-Business Standard The demonetisation drive has hit job creation, beside adding to the stress on banks New Delhi: Demonetisation is expected to negatively impact the overall economy and job generation, a number of economists told Parliament's standing committee on finance. Reserve Bank governor Urjit Patel was to come but could not; he will do so on January 18. The panel heard four economists — former chief statistician Pronab Sen; Mahesh Vyas, head of...
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Modi government cuts MSP of seven minor forest produce items -Nidhi Sharma
-The Economic Times NEW DELHI: The Modi government has slashed the minimum support price of seven of the 11 products covered under minor forest produce collected by tribals in remote forest areas. The decision comes THRee years after the previous Congress-led UPA government fixed the MSP for these products for the first time. “The decision had to be taken because MSPs had been fixed on the higher side and needed to be rationalised....
More »Pardon, the gender wage gap is showing -G Sampath
-The Hindu ILO finds women form 60% of lowest paid wage labour, but only 15% of highest wage-earners India had among the worst levels of gender wage disparity — men earning more than women in similar jobs — with the gap exceeding 30 per cent, the Global Wage Report 2016-17 released by the International Labour Organisation (ILO) revealed last week. In contrast, Singapore had among the lowest, at 3 per cent. Among major...
More »Time for a policy shift -Bishwanath Goldar & Arup Mitra
-The Hindu The unorganised manufacturing sector should be reoriented towards non-household units to provide efficiency gains. Ever since E.F. Schumacher, a British economist, published in 1973 his book Small is Beautiful, implying that small units are better in terms of performance indicators and labour absorption, several studies have endorsed the same idea and argued in favour of promoting small units. Stretching the argument a little further, it may be emphasised that small...
More »The man who slaked India's thirst -Joydeep Gupta
-TheThirdPole.net Anupam Mishra, who spent THRee decades fighting for rejuvenation of India’s traditional water harvesting systems, died on December 19 If many of India’s ponds, wells, stepwells, springs, check dams and other traditional water harvesting systems are still in working order today, if at least a few of India’s rivers have been revived, much of the credit must go to Anupam Mishra. THRough reportage, analysis and advocacy sustained over THRee decades, this...
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