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That Growth Tangle

India's growth story in a crisis-hit world has been globally applauded. Still, the prime minister did well not to use his Independence Day address as a mere occasion for back-patting. This isn't yet "new India" where growth's gains percolate to every citizen. Not only must structural nuts and bolts be fixed before we get there, the economic blueprint itself needs a sharper reformist orientation. To its credit, the UPA has...

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Govt, UNDP aim to make job scheme effective by Ruhi Tewari

The government is collaborating with the United Nations Development Programme (UNDP) to ensure that India’s flagship welfare programme leads to a tangible improvement in the human development index among the scheme’s beneficiaries. UNDP and the Union government have launched a pilot project aimed at making the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) more efficient and effective by coordinating it with other development programmes. “The idea is to leverage this massive...

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Global youth unemployment rate at all-time high, UN labour agency reports

The global youth unemployment rate is at a record high and is expected to climb even higher as the year progresses, the United Nations International Labour Organization (ILO) announced today. According to a new report, of the world’s 620 million economically active youth between the ages of 15 and 24, 81 million were out of work at the end of 2009, the highest number ever. The youth unemployment rate climbed from 11.9...

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Pre-requisites for sustainable food security by MS Swaminathan

The goal of food for all can be achieved only through greater and integrated attention to production, procurement, preservation and public distribution. The President, in her address to Parliament on June 4, 2009, announced: “My Government proposes to enact a new law — the National Food Security Act — that will provide a statutory basis for a framework which assures food security for all. Every family below the poverty line in...

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UN calls for urgent action to tackle rising youth unemployment

The United Nations labour agency is calling for urgent action to tackle the crisis of youth unemployment, which has increased significantly in the wake of the global economic slowdown and has repercussions for the economy as well as social cohesion. Young people – those aged 15 to 24 – account for over 22 per cent of the increase in the number of unemployed since the beginning of 2007 and is...

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