-The Business Standard Policy must target faster growth in labour-intensive sectors It was reported on Wednesday that a sample of large manufacturing companies saw their workforce grow at an average rate of almost three per cent every year over the past decade. Putting aside technical niceties such as the representativeness of the sample, to the extent that the companies covered are mostly market leaders in their respective sectors, this statistic is very...
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Advice to cut reach of job scheme -Basant Kumar Mohanty
-The Telegraph Officials are set to propose to the Narendra Modi government that the UPA's blockbuster rural job scheme be restricted to select districts as the decision in 2008 to extend it to all districts was not required. The officials of the rural development ministry are expected to tell the new minister that the funds allocated for the implementation of Mahatma Gandhi National Rural Employment Act (MGNREGA) were not adequate for national...
More »World economy to strengthen as job growth remains ‘stubborn’ –UN report
-The United Nations The global economy is expected to strengthen over the next two years, despite a downgrade of growth prospects for some developing countries and transition economies, and "stubbornly slow" job growth, according to the United Nations World Economic Situation and Prospects 2014 mid-year update launched today in New York. "More than five years after the financial crisis, the world continues to struggle with getting the global economic engine back to...
More »India's carbon footprint dilemma-Nitin Sethi
-The Business Standard Lots of assumptions but little to act upon in the Planning Commission report on low carbon growth It will take around $834 billion for the Indian economy to put Indian economy on a low carbon mode taking its emission intensity in 2030 down by 42% as compared to 2007 levels. This is the macro picture drawn by the Low Carbon growth study commissioned by India's Planning Commission. The study is...
More »Minority, like majority -Abusaleh Shariff
-The Indian Express Muslim deprivation is embedded in broader developmental challenges. Whenever the Indian electorate has been told that the country is doing well economically, it has displayed disbelief. This voter scepticism has not spared even the largest of national parties. The relatively successful economic performance of the last decade could not be projected effectively by the UPA. BJP/ NDA strategists were quick to take advantage of this and claim that the...
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