-The Economic Times NEW DELHI: Hit by severe drought in at least 11 states across the country, the BJP-led NDA government has tasked its premier think-tank Niti Aayog to outline a drought mitigation strategy for the country. The report, which is likely to propose short-term, mediumterm and long-term measures, is expected in a fortnight following which the Aayog will get into a mission mode to get the task done so that the...
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Job growth at a snail’s pace -Santosh Mehrotra
-The Hindu For jobs to grow, consumer demand has to improve consistently. This can only happen with an industrial policy, which India has not had since 1991 There will be no demographic dividend without growth in industrial and service sector jobs. The underlying logic behind a dividend is that as jobs grow, incomes rise and so do savings. Based on higher savings, the investment rate to GDP grows, resulting in faster GDP...
More »Will forest fires continue to burn and pollute India? -Rohit Gandhi
-DNA Even as the Modi government promises to increase the green cover, here are the challenges it is facing. Meet Ashish Arora, resort owner in Uttarakhand who lives next to a forest. It is not just the chirping birds, clean air and wild animals that surround him. He also has to grapple with forest fires every year. For the people in Uttarakhand like any other forest-rich state, forest fires are a way...
More »India’s jobless growth is undermining its ability to reap the demographic dividend -Christophe Jaffrelot
-The Indian Express The last quarterly survey by the Labour Bureau showed that India has never created so few jobs, since the survey started in 2009 The last quarterly survey by the Labour Bureau showed that India has never created so few jobs, since the survey started in 2009, as in 2015: Only 1.35 lakh jobs compared to more than nine lakh in 2011 and 4.19 lakh in 2013 in eight labour-intensive...
More »Water shortage could cost some regions 6% of GDP: World Bank -Mayank Aggarwal
-Livemint.com World Bank report says combined effects of growing populations, rising incomes and expanding cities will see demand for water rising exponentially, while supply becomes more erratic and uncertain New Delhi: Water scarcity, exacerbated by climate change, could cost some regions up to 6% of their gross domestic product (GDP), spur migration and spark conflict, said a report released by the World Bank on Tuesday. The report, High and dry: Climate change, water...
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