-The Economic Times NEW DELHI: The Centre is moving ahead on the proposal to provide reservation in promotion for SC and ST employees in government jobs with a key official report saying underprivileged sections needed affirmative action. A report prepared by the department of personnel and training (DoPT), presented to Prime Minister Narendra Modi, supported quotas in promotion for SCs and STs. "For equal opportunity and inclusive growth, there is need for...
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With Niti Aayog's three-tier plans, Soviet-era state control over economy is back (in a new bottle) -Parsa Venkateshwar Rao Jr
-Scroll.in The Five Year plan is gone, several long- and short-term plans are in, but the government is still mapping growth in a supposedly market economy. When Prime Minister Narendra Modi announced the dismantling of the more than six-decades-old Planning Commission in his Independence Day speech on August 15, 2014, it seemed that India was at last formally breaking with the notion of planning, a socialist recipe for the anarchic market...
More »In search of a job -Muthukumar K & Seetharaman R
-The Hindu Business Line Prime Minister Narendra Modi promised one crore jobs during the 2014 elections. At the present rate of job creation, this will take 30 years. Muthukumar K and Seetharaman R report on the employment crisis Raj Abraham (name changed on request), a first-year student at a leading management institute in Chennai, is a bit anxious these days. Ask him how his seniors are faring in campus placement and the...
More »In loan waivers, 'moral hazard' and continued hope for political gains -Shaji Vikraman
-The Indian Express Urjit Patel has voiced concern publicly over the latest loan waiver — saying it engendered a moral hazard and undermined the honest credit culture. In February 1990, in the months preceding the build-up to the balance of payments crisis the next year, Madhu Dandavate, Finance Minister in V P Singh’s National Front government, announced a debt relief scheme for farmers to fulfill a promise made by the alliance in...
More »Are farmers collateral damage of modern Economic Growth? -Sanjiv Phansalkar
-VillageSquare.in People living in villages, who are migrating in large numbers to urban spaces in search of livelihoods, could be victims of our economic development or perhaps the dismal income growth of farm households is semi-deliberate to keep labor costs low Till about 1990 since Independence, our country followed what may be broadly termed an import-substitution strategy for Economic Growth. This meant high import duties and rigid non-tariff barriers on imports and...
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