-The Indian Express There is a mounting employment crisis in India. The current growth model, built on large private investments, cannot address the problem. Union Minister Ram Vilas Paswan raised many hackles with his demand for affirmative action or job reservations for Scheduled Caste and Scheduled Tribe candidates in the private sector. He suggested that “providing quota in private jobs will help cool down anger among SC and STs”, thereby stemming...
More »SEARCH RESULT
Total Matching Records found : 4023
Punjab opens its heart - and purse - to farmers -Sanjeeb Mukherjee & Archis Mohan
-Business Standard Instead of addressing systemic problems in agriculture, farm politics in the state is about how much money the government can offer the farmer as a dole The Shiromani Akali Dal (SAD), led by Parkash Singh Badal and son Sukhbir, was in a dilemma a year before the 2012 Assembly elections in Punjab. The Akalis had ruled Punjab since 2007 but no party had ever returned to power for a second...
More »Limited outreach of subsidised crop loan scheme among small & marginal farmers
The budgetary support to interest subvention scheme has increased by almost 14 times between 2006-07 and 2016-17. However, the much-touted subsidised short-term credit scheme provides little help to the small and marginal farmers, apart from tenant farmers. According to the Committee on Medium-term Path on Financial Inclusion, which submitted its report in December 2015, the interest subvention scheme suffers from 3 types of defects: i. Subsidised credit may not be...
More »In fact: There is a drought in many parts of India. Why hasn’t it been noticed? -Harish Damodaran
-The Indian Express Because this time, it’s only rural producers, not urban consumers, who are feeling the heat This time’s drought has been a most unusual one. Even with three consecutive bad crops (kharif 2014, rabi 2015, and kharif 2015) and a fourth not-so-great one (thankfully, there’s been no big damage from the unseasonal rain and hail unlike in March 2015), annual consumer food price inflation is only 5.3 per cent. In the...
More »Pace of job growth slows to six-year low -Somesh Jha
-The Hindu July-September quarter usually sees more jobs added New jobs in eight labour-intensive industries fell to a six-year low in the first nine months of 2015 — with just 1.55 lakh new jobs being created compared to over three lakh jobs over the same period in 2013 and 2014, according to Labour Bureau data. Analysts said this was not a healthy sign, especially since the July-September quarter usually sees more jobs being...
More »
