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Who foots the huge dole for business? -Latha Jishnu

-Down to Earth Bad loans of public sector banks to business are more than double the food subsidy There are some things you simply do not do in the liberalised economy. You do not put bank loans under the lens-unless these are ballooning out of control. That is, until such loans are likely to jeopardise the entire banking system and send the economy into a tailspin. And there's another thing: you don't...

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Job creation-A counter-intuitive model-Rajiv Lall

-The Business Standard The rural non-farm sector has emerged as India's largest job creator since 2000 and needs to play a pivotal role in our structural transformation Job creation has to be a pressing priority for any new government. But it is worthwhile trying to understand the nature of our employment challenge. The unemployment rate, as understood in the Organisation for Economic Co-operation and Development (OECD) world, is not a very useful indicator...

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Meghali Bora packs a rural economic revolution in her branded food products -Rahul Karmakar

-The Hindustan Times Jorhat (Assam): In 2006, ten years after she started selling coconut ladoos to bail her husband out of a debt trap, Meghali Bora met Kangkaan Pegu in Majuli, a 527 sq km island in river Brahmaputra off Jorhat town 305 km east of Guwahati. The latter suffered from bipolar disorder, a manic-depressive illness marked by suicidal tendencies. Bora taught Kangkaan her conquer-adversity mantra: if your life is in a...

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Schools without children, children without schools -Suvojit Bagchi

-The Hindu Funds from Sarva Shiksha Abhiyan are pumped into ‘schools' in Bastar that don't exist On the day the Chhattisgarh government issued a statement emphasising how the Prime Minister's adviser, T.K.A. Nair, praised the efforts to educate children, 32 students of Koynapada primary school in Darbha block in Bastar district did not attend school. In fact, they could not as the school does not exist. An official confirmed that the disappearance...

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Private hospitals to stop CGHS cashless scheme from March 7 -Sunitha Rao R

-The Times of India BANGALORE: In a blow to government Employees, including those who have retired, the Central Government Health Service has announced withdrawal of cashless medical service in private hospitals empanelled with the CGHS scheme from March 7. Patients will henceforth have to cough up hospital charges and later claim the amount from the government, according to the new rule. The move will affect 50 lakh serving Employees and over 30...

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