-The Financial Express There are several facets to India’s weak pulse economy. Nevertheless, it is a glorious moment for the country as pulse production is expected around 22 million tonnes in FY17 surpassing all previous records. According to the initial estimates of the agriculture ministry, kharif production will reach 8.2 million tonnes against 5.4 million tonnes recorded in the last fiscal. This would be possible due to higher allocation of land to...
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Joblessness rises to 5-year high -Somesh Jha
-The Hindu Female unemployment rose to 8.7% in 2015-16 from 7.7% a year earlier Jobless Economic Growth continues to haunt India's youth, with the country’s unemployment rate rising to a five-year high of five per cent in 2015-16, according to the latest annual household survey on employment conducted by Labour Bureau. India’s economy grew 7.1 per cent in the first quarter of 2015-16, slowing from 7.9 per cent a year earlier. The country’s...
More »India's poor health infrastructure bags it 143rd spot in 188 countries
-PTI New Delhi: India was given the 143rd spot in 188 countries by a global health study, that released on Friday. The study cited various challenges, including mortality rates, malaria hygiene and air pollution for India’s abysmal ranking. “Despite rapid Economic Growth, India was ranked 143rd, below Comoros and Ghana,” the first annual assessment of Sustainable Development Goals (SDG) health performance published in the Lancet and launched at a special event at the...
More »The Great Job Chase -Lola Nayar
-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...
More »Sher Singh Verick, deputy director, ILO Decent Work Team for South Asia and Country Office for India, speaks to Outlook
-Outlook Deputy director, ILO Decent Work Team for South Asia and Country Office for India, Sher Singh Verick on India’s high but “jobless” growth mystery Sher Singh Verick, deputy director, ILO Decent Work Team for South Asia and Country Office for India, strives to unravel India’s high but “jobless” growth mystery. Excerpts from an e-mail interview: * On high growth, low jobs Economic Growth through investment, consumption and exports generally results in more jobs,...
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