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Rising farm wages will lift all boats-Neelakshi Mann and Jairam Ramesh

-The Hindu   Investment in a scheme that guarantees rural employment with minimum wages should be seen as complementary and not alternative to development activities A recent paper by the Commission for Agricultural Costs and Prices (CACP) has argued that the "push" factors of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) are not as important as the economic growth "pull" factors, for increasing agricultural wages. The paper has received wide media...

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MGNREGA improves school enrolment, education

A recent statistical study by Indian researchers suggest that the MNREGA program in rural Andhra Pradesh might be having a positive effect on school enrolment and grades by improving the bargaining power of women within their household, as a consequence of earning wages in the rural job security program. The study is based on data from rural households in 5 districts in Andhra Pradesh and comprised of 3006 children, comparing...

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Long-term impact of youth employment crisis could be felt for decades, warns UN report

-The United Nations An estimated 73 million young people will be out of work this year, according to a new United Nations report that says the long-term impact of the youth employment crisis could be felt for decades and calls for creative and wide-ranging policy solutions to address the problem. Global Employment Trends for Youth 2013: A generation at risk attributes that high number to persistent unemployment, a proliferation of temporary jobs...

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The Political Economy of Shadow Finance in West Bengal-Subhanil Chowdhury

-Economic and Political Weekly The Saradha group's collapse has possibly bankrupted lakhs of small investors robbing them of their life svaings, and has rendered thousands of its agents jobless. The scam highlights the failure of the government and its regulatory agencies to reign in the mushrooming chit fund companies in West Bengal. It also brings under the scanner the Trinamool Congress' proximity with the tainted group. In the wake of the...

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Accidents up as DTC fleet driven dangerously -Rumu Banerjee

-The Times of India NEW DELHI: With 9,787 regular and 4,447 contract drivers on its payroll, Delhi Transport Corporation has one of the largest resource pools in the city. Unfortunately, these drivers are calling attention to the corporation for all the wrong reasons. Since 2011, the number of accidents involving DTC buses has steadily gone up with a corresponding increase in fatalities. Complaints of rash driving have been pouring in, prompting frequent...

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