-The Hindu Business Line Apart from easing labour laws and providing a social security net, a focus on clusters with access to land and capital will help Getting micro, small and medium enterprises (MSMEs), who employ 92 per cent of the workforce, to grow more rapidly should be one of the pillars of any strategy for job creation. This year’s Economic Survey does candidly state that “Our policies must, therefore, focus on...
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More than half of South Asian youth are not on track to have the education and skills necessary for employment in 2030
-Press release by UNICEF dated 30 October, 2019 KATHMANDU/NEW YORK/MUMBAI, 30 October 2019 – An estimated 54 per cent of South Asian youth leave school without the necessary skills to get a decent job in the next decade, according to data produced by the Global Business Coalition for Education (GBC-Education), the Education Commission, and UNICEF. According to the data, South Asia lags behind several other regions in preparing the next generation of...
More »Civil society group welcomes failure to sign RCEP; calls it 'bad deal for democracy' -Joe C Mathew
-Business Today RCEP trade deal: The group said that the Indian govt should not agree to the RCEP even in future as it will be a 'bad deal for democracy, for farmers, workers, will subvert our sovereign laws and compromise India's industrialisation potential'. Forum for Trade Justice, a pan-civil society network has welcomed the failure of the 16 negotiating countries to reach a consensus over the conclusion of the world's largest free...
More »Strengthening MGNREGA for reviving the economy -Surajit Das
-Newsclick.in Even if the wage rates under MGNREGA are doubled and if jobs are provided for at least 100 days in a year as per the law, the extra expenditure would not exceed 1% of GDP. The growth rate is slowing down in India neither because of lower productivity of the labourers or that of the land, nor because of shortage of labour or productive capacity, but because of the lack of...
More »Govt may pump more funds into NREGS to boost rural economy -Saubhadra Chatterji & Zia Haq
-Hindustan Times Many analysts have underlined that the BJP’s below-par performance in the Maharashtra and Haryana assembly elections reflected concern, among other factors, about the economy, which slumped to a growth rate of 6% in the three months to June 30, the slowest pace in over six years. The government has already spent nearly 80% of its full-year budget for the flagship rural job guarantee programme, top officials said on Friday,...
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