-TheWire.in There a growing chasm between corporate India’s hiring strategy and the aspirations of India’s young workers. The new skill development minister, Dharmendra Pradhan, has a strong track record in digital schemes to deliver subsidised gas to needy households. But he is in for a challenge in the vocational training sector, less amenable to scale economies, woefully dependent on private industry and saddled with the burden of expectations set, first by the...
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Centre's emphasis on oilseed production may lower dependence on edible oil imports
-The Hindu Business Line Share of imports to reduce to 55% by FY22, says ICRA Ahmedabad: The Centre’s push for oilseeds production can potentially bring down India’s dependence on imports for edible oil. The share of imports in overall edible oil consumption may decline from 60 per cent at present to about 55 per cent by FY22, according to rating agency ICRA. The Centre’s National Mission on Oilseeds and Oil Palm (NMOOP) — to...
More »Economy outlook still cloudy -Ajit Ranade
-The Hindu An immediate stimulus is needed to regain the momentum to get India back to 8% growth The government’s move this past week to publish economic data for the April to June quarter of this year needs a look. The real growth of GDP, i.e. after removing the impact of inflation, was only 5.7%, much lower than expected. For the past six consecutive quarters, the growth rate has gone down steadily,...
More »Downturn in India's growth 'very worrying': Kaushik Basu
-PTI Washington: Basu said from 2003 to 2011, India was growing typically over 8 per cent per annum. The year of global crisis, 2008, it dropped briefly to 6.8 per cent, but over 8 per cent growth had become the new norm for India. The downturn in India’s growth is “very worrying”, World Bank’s former chief economist Kaushik Basu said, underscoring that this is the “hefty price” the country had to pay...
More »Tale of neglect -TK Rajalakkshmi
-Frontline.in The death of nearly 60 children in Gorakhpur because of the unavailability of oxygen can be directly attributed to the larger issue of drastic reduction in budgetary allocations for and the gross neglect of the public health system. THE death of almost 60 children, including infants, in the government-run Baba Raghav Das Medical College Hospital in Gorakhpur within a span of 48 hours raises several issues relating to the state...
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