-The Hindu There is no way the country can reap its demographic dividend without fixing vocational education Salvaging the Indian demographic dividend must be a key part of India’s growth story. In 2016, the Government of India formed the Sharada Prasad Committee to rationalise the Sector Skill Councils (SSCs), which are employer bodies mostly promoted by the Federation of Indian Chambers of Commerce and Industry, the Confederation of Indian Industry and other...

-Business Standard Decision likely soon, states will be free to adopt one or more of the models suggested New Delhi: The Central government is looking at spending a minimum of Rs 200-250 billion initially along with the states in ensuring that farmers get the benefit of Minimum Support Price (MSP) either through direct procurement of goods or a system of Price Deficiency Payment on the lines of Madhya Pradesh’s Bhawaantar Bhugtan Model. Officials...

-The Indian Express In the worst wage revision in the history of the rural employment guarantee scheme, that started in 2006, MGNREGA workers in 10 states will get no hike in their wages for FY 2018-19, according to the revised wage rates issued by the Union government. In the worst wage revision in the history of the rural employment guarantee scheme, that started in 2006, MGNREGA workers in 10 states will get...

-The Indian Express The Finance Ministry directed smaller PSBs to cut their corporate loan exposure to 25 per cent of their risk-weighted assets over the medium term and focus more on retail lending. Corporate loans corner the lion’s share of rising bad loans in public sector banks while retail loans have a far superior track record when it comes to timely repayment, according to the latest available Reserve Bank of India...

-Livemint.com Use of population figures from 2011 census instead of 1971 census for sharing tax revenue among states triggers opposition from South India New Delhi: A political storm is brewing in South India over what is normally a largely unnoticed bureaucratic exercise undertaken once in five years to determine how India distributes its pooled tax revenues among its many states. Several chief ministers and opposition leaders of southern states have expressed vehement opposition...