-TheWire.in We are in a moment when the global economy shows no signs of revival; Russia and Japan are faced with recession, and emerging economies like Brazil and South Africa are in dire straits. There is no silver lining visible as far as domestic industrial growth is concerned. At such a time, all eyes are on Union finance minister Arun Jaitley to see how he plans to sustain economic growth that...
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Opinion: India, Where Have All the Women Gone? -N Chandra Mohan
-IPSNews.net NEW DELHI: Women account for less than half of India’s population but their participation in the workforce is way below that of men. They account for 27 per cent of the workforce. If – and it is a big if – their number were to increase to the same level as men in the workforce, the country’s output of good and services would expand by 27 per cent, argues Christine...
More »5 million jobs lost during high-growth years, says study
-PTI NEW DELHI: As many as five million jobs were lost between 2004-05 and 2009-10 — paradoxically during the time when India's economy grew at a fast clip — an Assocham study said. This has put a question mark on whether economic expansion should be linked to job creation, according to the study. Moreover, it observed that over-emphasis on services and neglect of the manufacturing sector are mainly responsible for this "Jobless Growth"...
More »Smart villages to boost rural economy -Mohammed Iqbal
-The Hindu Employment in villages is largely in agriculture sector, while industrial employment is less than four per cent. The Standing Conference of Public Enterprises (SCOPE) has advocated transformation and development of “smart villages” across the country to improve standard of living in the rural areas and boost the rural economy. Development of rural India holds the key to the nation’s sustainable economic growth, it said. SCOPE Director-General U.D. Choubey told The Hindu...
More »Tribal alienation in an unequal India -Mihir Shah
-The Hindu Thanks to the caste system, India has always been an unequal society. What is even more worrying is that inequality appears to have deepened in the past two decades The Boston Consulting Group’s 15th annual report, “Winning the Growth Game: Global Wealth 2015”, has received extensive coverage in the Indian media. The report comes on top of the Global Wealth Databook 2014 from Credit Suisse, which provides a much more...
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