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From 'Job-less' to 'Job-loss' Economy: What is PM Modi Doing -Savera

-Newsclick.in The falling work participation rate shows that the economy is in deep crisis. Various other economic indicators show this as well. In a stark and chilling confirmation of what the whole country has known for some time, a govt. report shows that Indian workforce (those actually working) declined from about 54% of the working age population in 2011-12 to 51% in 2015-16. While the working age population increased by 2.9% per...

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Shore up supply of critical drugs, govt tells pharma industry -Teena Thacker

-Livemint.com Govt plans to?help firms revamp manufacturing units,?refurbish machinery,?ensure subsidized power in bid to produce drugs such as penicillin at competitive rates New Delhi: The Department of Pharmaceuticals (DoP), during a meeting on Wednesday, urged pharma companies to strive for self-sufficiency in critical drugs like penicillin, rifampicin and insulin, in a sign of government concern over India’s dependence on Chinese imports. A large number of so-called active pharmaceutical ingredients (APIs), or bulk drugs,...

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Six steps to job creation -Santosh Mehrotra

-The Hindu It is crucial to align policy across sectors and upgrade the country’s social infrastructure In India’s highly segmented labour market, one can still discern at least three demographic groups that are in urgent need of jobs: a growing number of better educated youth; uneducated agricultural workers who wish to leave agricultural distress behind; and young women, who too are better educated than ever before. India is indeed the fastest growing large economy...

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The case for a rural stimulus -Himanshu

-Livemint.com It is clear that not only has the govt failed to do anything to revive the sagging rural demand, it has also refused to acknowledge the demand problem The fact that the economy is on a downward slide is no longer a matter of debate. It is neither a technical issue nor is it a transient blip which will go away on its own. However, matters are complicated as far as...

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Food company lobbyists, RUTF backers in Niti Aayog's working group on nutrition -Rema Nagarajan

-The Times of India Many members of the Niti Aayog's newly constituted Working Group on Nutrition have significant conflicts of interests. Several are representatives of international agencies, which have close ties to multinational food companies including Nestle, Hindustan Unilever, Coca Cola, Monsanto, Mars and Ajinomoto, and which have been pushing packaged therapeutic food to address malnutrition. The government has repeatedly clarified that packaged energy dense food is against India's policy on...

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