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Job growth falls, down to lowest in 3 quarters

-The Indian Express Even as India is poised to emerge as the fastest growing economy in the world, employment generation in eight crucial sectors in the third quarter of 2014-15 dipped to its slowest pace in three quarters. Just 1.17 lakh new jobs were created in eight key sectors of the economy between October and December 2014, according to a survey by the labour bureau. In contrast, 1.58 lakh jobs were created...

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Economic gap between upper castes and dalits persists -Subodh Varma

-The Times of India Despite more access to education, better household amenities and increased incomes, the economic gap between upper castes and dalit and tribal communities continues unchanged over the years, according to latest economic data from the NSSO. A comparison of average monthly expenditure of households belonging to dalit communities with upper caste households showed that in rural areas there was a gap of about 38% in 1999-2000 which changed only...

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More evidence: NREGA generated jobs for poor SCs & STs

Amidst brouhaha over the importance of MGNREGA, the recently released 68th Round National Sample Survey (NSS) report clears the air whether the MGNREGA had been beneficial to employment of persons from Scheduled Castes (SCs), Scheduled Tribes (STs) and Other Backward Classes (OBCs). Based on a survey of nearly 59,700 households in rural areas of India, the NSS 68th Round data shows that the proportion of persons who got job in...

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Why our farmers urgently need help -Devinder Sharma

-DNA Broken promises apart, a regular income for farmers is extremely essential There is trouble on the farm front. With untimely rains accompanied by hailstorms and strong winds showing no signs of relenting, further deepening the prevailing agrarian crisis; and with the spate of farmer suicides on the rise, agriculture faces its worst-ever crisis. While the rising number of farmer suicides is only a reflection of how fragile the agrarian economy...

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A third of top 500 firms’ books dodgy: SFIO -Subhomoy Bhattacharjee

-The Financial Express A forensic report prepared for the Serious Fraud Investigation Office (SFIO) shows over a third of India's top 500 companies, including those in the top 100, are "managing" their accounts. It finds that companies where promoters hold more than 50% of total shareholding are more likely to take such steps to impress markets with their performance. Both domestic companies and subsidiaries of multinationals listed in India show similar trends...

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