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How India’s rulers have dashed the hopes of its younger citizens -Santosh Mehrotra

-Scroll.in Increasing unemployment is a major cause for concern. Politicians constantly talk about India being a young country, since two-thirds of the population is under 35 years of age and half of it below 26. Some economists consider this an automatic boon for the economy, since there is a limitless number of workers who could contribute to India’s productive capacity. Finance and investment giant Morgan Stanley, in a report released in November, identified...

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53% teachers say most primary students in Jharkhand forgot to read, write after Covid-19: Survey

-Scroll.in An acute shortage of teachers was also noticed in the state, a report prepared by Economist Jean Dreze stated. Fifty-three percent of teachers who were part of a survey have said that most students in primary and upper-primary government schools in Jharkhand had forgotten how to read and write by the time schools reopened in February 2022 after the coronavirus pandemic. Primary and upper-primary schools were closed in Jharkhand since the onset...

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Stop PMGKAY, Release Food Grains to the Open Market -Siraj Hussain

-TheWire.in Prudence demands that allocations under PMGKAY are not extended beyond December 2022 and food grains are released in the open market. How important is professional advice to the government? This question crops up from time to time as the capability of government to deliver high growth of 7-8% per annum is challenged. The question will be answered in two weeks from now. Dr Ramesh Chand, member, Niti Ayog and one of the...

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Eminent economists Recommend More Pensions, Maternity Benefits in Next Budget

-Newsclick.in In an open letter addressed to Nirmala Sitharaman, 51 eminent economists have flagged less contribution to NOAPS and the lack of action on ensuring maternity benefits. Several prominent economists have proposed to the Union finance ministry to increase social security pensions and make adequate provisions for maternity benefits in the 2023-24 Union Budget. In an open letter addressed to Union finance minister (FM) Nirmala Sitharaman, 51 eminent economists—including Abhijeet Singh (Stockholm School...

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Is EPFO data right metric to show job creation? No, say experts citing its data limitations -TCA Sharad Raghavan

-ThePrint.in Wage ceiling, mobility of lower-end workers, smaller establishments willfully avoiding registrations among factors that make EPF data flawed indicator, they assert New Delhi: While the government often cites monthly data from the Employees’ Provident Fund Organisation (EPFO) — the latest edition of which was released on Friday —  to show that formal sector employment is growing in India, economists say that the data is flawed, prone to inflation and captures only...

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