-The Hindu For jobs to grow, consumer demand has to improve consistently. This can only happen with an industrial policy, which India has not had since 1991 There will be no demographic dividend without growth in industrial and service sector jobs. The underlying logic behind a dividend is that as jobs grow, incomes rise and so do savings. Based on higher savings, the investment rate to GDP grows, resulting in faster GDP...
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It’s not just farmers, Marathwada businesses too roiled by drought -Abhiram GhadyalPatil
-Livemint.com Automobile, construction industry, steel manufacturing, pharmaceuticals, breweries, and distilleries key sectors in Marathwada. Latur is major centre for production of pulses, oilseeds Latur, Maharashtra: Nilesh Thakkar, managing director of Maharashtra Biofertilizers India Pvt. Ltd (MBF), has virtually turned the Latur headquarters of India’s top organic fertilizer company into a campaign office. This is the office from where he runs Jalyukt Latur, a public campaign to revive the Manjra River nearby. And Thakkar...
More »Why India needs IMD to be right about a good monsoon -Sachin P Mampatta and Tadit Kundu
-Livemint.com Work-related seasonal migration is higher when rainfall is low and the construction sector, the largest employer of such labour, is witnessing a slowdown Mumbai: The announcement of plentiful rains this year is likely to spell relief for those forced to migrate because of failing monsoons. A slowdown in the construction industry which employs most migrant labourers would likely have strained their ability to deal with another deficient year after rains...
More »How reforms killed Indian manufacturing -Ashok Parthasarathi
-The Hindu As the government pushes for ‘Make in India’, it could begin by unmaking the damage the post-1991 reforms inflicted on domestic industry. This year marks 25 years since the so-called “economic reforms” were launched in July 1991. By now, broad contours of the policies and practices that characterised such reforms are well known, viz. radical deregulation, marketisation and privatisation of the industrial, technological and financial sectors, and an across-the-board...
More »Bullet train caution to govt -Jaideep Hardikar
-The Telegraph Nagpur: Delhi Metro architect E. Sreedharan has suggested that investments in upgrading existing railway systems should take priority over high-speed bullet trains the Centre aims to roll out, his comments coming days before the rail budget. "Eventually, we must go for bullet trains but this is not the right time to invest in that system," Sreedharan, referred to as the "Metro Man" for his role in building the network in...
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