What is our national aim? To my mind, our national aim must be to make India a highly prosperous country for its citizens, and for that it is necessary to have a high degree of industrialization. Even setting up and running a single primary school requires a lot of money, e.g. for buying land, erecting the school building and providing for the recurrent expenditure for salaries of teachers, Staff, etc. We...
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The workforce misses the boat
-Live Mint Recent reports of the employment and unemployment surveys of National Sample Survey Organisation (NSSO) have confirmed the fear of jobless growth during 2004-2010. This data has led to much debate, but the overwhelming consensus remains that the recent period of high gross domestic product (GDP) growth has not benefited the majority of workers. Although the debate is yet to settle, there have been arguments for looking at the data closely....
More »Government loosens purse strings for doctors in rural areas by Ashish Gaur
The state government is game for offering attractive pay package to doctors willing to hit road to villages. The government has rolled out a new scheme wherein doctors willing to serve in rural areas will get Rs 10,000 more. And for those performing and assisting in caesareanoperations, there will be Rs 2,700 over and above all that will come to them. Till now, doctors get Rs 40,000 monthly salary for...
More »Anti-nuke protests enter 100th day
-The Times of India The anti-nuclear protests by the largely illiterate fishermen and women from coastal hamlets that has stalled the commissioning of the multi-crore nuclear plant at Kudankulam in Tirunelveli district enters the 100th day on Thursday. The protests that begun on August 16 in Idinthakarai, also a coastal hamlet with dusty roads and thatched houses adjoining Kudankulam, has been a success for the agitators in the sense that they had...
More »What’s Wrong and Right with Microfinance by David Hulme and Thankom Arun
Recent events in south Asia have led to an unexpected reversal in the narrative of microfinance, long presented as a development success. Despite charges of poor treatment of clients, exaggeration of the impact on the poorest as well as the risks of credit bubbles, the sector can play a non-negligible role in reaching financial services to low-income households. In regulating the sector, there is need for caution in setting interest...
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