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Bihar’s growth accelerates to a record 14.48%- Kirthi V Rao

-Live Mint Numbers confirm Bihar's structural shift away from agriculture, with sharp increase in share of services sector Bihar has revised its economic growth for 2012-13 to 14.48%, five percentage points higher than what was initially forecast, according to two officials at the state's directorate of statistics. The new numbers confirm the state's structural shift away from agriculture, with a sharp increase in the share of the tertiary or services sector. The data...

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Rural women lost 9.1m jobs in 2 yrs, urban gained 3.5m -Subodh Varma

-The Times of India NEW DELHI: Women's employment has taken an alarming dip in rural areas in the past two years, a government survey has revealed. In jobs that are done for 'the major part of the year', a staggering 9.1 million jobs were lost by rural women. In urban areas, the situation was quite the reverse, with over 3.5 million women added to the workforce. This emerges from comparing employment data...

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Why the Food Security Bill is neither populist nor unaffordable-Ashok Kotwal

-The Economic Times Criticism of the National Food Security Bill (NFSB) has led to the government dropping the idea of issuing an Ordinance and, instead, saying it would try to get the Bill passed in a special session of Parliament. But doubts persist over the very concept of the Bill. Is it not extravagant to subsidise food for such a large part of the population when the poor constitute only 30 per...

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Working women numbers don’t add up -Rukmini Shrinivasan

-The Times of India In English Vinglish, her big comeback movie last year, Sridevi's Shashi Godbole was a small-scale caterer in Pune before the movie's arc took her to the US. We saw her efficiency at making boondi laddoos, we saw that her clients loved them and we know she made a little money from it. But we also saw how little her enterprise mattered to her family, and that her...

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The Political Economy of Shadow Finance in West Bengal-Subhanil Chowdhury

-Economic and Political Weekly The Saradha group's collapse has possibly bankrupted lakhs of small investors robbing them of their life svaings, and has rendered thousands of its agents jobless. The scam highlights the failure of the government and its regulatory agencies to reign in the mushrooming chit fund companies in West Bengal. It also brings under the scanner the Trinamool Congress' proximity with the tainted group. In the wake of the...

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