-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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A Brief Case for the Indian Jhola -Ashwini Deshpande
-The Indian Express This book serves as a timely refresher of current efforts to establish action-based research models that can positively influence public policy Book: Sense And Solidarity – Jholawala Economics for Everyone Author: Jean Drèze Publication: Permanent Black Pages: 354 Price: Rs 795 Beautifully produced, with a catchy and moving introduction, this volume is a collection of Jean Drèze’s op-ed pieces written between 2000-2017. The original pieces are grouped by theme, with a short new...
More »India's criminal wastage: over 10 million works under MGNREGA incomplete or abandoned -Richard Mahapatra
-Down to Earth Since April 2014, the rate of work completion has been declining at rapid pace, indicating that crucial assets for villages are not getting created In the last three and half years, the rate of work completion under the Mahatma Gandhi National Rural employment Guarantee Act (MGNREGA) has drastically declined, leading to wastage of public money and leaving villages more prone to drought. This could also be a reason...
More »PM's advisory council acknowledges slowdown
-The Hindu Chairman Bibek Debroy, however, declines to share reasons Accelerating growth and employment over the next six months would be the top priority of the recently reconstituted Prime Minister's Economic Advisory Council (PMEAC), its chairman Bibek Debroy said on Wednesday, acknowledging the slowdown in the economy. “There is consensus among us about the various reasons that have contributed to the slowdown,” Mr. Debroy said after the first meeting of the Council on...
More »RBI surveys show general economy in 'pessimistic zone', jobs big worry -George Mathew
-The Indian Express employment prospects have been the biggest cause of worry for respondents, with sentiment plunging further into the pessimistic zone; the outlook on employment has also weakened in the last two rounds. Mumbai: A SERIES of surveys undertaken by the Reserve Bank of India (RBI) have indicated that more people see consumer confidence declining, business sentiment in manufacturing dipping, inflation on the rise and growth sliding. The findings are in...
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