-The Times of India Government on Wednesday said that around seven crore people in the country were either unemployed or under-employed. "As per results of the latest survey conducted by the National Sample Survey Organization (NSSO) during 2009-10, the number of unemployed or under-employed persons on usual status basis in the country was 95 lakh and about six crore, respectively," the Union labour and employment minister Mallikarjun Kharge said in the Rajya...
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Decline in Poverty Ratio in Jharkhand: Govt
-Outlook The poverty ratio in Jharkhand declined to 39.1 per cent in 2009-10 from 45.3 per cent five years ago because of economic growth and poverty alleviation programmes, the government said today. "The percentage of people living below poverty line in Jharkhand has declined from 45.3 per cent in 2004-05 to 39.1 per cent in 2009-10. "In terms of number of poor, it has declined from 1.32 crore in 2004-05 to 1.26 crore...
More »Myths of our making-Pratap Bhanu Mehta
-The Indian Express Too many of our economic prescriptions are based on dogma, empirical half-truths It has become fashionable to say, following the conclusions of Michael Spence’s Growth Commission, that there is no single recipe for growth, only some common ingredients. Such a claim brings a due degree of modesty to what we do or do not know about growth. And at the very least, such a claim has the virtue of...
More »FDI in pension: Central govt employees to go on token strike
-The Financial Express A Central employees' union will go on a token strike tomorrow to protest against the Pension Bill and the Centre's decision to allow FDI in pension. The Confederation of Central Employees and Workers said employees throughout the country were agitated over the government's fresh move to introduce the PFRDA Bill in this ongoing Parliament session. "It is surprising that even after findings of the Committee set up by the government...
More »No need for hype but certainly a hope-Jairam Ramesh and Varad Pande
-The Hindu The Direct Benefits Transfer Initiative is the real tool against corruption that will ensure that the welfare state doesn’t degenerate into a farewell state We are grateful to Narendar Pani (Editorial page, “Cashing in on schemes for poor,” November 29, 2012) and Bharat Bhatti and Madhulika Khanna (Editorial page, “Neither effective nor equitable,” December 4, 2012) for starting a useful debate on the United Progressive Alliance government’s Direct Benefits Transfer...
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