-The Hindu A levy on firms, resources from which are earmarked for vocational training, is what could help the country bridge the skill gap in its workforce. Financing technical vocational education and training (VET) is costlier than general education due to its technical nature. Pre-service training requires the installation of equipment and trained instructors to train youth. This raises the cost of training, and remains a factor preventing pre-service training from expanding...
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Lax norms linked to banking fraud: CAG
-The Times of India NEW DELHI: Blaming weaknesses in the regulatory system as being the reason behind the rising cases of financial sector fraud, comptroller and auditor general (CAG) Shashi Kant Sharma on Friday drew attention to huge non-performing assets (NPAs) of public sector banks, a significant part of which could have been fraudulently obtained as advances by debtors and transferred abroad, from where they may never be recovered. The CAG also...
More »Punjab Won’t Fly Unless It Deals With Its Agrarian Crisis -Ashwini K Swain, Gareth Price and Ranjit Singh Ghuman
-TheWire.in Agriculture in the state needs a new paradigm, one that acknowledges the scarcity of interlinked resources and the costs of their use. Recently, experts from Punjab Agricultural University advised farmers in the state to reduce the area taken up by the cultivation of basmati, predicting a crash in basmati prices due to huge carryover stock. Last year, the state produced 18 million tonnes of paddy and contributed a record 9.4 million...
More »A drought of action -Jean Drèze
-The Hindu India has a lasting infrastructure of public support that can, in principle, be expanded in drought years to provide relief. But business as usual seems to be the motto Droughts in India used to be times of frantic relief activity. Large-scale public works were organised, often employing more than 1,00,000 workers in a single district. Food distribution was arranged for destitute persons who were unable to work. Arrangements were also...
More »The myth of the dumb Indian peasant -Anil Padmanabhan
-Livemint.com The perception of a farmer as a ‘dumb peasant’ in public policy lies at the core of the agrarian crisis Last month, the agriculture ministry informed Parliament that 2,806 farmers committed suicide in 2015 due to “agrarian reasons”. The data further showed that the highest number of suicides were recorded in Maharashtra (1,841), followed by Punjab (449), Telangana (342), Karnataka (107) and Andhra Pradesh (58), among others. What is common to...
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