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Gig economy in India to employ 23.5 million by 2030, says NITI Aayog report -Isha Sahai Bhatnagar

-Hindustan Times Over 20% of the 7.7 million jobs in India’s gig economy are classified as high-skilled jobs and 31% as low-skilled jobs. The remaining 47% are classified as medium-skilled jobs India’s gig economy is estimated to employ 7.7 million people and is set to nearly triple to 23.5 million by 2029-30, a new report by the NITI Aayog said on Monday. The report, ‘India’s Booming Gig and Platform Economy’, is the first...

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NITI Aayog launches report on gig economy in India: Key takeaways -Haripriya Suresh

-MoneyControl.com The report looks at the present size of the sector, its job generation potential, and also offers recommendations for growth. India’s gig workforce, estimated to be at 77 lakh in 2020-21, is expected to go up to 2.35 crore by 2029-30, according to a NITI Aayog report. The report, titled 'India's Booming Gig and Platform Economy' looks at the present size of the sector, its job generation potential, and also offers...

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Area under chana continues to rise, Maharashtra tops in coverage -Vishwanath Kulkarni

-The Hindu Business Line Favourable weather, soil moisture aid higher acreage Contrary to the initial expectations farmers across the country have brought more area under the rabi pulses crop, mainly chickpea or chana this season. Chickpea acreage has increased to a new high with record sowing in Maharashtra and Gujarat, while the traditionally largest producing State of Madhya Pradesh has seen a marginal increase in area. Please click here to read more.  ...

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What is Public Choice in economics? -Prashanth Perumal

-The Hindu Public choice refers to an economic approach towards the study of politics. American Nobel laureate James Buchanan, a prominent member of the Virginia school of political economy, characterised the public choice approach to politics as the study of “politics without romance.” Public choice theorists assume that politicians and bureaucrats who run the government of a country are self-interested individuals who primarily look after their own selfish interests. This is in...

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India resists rich nations’ attempt to ‘divide’ developing nations, LDCs -Amiti Sen

-The Hindu Business Line Against postponing resolution and plans to expand provisions for LDCs alone India is resisting attempts by developed nations to “draw a wedge” between developing countries and LDCs in the ongoing negotiations for subsidising public stockholding programmes at the WTO, under the garb of offering an early resolution, and has asked poorer nations not to fall into the trap. “At the WTO agriculture committee on Monday, some developed nations, such...

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