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30% dalits in UP 'tech literate'-Amita Verma

-The Asian Age A silent revolution is taking place in the backwaters of Uttar Pradesh as more and more dalits are turning computer savvy. UP has a four-crore dalit population and nearly 30 per cent of this is already computer literate. According to the findings of a survey on computer literacy in the state, all computer-savvy dalits may not be owners of a desktop, laptop or tablet, but they know how to...

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Long-term impact of youth employment crisis could be felt for decades, warns UN report

-The United Nations An estimated 73 million young people will be out of work this year, according to a new United Nations report that says the long-term impact of the youth employment crisis could be felt for decades and calls for creative and wide-ranging policy solutions to address the problem. Global Employment Trends for Youth 2013: A generation at risk attributes that high number to persistent unemployment, a proliferation of temporary jobs...

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From Rags to Penury-Ranjit Devraj

-IPS News India's planners worry about ‘jobless growth', but perhaps nothing illustrates this phenomenon better than a policy of handing over the collection and disposal of the capital's refuse to large private corporations, leaving close to 50,000 ragpickers unemployed. For decades ragpickers provided a service to this city, scavenging waste for recyclable plastic, aluminium, glass and other materials, and earning a livelihood by selling their pickings to contractors with equipment to process...

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Rules against chit funds stuck in Delhi-Amit Gupta

-The Telegraph Ranchi: Sluggish economy and soaring personal aspirations are teaming up to create fertile ground for quick-rich chit fund schemes and non-banking finance companies such as the now-infamous Saradha to mushroom, but rules to give Jharkhand investors the much-needed safety net are hanging fire since over a year. Jharkhand Assembly had early last year forwarded rules framed by the state's institutional finance department for the President's consideration under The Chit Funds...

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The Mamata Banerjee story is over...-Aditi Phadnis

-The Business Standard A trail of unfulfilled promises follow her in rural and urban Bengal The furious letter-writing since 2010 about the chit fund industry in West Bengal suggests that everyone knew the industry was going to implode. Bengal has one of the highest rates in small savings, Trinamool Congress (TMC) leader Somen Mitra wrote to the prime minister in 2011. The state buys the highest number of new life insurance policies, and...

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