-The Indian Express How many jobs must be created to realise our demographic dividend (or avoid a nightmare)? Half of India's population is below 25. The worst-case scenario is that enough jobs are not created for the millions entering the labour force each year, and that this semi-educated mass becomes a force driving social conflict. The reason that East Asian countries (especially China) rode the wave of the demographic dividend and dramatically...
More »SEARCH RESULT
Cash transfers can work better than subsidies -Guy Standing
-The Hindu Providing people with a modest basic income instead of subsidies would save public revenue With oil prices falling, it was perhaps a good time to fade out fuel subsidies. All subsidies are inefficient and distortionary, and most are regressive. The same could be said of costly public works schemes as well. By contrast, the debate on direct benefit transfers has moved into a more sensible phase, with the posturing criticism of...
More »Where are the jobs? -Devinder Sharma
-DNA It's a misconception that high economic growth translates into employment A recent report prepared by the consultancy firm PricewaterhouseCoopers for the Confederation of Indian Industry (CII) harps on the usual premise of boosting economic growth as the basis for job creation. Accordingly, it will still take 20 years to remove unemployment even if India grows at an annual Growth Rate of 9 per cent. This is exactly what we were...
More »Campaign against Govt's move to cut social sector spending from Nov 30 -Aditi Nigam
-The Hindu Business Line Questioning the kind of growth model pursued by the Government, civil society activists on Saturday called for a wider public debate on the reported move to curtail social sector spending on schemes such as the rural job guarantee scheme, MGNREGA, and for the HIV affected. "Considering the fact that the Government is forecasting a 5.3 per cent Growth Rate for this year, the social sector cuts in Budget...
More »Half-full, half-empty -Subir Gokarn
-Business Standard India's mixed record on the Millennium Development Goals is a pointer to policy priorities In 2000, the United Nations held a Millennium Summit, at which the membership adopted the Millennium Development Goals (MDGs). Spanning a range of development indicators - poverty, gender, health, education and the environment - the MDGs essentially established a set of targets for the global community to achieve by 2015. The framework sets eight broad...
More »