-Financial Express If panchayat allocations are merged with MGNREGA to aid asset creation, it can trigger infrastructure Growth, resulting in extra income and improved conditions. There is a lot of debate around 5% GDP Growth and its impact on the organised sector. Although the government has been taking multiple steps to trigger the economy, there is a need to focus on rural India, in terms of optimising of fund allocations and revision...
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More than half of South Asian youth are not on track to have the education and skills necessary for employment in 2030
-Press release by UNICEF dated 30 October, 2019 KATHMANDU/NEW YORK/MUMBAI, 30 October 2019 – An estimated 54 per cent of South Asian youth leave school without the necessary skills to get a decent job in the next decade, according to data produced by the Global Business Coalition for Education (GBC-Education), the Education Commission, and UNICEF. According to the data, South Asia lags behind several other regions in preparing the next generation of...
More »Economy under stress: Slowdown may spill over to FY21
-Financial Express Economists see no V-shaped recovery after Q2, say any spending cut will hit Growth. The economy may be in the midst of a protracted phase of slowdown and the weakness could stretch into the next fiscal, as green shoots of a recovery in key indicators — from industrial production, exports and corporate sales to non-food credit Growth — are barely visible. Economists, who were earlier optimistic about a rebound in the...
More »Enable MSMEs to grow and create jobs -Ajay Shankar
-The Hindu Business Line Apart from easing labour laws and providing a social security net, a focus on clusters with access to land and capital will help Getting micro, small and medium enterprises (MSMEs), who employ 92 per cent of the workforce, to grow more rapidly should be one of the pillars of any strategy for job creation. This year’s Economic Survey does candidly state that “Our policies must, therefore, focus on...
More »Big Data: Don't ask how much, ask what for -Swapnil Shekhar & Kaamila Patherya
-The Hindu Business Line Big Data by itself will give little insight, especially when it comes to consumption patterns. Indicators that help contextualise the information collected must be used Everyone seems to be talking about Big Data. Organisations across sectors are buying into the premise of data-driven decision-making and Growth. Studies show that the overall adoption of data science and analytics at large Indian firms has been as high as 64 per...
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