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Shock-proofing the economy: Quality jobs the best possible safety net -TN Ninan

-Business Standard Since jobs will remain scarce for the foreseeable future, an unemployment allowance should be the next big social-security initiative, writes T N Ninan Crises in the Indian economy used to be the “normal”. In the 12 years from 1962 to 1974, India fought THRee wars, suffered four droughts that produced famine in places like Bihar, and lived THRough the first oil shock, which saw a quadrupling of crude oil prices. The...

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India used more coal power in 2021 than 2020, which could delay its climate goals: IEA -Rohini Krishnamurthy

-Down to Earth China and India might be some of the countries where the green transition may also be slowed down because Russia would shift their energy exports to them, experts say India used 13 per cent more coal to generate electricity in 2021 than the previous year, given the COVID-19 pandemic, according to a recent analysis from the International Energy Agency (IEA). This figure is going to increase in the future,...

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A host of reasons — not least the cost of medical education — is driving students to foreign universities -Bindu Shajan Perappadan

-The Hindu Thousands of Indian students travel out of the country for a basic medical degree simply because it is more affordable and less competitive “Wuhan is a beautiful place, you know,” says Vinod*, over the phone, as we talk about the plight of Indian medical students forced to return home two years ago after the outbreak of the COVID-19 pandemic. His stammer and long pauses reflect the anxiety that students and...

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Real wage rates of the rural workers hardly increased during the last 6 years

In the absence of income or expenditure-based headcount ratio, the growth in the real wages (i.e., nominal wages adjusted against retail inflation) of the manual workers is considered to be a good proxy to assess the trends in poverty. This is because the manual, unskilled/ semi-skilled labourers exist at the bottom of the pyramid or economic hierarchy, and most of them belong to the social categories Scheduled Castes (SCs) and...

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Jalpaiguri : Farmers on the boil over cold storage

-The Telegraph They also torched the office of a weigh bridge and damaged it, pelted stones and blocked roads, demanding that all should get adequate bonds to store their produce Jalpaiguri: Violence sparked in THRee locations on the outskirts of Jalpaiguri town, on Thursday as hundreds of potato farmers, who crowded in front of cold storages to collect bonds to store their produce, resorted to protests after alleging anomalies in the distribution...

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