first two years of the Plan (2012-13 and 2013-14) on employment and livelihoods. A Planning Commission official said returning to the high-growth trajectory at the...
More »World Bank hails MNREGA job scheme
-PTI The job scheme has established the country as a model of inclusive development worldwide The government's ambitious rural job scheme MNREGA has not only unleashed a revolution in rural India but has also established the country as a model of inclusive development worldwide, says a new World Bank report. Hailing MNREGA, 'The World Development Report 2014 (WDR 2014), Risk and Opportunity -Managing Risk for Development' says the scheme illustrates how good governance and social mobilisation...
More »Food sector reform: Tackling the runaway food inflation train
-The Economic Times Nothing can be more ironic than to have food inflation at 18% (August 2013 over last August) in a country that takes pride in enacting the National Food Security Act (NFSA) and bestowing "the right to food" to 67% of its population by promising 5 kg cereals per capita per month (pcpm) at highly subsidised rates. Given that cereals consumption is 10.7 kg pcpm, people will have to face...
More »Four states to get more MGNREGA funds -Yogima Seth Sharma
-The Economic Times NEW DELHI: The government is giving a fresh push to its flagship rural employment scheme ahead of the general elections, providing additional funds to Uttar Pradesh, Bihar, Jharkhand and Odisha. To begin with, the rural development ministry will pump in 200 crore each year, a senior official told ET, adding that these states have been chosen because half of their population is below poverty line and they have not...
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