-The Hindu The challenge for the Modi government is to evaluate what works in development programming before making large spending decisions Governments in India have always launched big-ticket social development programmes with ambitious goals. The Narendra Modi government is no exception. Swachh Bharat Abhiyan aims to make India open defecation-free by 2019. The Pradhan Mantri Jan Dhan Yojana's financial inclusion programme set a target of opening 10 crore bank accounts by January...
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The twist in the growth story -C Rangarajan
-The Hindu Reforms must be part of a continuing agenda. The basic principle guiding reforms must be to create a competitive environment with a stress on efficiency. In many ways the coming decade will be crucial for India as growth is the answer to many of its socio-economic problems The data on national income released recently give a new twist to India's growth story. The most significant change is with respect to...
More »Private sector, ‘care economy’ will be key engines of job creation for next 5 years –UN report
-The United Nations Private sector services, such as business and administrative services, and real estate, as well as related industries, will employ more than a third of the global workforce over the next five years, according to new data released by the United Nations labour agency. "Service sector employment will remain the most dynamic with respect to job creation in the next five years," said Raymond Torres, a head researcher of...
More »UN study predicts rising global unemployment due to slower growth, inequality, turbulence
-The United Nations An extra 10 million people worldwide are likely to be unemployed by 2019, a new United Nations report has said today, pointing to slower growth, widening inequalities and economic turbulence as reasons behind the trend. According to the World Employment and Social Outlook - Trends 2015 (WESO) report, released today by the International Labour Organisation (ILO), the next four years will see the total number of people out of...
More »Govt data on inequality misleading
-The Times of India NEW DELHI: Inequality in South Asia is much more glaring than what government data shows because standard yardsticks of measuring income don't reveal the true picture, says a World Bank report 'Addressing Inequality in South Asia', released on Tuesday. For instance, the Gini coefficient - the standard measure to gauge income inequality - ranges from 0.28 to 0.40 in this region, suggesting a level of inequality much lower...
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