-Scroll.in JNU professor Himanshu says the economic slowdown is not the result of a one-off event like demonetisation, the slump began almost two years ago. The economy is in a trough. The first quarter of 2017-2018 saw the growth of gross domestic product (the total value of all goods and services produced in a country in a year) drop to 5.7% from 7.9% in the corresponding period last year – the...

-TheWire.in There a growing chasm between corporate India’s hiring strategy and the aspirations of India’s young workers. The new skill development minister, Dharmendra Pradhan, has a strong track record in digital schemes to deliver subsidised gas to needy households. But he is in for a challenge in the vocational training sector, less amenable to scale economies, woefully dependent on private industry and saddled with the burden of expectations set, first by the...

-The Indian Express Activists said that this goes against the spirit of the demand-driven scheme, which has seen a spurt in demand due to rural distress triggered by droughts, floods, and post-demonetisation reverse migration. New Delhi: CONSTANT under-funding of MGNREGA, the rural employment guarantee scheme, is leading to low employment generation on the ground, with only 46 days of work being provided per employed household on an average over the last five...

-The Telegraph New Delhi: The demand for work under the rural job scheme has risen this financial year, with economists and social activists attributing it to the economic slowdown and the spectre of a drought in south India. The Mahatma Gandhi National Rural Employment Guarantee scheme has already generated 119 crore persondays in the first five months of the financial year, data on the rural development ministry's website show. This is 55...

-The Hindu Business Line The possible gain arising out of tax compliance has come at too high a human cost ‘There are three kinds of lies: lies, damned lies, and statistics.’ – Benjamin Disraeli After the RBI’s latest revelations — of 99 per cent of the extinguished currency having returned to the banks — media pundits and economists have wasted no time in saying that efforts to obliterate black money have failed. However,...