-DNA Before looking for 'out of the box' solutions, India urgently requires in-box actions. In the past year, India has been buzzing with the possibilities of start-ups. Many ‘angel investors’ from around the world have been pumping funds into hundreds of start-ups in the country. In the same spirit, Prime Minister Modi is chairing a major summit on start-ups tomorrow, January 16. The reality on the ground, however, indicates that all is not...
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Wholesale food inflation at 17-month high
-Business Standard Deflation in manufacturing continues, food inflation picks up Wholesale price index (WPI)-based deflation persisted for a 14th straight month in December, the index dropping 0.7 per cent as compared to one of almost two per cent in November. However, food inflation rose to 8.17 per cent, the steepest in 17 months, from 5.2 per cent. This was on more expensive vegetable and non-vegetarian items, prompting economists to say the Reserve Bank...
More »Give highest priority to rural job guarantee scheme in Budget, eminent citizens tell Jaitley
-The Hindu Business Line New Delhi: Ahead of the Budget, eminent citizens across the country have written an open letter to Finance Minister Arun Jaitley requesting him to accord “highest priority” to the rural job guarantee scheme, MGNREGA, and allocate additional ₹5,000 crore to the Ministry of Rural Development. “Subsequent Budget estimations and allocations to the programme must be brought in line with inflation; be measured and maintained as a percentage of...
More »Civil society urges more resources for social sector
Representatives of around 20 civil society organizations and NGOs met the Finance Minister Shri Arun Jaitley as part of pre-budget consultation on social sector on 12 January, 2016. Immediately after the pre-budget consultation, a press conference was held by some of these organizations to convey the media persons what demands/ suggestions were made. Subrat Das, Executive Director of Centre for Budget and Governance Accountability (CBGA, http://www.cbgaindia.org/) informed us that during...
More »Women desert rural labour force, Tamil Nadu breaks the trend -B Sivakumar
-The Times of India CHENNAI: Women in rural areas are increasingly withdrawing from the country's labour force. This trend is particularly evident in states like Karnataka, Gujarat and Madhya Pradesh where women have opted out of the labour force over the years. This is more in check in states like Tamil Nadu where the difference in gender gap between 2004 and 2011 is 8. In Karnataka it is 16 while in...
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