-Outlook FDI’s up, so is GDP. And yet the demographic dividend lies untapped. Here’s why. Blame it on global or domestic scenario, but the Modi government’s promise of ending a decade of jobless growth during the UPA regime is yet to deliver. This is despite a higher economic growth and over 50 per cent rise in FDI inflow in the last two years. “To break away from the joblessness, we need a structural...
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Sikkim the best place to work for women, Delhi at bottom of list: Report
-PTI Washington: Tiny northeastern state of Sikkim has the best working conditions for women, while national capital Delhi fared the lowest, according to a report. The report released by the Centre for Strategic and International Studies (CSIS), a top American think-tank, and Nathan Associates, gave Sikkim the highest possible 40 points while Delhi received just 8.5. The states were ranked according to four primary factors -- legal restrictions on women’s working hours in...
More »Poor sanitation cost India 5.2% of its GDP -Sushmita Sengupta
-Down to Earth Lack of access to sanitation wiped off US $106.7 billion from India's GDP in 2015. It is almost half of the total global losses A report—True cost of sanitation—was published jointly by the LIXIL Group Corporation, Water Aid and Oxford Economics recently. Oxford Economics mainly works on economic forecasting and modelling. It says that in 2015 lack of access to sanitation cost the global economy around US $ 222.9...
More »The great GDP fudge -Jairam Ramesh
-The Indian Express Same data, opposite conclusions, Dr Subramanian? “I am puzzled by the new GDP growth numbers. This is mystifying because these numbers, especially the acceleration, are at odds with other features of the macro economy. Import of goods declined. typically growth booms are accompanied by surges in imports not declines… similarly, real gross capital formation declined”. This was the chief economic advisor (CEA) Arvind Subramanian in an interview to the...
More »Retaining MGNREGA's core -Brinda Karat
-The Hindu Held to account by the Supreme Court, the Central government is using opaque methods to change the key provisions of the employment guarantee scheme and make it targeted instead of universal. There is a pithy saying in Hindi that the elephant has two sets of teeth, one for show and the other to eat. This seems an apt description of the approach of the Narendra Modi government towards the implementation...
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