-Down to Earth Farmers and farm labourers, who want to quit agriculture, are stuck in the non-remunerative work since other sectors are not generating jobs at the required rate We are fairly sure by now that the upcoming Budget would be the first government instrument towards the prime minister’s ambitious plan of making India a $5 trillion economy by 2024. Currently, India is nearly a $2.8 trillion economy. It is obvious we...
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India's missed growth opportunities -Nikita Kwatra
-Livemint.com * In her new book, Puja Mehra analyses the political and economic policies of a decade that have brought India’s growth rate to its current crisis * She uses her insights as a trained economist as well as journalist to explain the workings of the governments in power In the last couple of years, India has been on a shaky growth path, regularly being called “the world’s fastest-growing economy" and losing grip...
More »Reviving traditional harvesting systems can unlock 6,000 crore litres of water -Mohit M Rao
-The Hindu Bengaluru: In the arid Budnahatti village just beyond Challakere, the four borewells dug to provide villagers with drinking water have started drying up because of consecutive droughts. “There is barely one inch of water yield from here, not enough for everyone in the village. We have requisitioned authorities to drill three more borewells, but we may have to go more than 1,000 feet deep to get some water,” says Eswarappa,...
More »More Women Are Out of Work, Reveals Govt Report -Subodh Varma
-Newsclick.in Women’s work participation has dramatically declined, unEmployment is at an all-time high and they often get half the wage of what men get for same work, shows the latest labour force survey report. The recently released Periodic Labour Force Survey (PLFS) for 2017-18 reveals a striking decline in women’s participation in the workforce. Only about 22% of women of working age (defined as 15 years of age or more) were gainfully...
More »Which one is a better indicator for depicting the problem of joblessness -- Proportion Unemployed or UnEmployment Rate?
In a recent blog post, Columbia University professor Arvind Panagariya mentions that the critics of the present Prime Minister of India failed to underscore ‘Employment rate’ -- flip side of unEmployment rate -- that stood at nearly 94 percent according to the report on Periodic Labour Force Survey 2017-18. A recent article by Dr. Vikas Rawal and Prachi Bansal, however, points out that in order to understand the problem of joblessness...
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