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Are sons better educated than their fathers in today’s India? -Tadit Kundu

-Livemint.com Intergenerational educational mobility continues to be low in India All of us love stories of the son or daughter of an uneducated daily wage labourer or farmer cracking civil service or Indian Institute of Technology entrance exams. The real question, however, is whether such success stories, constituting inter-generational upward mobility in education, are becoming more common or do they constitute pleasant aberrations? Recent economic research suggests that the latter situation...

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Crop insurance: new dawn for farmers? -Rajalakshmi Nirmal

-The Hindu Business Line The new scheme offers lower premium, more risk cover and hassle-free settlement Crop insurance schemes have not been a hit with Indian farmers in the past. High premia, limited coverage, complicated ways of assessing losses and delayed payment of compensation have kept farmers away from them. Given the high risk of crop damage in India, with significant loss in food grain production in 18 of the last 54 years...

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Is agriculture a business? -Harish Damodaran

-The Indian Express Yes, except that farmers suffer rules other businessmen never encounter Agriculture is said to be India’s largest private-sector enterprise, engaging nearly 119 million farmers (“cultivators”) and another 144 million landless labourers, as per the 2011 Census. It is even considered the most respectable business, going by the oft-quoted slogan “uttam kheti, madhyam vyapar, kanishtha naukri (supreme is farming, mediocre is trade and most lowly is service)”. But the exalted...

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Pace of job growth slows to six-year low -Somesh Jha

-The Hindu July-September quarter usually sees more jobs added New jobs in eight labour-intensive industries fell to a six-year low in the first nine months of 2015 — with just 1.55 lakh new jobs being created compared to over three lakh jobs over the same period in 2013 and 2014, according to Labour Bureau data. Analysts said this was not a healthy sign, especially since the July-September quarter usually sees more jobs being...

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India's e-waste problem

-Business Standard The new rules will hopefully do better By notifying fresh rules to govern the handling of electronic waste or e-waste (the earlier rules issued five years ago were quite inadequate), the Indian government has taken a key step to combat this most lethal form of pollution. Organic and easily recyclable metal, glass and plastic waste need not permanently remain in landfills. But hard-to-recover substances from e-waste like mercury make their...

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