-The Indian Express There is a mounting employment crisis in India. The current growth model, built on large private investments, cannot address the problem. Union Minister Ram Vilas Paswan raised many hackles with his demand for affirmative action or job reservations for Scheduled Caste and Scheduled Tribe candidates in the private SECtor. He suggested that “providing quota in private jobs will help cool down anger among SC and STs”, thereby stemming...

-Business Standard After a hotter than usual summer, a better monsoon would boost agriculture, rural demand Reserve Bank of India Governor Raghuram Rajan's hopes of a normal monsoon this year - after two back-to-back droughts - to boost rural demand could be fulfilled. Though the summer is expected to be hotter than usual, global and domestic forecasts point to good rains this year. Officials of both the weather department and private forecasters said the...

-Business Standard FCRA amendment raises questions about ethical governance The little-noticed announcement in the Finance Bill to retrospectively amend a clause in the Foreign Contribution Regulation Act (FCRA) does little to enhance the government's reputation for ethical governance. The amendment, to apply from 2010, will mean that donations to political parties by Indian companies with foreign direct investment within mandated SECtoral limits will no longer be considered "foreign contributions". The FCRA bans...

Amidst the prevailing gloominess over agrarian crisis, a recently released report says that the growth rate of agricultural output in both India and China were the same during 2008-2013. The agricultural gross domestic product (GDP) of both these countries on an average grew at 3.3 percent per annum during that period. The latest available data from the 2016 Global Food Policy Report, however, indicates that the neighbouring countries of Sri Lanka...

-The Hindu Group of joint SECretaries will evolve strategies for greater visible impact. Ahead of its SECond anniversary next month, the NDA Government has constituted a group of joint SECretaries from select ministries to evolve strategies to put more substance and speed into the action plans for flagship programmes such as Digital India, Swachh Bharat, Skill India and Make in India. The final presentations will be made to Prime Minister Narendra Modi. The...