The Skill India Mission was launched by the Prime Minister Shri Narendra Modi on 15 July, 2015 with much fanfare. However, a new report from the Ministry of Statistics and Programme Implementation (MoSPI) informs us that among persons aged 15 years and above, only 2.4 percent had technical degrees, diplomas or certificates in 2011-12. Based on the 68th round of National Sample Survey (NSS), the report says that the proportion...
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Collateral-free loans offer hope to women -Sidhartha K
-The Times of India NEW DELHI: Until recently, Rajni, who lives in Tilak Nagar in west Delhi, used to work in a boutique. Now, she has decided to have her own setup, for which she has borrowed Rs 50,000 from Punjab National Bank. "I haven't decided whether I will take up a place or do it from home," she said. In Bawana, on the outskirts of Delhi, Kamla has taken a loan from...
More »Why FDI data on India is causing confusion -Subodh Varma
-The Times of India A recent report by a data consultancy owned by the Financial Times of London created a stir by estimating that India is now the most favorite destination for foreign direct investment, beating China and the USA. The fine print indicates that they are talking about "estimated capital expenditures" in greenfield, that is, new ventures. By this estimate, India attracted $31 billion compared to China's $28 billion in...
More »Rethinking conditional maternal entitlements -Vanita Leah Falcao and Jasmeet Khanuja
-Livemint.com There is a need to evaluate whether implementing a cash transfer programme has become the end On 4 September, the ministry of women and child development (MWCD) was issued a notice by the Supreme Court questioning its failure to implement the maternal cash entitlement guaranteed in the National Food Security Act, 2013 (NFSA). Section 4 of the NFSA entitles all pregnant and lactating women to Rs. 6,000, if they are...
More »Are headline agricultural growth numbers misleading? -Ishan Bakshi
-Business Standard Poor rainfall has also depleted water reservoirs levels, which is likely to impact the winter crops All signs point to the growing distress in rural areas. The rainfall deficit currently stands at 15 per cent of its long-term average. If the situation persists, this year's monsoon could end up being the worst in nearly three decades, say experts. Poor rainfall has also depleted water reservoirs levels, which is likely to...
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