-HuffingtonPost.in What the dissolving of Skill India’s ambitious targets says about India’s tryst with jobless growth. The recent figures released by the Labour Bureau's Quarterly Economic Survey have pointed to a rather dangerous trend in terms of employment for the country. According to the latest government data, job creation for the nine months running up to December 2016 for the eight labour-intensive sectors of the economy was at an abysmally low 2.31...
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The best of times, the worst of times -Mihir Shah
-The Hindu Without government support, farmers pay the price for a bumper crop they labour so hard to produce The ongoing farmers’ agitation has taken on a shockingly violent form. Discussion has revolved around an apparent paradox: why are farmers rioting after a bumper crop? But any student of economics knows that prices fall after bumper harvests, which is good for consumers but terrible for farmers. This is why the government needs...
More »It's DeMo effect, says Singh
-The Telegraph New Delhi: Former Prime Minister Manmohan Singh today directly linked the slowdown in growth to demonetisation, pointed out that private investments had almost dried up and expressed deep concern over a jobs crunch. The most authoritative Opposition voice on the economy was speaking at the Congress Working Committee meeting, five months after describing demonetisation as "organised loot and legalised plunder" and warning that growth would be severely affected. "India's GDP numbers...
More »Where are the jobs? -Himanshu
-Livemint.com The BJP government, which came to power on the promise of creating 20 million jobs per year, has not yet recognized the gravity of the situation The Central Statistical Office (CSO) has released the full-year growth estimates for 2016-17. These had been much awaited given the uncertainty over the impact of demonetization. These were on expected lines, with fourth quarter growth in gross value added (GVA) in 2016-17 declining to 5.6%...
More »The country needs sanitation vigilantes -R Sukumar
-Livemint.com Fines for public urination could fatten local administrations, and actually allow them to create an army of sanitary inspectors—imagine the number of jobs that could be created A country on the move needs a slogan, so may I humbly suggest one: because a man’s got to go when a man’s got to go. That’s the perfect slogan for a country where most men think it’s OK to pee anywhere. I say...
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