Caught in the middle of a maelstrom of controversies, the Planning Commission has been accused of being disconnected from ground realities. Its 12th Plan hopes to fix that. A short while ago, the Congress general secretary and scion of the Nehru-Gandhi dynasty, Rahul Gandhi, remarked that members of the Planning Commission are not in touch with the ground realities in India. He could have been somewhat influenced by his father, former...
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Hindi domain name to bridge digital divide by Surabhi Agarwal
India is preparing to launch the dot-Bharat domain name in Hindi in May with the aim of bridging the digital divide in the country India is preparing to launch the dot-Bharat domain name in Hindi in May with the aim of bridging the digital divide in the country. The move will enable organizations and individuals to register their website addresses in Hindi—and later more local languages—making them more accessible to a...
More »New manufacturing policy targets 100 mn jobs in 10 years
-ENS Economic Bureau The government today approved a national policy for manufacturing that aims to increase the sector’s share in the economy to 22 per cent from 16 per cent and create 100 million jobs over 10 years. The policy will ensure this by facilitating national manufacturing investment zones, which will offer faster clearances. “It hopes to... give comfort to investors through a single-window clearance mechanism,” Commerce and Industry Minister Anand Sharma...
More »Shortages in a labour-surplus economy by N Chandra Mohan
Although India is a labour-surplus economy – with an unlimited number of workers willing to work at a subsistence wage – a paradoxical feature of the labour market is the rising incidence of scarcity or shortages amid a situation of potential plenty. No doubt, this pertains to skilled labour. But when 15 per cent of Indian trucks are idle owing to a shortage of drivers or India Inc is worried...
More »Extend rural job scheme to industrial units: FICCI
-The Hindu Business Line Labour shortage, wage bill, loss of orders hit industry, says survey Labour shortage, wage increases and loss of confirmed orders are hitting industry hard, says a survey by Federation of Indian Chambers of Commerce of India (FICCI). If this were not enough, the UPA Government's flagship rural job scheme, MGNREGA, is adding to industry's labour woes by luring away casual workers, it adds. The survey, which found the impact of...
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