-The Economic Times NEW DELHI: The Manmohan Singh government's target of skilling 500 million people by 2022 is grossly inflated and is based on a speech by late management guru CK Prahalad instead of any demographic analysis. The country would actually need only about half that number of trained manpower by then, the government's own think-tank, the Institute of Applied Manpower Research (IAMR), has said in a research paper. The IAMR, housed under...
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Prices of vegetables & spices crash upto 20% due to the brisk start to monsoon -Sutanuka Ghosal
-The Economic Times KOLKATA: Prices of vegetables and spices have dropped up to 20% in the past month and are likely to remain low as higher output along with the brisk start to the monsoon has calmed the market. The drop in vegetable prices, on top of the global fall in various commodities from aluminium to zinc, is good news for policymakers as stubbornly high inflation has hindered moves to cut interest...
More »More small farmers selling land, turning workers: experts-T Ramakrishnan
-The Hindu Steep rise in inputs and uncertainty over water availability are among factors Chennai: More and more small and marginal farmers are selling their meagre landholdings to become agricultural workers. This is how agriculturists, policy-makers and economists explain the finding in the Census for Tamil Nadu: Between 2001 and 2011, the strength of cultivators declined and the number of agricultural workers went up. In the 10-year period, there was a fall of...
More »Junk food hurting world economy, UN warns
-AFP ROME: The UN's food agency on Tuesday said obesity and poor nutrition weigh heavily on the global economy and told governments that investing in food health would bring big economic as well as social returns. Lost productivity and spiralling health care bills linked to malnutrition "could account for as much as five per cent of global gross domestic product (GDP)," equivalent to $3.5 trillion (2.6 trillion euros) a year, the Food...
More »It’s official: Indian economy slowed to a 10-year low of 5% in 2012-13
-The Times of India The Indian economy grew at its slowest pace in a decade in 2012-13, posing another fresh challenge for the UPA coalition to revive growth and boost sentiment ahead of the general elections next year. Data released by the Central Statistical Organization (CSO) on Friday showed that the economy grew 5% in 2012-13, compared to 6.2% expansion in the previous year. It was in line with the advanced...
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