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More, better jobs in India, says World Bank report by Kalpana Kochhar

India's economic growth has added over seven million new jobs every year for almost a quarter of a century. Workers have seen their wages - adjusted for prices - rise by nearly 3% a year. Poverty rates among wage workers and the self-employed have fallen. Going forward, with swelling numbers of new entrants - and more women entering the job market , as was the case during east Asia's rapid...

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A Black Ledger by Debarshi Dasgupta

Custodial deaths on the rise, says report Deaths in Police Custody The 10 Worst States Maharashtra - 250 Uttar Pradesh - 174 Gujarat - 134 Andhra Pradesh - 109 West Bengal - 98 Tamil Nadu - 95 Assam - 84 Karnataka - 67 Punjab - 57 Madhya Pradesh - 55 Haryana - 45 *** Tamirul Haq had just stepped out to buy some cigarettes, and probably told his family he’d be back soon. But the 42-year-old from Bengal’s North Dinajpur district never returned home. On...

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Nabard starts infra lending to diversify by Atmadip Ray

The National Bank for Agriculture & Rural Development, or Nabard, has started lending directly to infrastructure projects out of its own resources for the first time in 30 years, in an attempt to diversify its activities and make itself relevant at a time when the dynamics of the rural market are changing.  Essentially a refinance bank till recently, Nabard has created a Rs 1,000-crore special window for lending to build core...

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Govt looks to speed up mega projects by Sidhartha

Facing criticism over project delays, the government has decided to get cracking and set up a dedicated forum to remove bottlenecks such as coal linkages and environmental and defence clearances that hold up projects.  Top government officials told TOI that following the meeting of the Prime Minister's Council on Trade & Industry last month, the department of industrial policy and promotion has been asked to identify projects and remove bottlenecks in...

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Sitting on a land pile, government plans policy for sale, lease by Vikas Dhoot

The government, the largest owner of landed property in the country, is preparing a comprehensive land sale policy to raise revenues and check corruption in government-owned property deals. The finance ministry will shortly move a cabinet note for bringing in a new uniform policy on 'land alienation' by government agencies, with an eye on removing discretionary powers of individual ministers and bureaucrats, said a government official. In big cities, large tracts...

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