-The Hindu Democracies are not sustained by obedient productive units in so-called knowledge-based economies. But that is precisely what the new National Education Policy envisages “Public policy,” according to Douglas Gomery, “is the making of governmental rules and regulations to benefit not one individual but society as a whole. It asks, what is the best way to conceive and evaluate policies aimed at the public as a whole and its various subgroups?”...
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Bridging the skill gap -Santosh Mehrotra
-The Hindu A levy on firms, resources from which are earmarked for vocational training, is what could help the country bridge the skill gap in its workforce. Financing technical vocational education and training (VET) is costlier than general education due to its technical nature. Pre-service training requires the installation of equipment and trained instructors to train youth. This raises the cost of training, and remains a factor preventing pre-service training from expanding...
More »Post-1991, inequality has widened: Ramesh
-The Hindu India's achievements in education were mixed, says the Congress MP. Chennai: The economic reforms that started in 1991 have helped cut poverty significantly even as inequality has widened appreciably, said Jairam Ramesh, Member of Parliament, and author of a book To the Brink and Back: India’s 1991 Story. “Poverty has declined significantly since 1991 while inequality has gone up during the same period. Inequality has become sharper; it has become worse....
More »India ranks 110th on Sustainable Development index
-PTI/ United Nations No country has achieved the SDGs and even top Sweden scores "red" on several goals India has ranked a low 110 out of 149 nations assessed on where they stand with regard to achieving the Sustainable Development Goals, according to a new index which is topped by Sweden and shows all countries face major challenges in achieving these ambitious goals. The Sustainable Development Solutions Network (SDSN) and the Bertelsmann Stiftung...
More »Job growth at a snail’s pace -Santosh Mehrotra
-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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