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Where are the jobs? -Devinder Sharma

-DNA It's a misconception that high economic growth translates into employment A recent report prepared by the consultancy firm PricewaterhouseCoopers for the Confederation of Indian Industry (CII) harps on the usual premise of boosting economic growth as the basis for job creation. Accordingly, it will still take 20 years to remove unemployment even if India grows at an annual growth rate of 9 per cent. This is exactly what we were...

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No more subsidised kerosene through PDS -Puja Mehra

-The Hindu Only un-electrified households will be entitled to subsidised fuel New Delhi: Attacking the subsidy regime, Union Finance Minister Arun Jaitley has scrapped the supply of subsidised kerosene through the Public Distribution System (PDS). The Centre plans to write to States asking them to provide subsidised kerosene only to un-electrified households. States which have achieved near 100 per cent electrification will be incentivised to become kerosene-free, a Finance Ministry source told...

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Budgetary cuts: MGNREGA may be the worst hit

-FirstPost.com The MGNREGA rural job programme and other social welfare schemess will take a significant hit due to the 15 percent budget cut that the ministry of finance is believed to have proposed recently, social activists said Saturday. "You (the government) cut fund allocations from social and development programmes and then talk of development. That is so wrong. Such notion is misplaced and insulting," said Jayati Ghosh, a professor of economics at...

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Activists and concerned citizens oppose budget cuts in social sector

-Press Release from Centre for Budget Analysis (CBGA) and Jan Awaaz New Delhi, 29 November 2014: There have been a number of media reports recently around possible cuts in Union Budget allocations for the current fiscal 2014-15 in case of social sector programmes, i.e. reductions in allocations in the Revised Estimates (RE) for 2014-15 as compared to the Budget Estimates (BE) that were made in July this year. This issue deserves...

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Revived traditional irrigation brings joy to Assam farmers

-IANS Guwahati: The gurgling water flowing fast through a traditional canal system that has been revived in water-scarce parts of Assam has brought cheer to farmers who now look forward to a bumper harvest. After about 20 years, 42-year-old Rati Ranjan Mondal expects at least 450 mounds (about 18,000 kg) of rice from his 30 bighas (about 10 acres) of paddy field in this harvesting season, compared to about only 200 mounds...

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