-The Hindu Report on Maharashtra looks at NSS data Mumbai: Nearly 47% out of Maharashtra's total employed population, which is dependent on agriculture, fisheries and forestry as an economic activity, earns only Rs 100 per day on an average. The data is in sheer contradiction with the earnings of 1.36% of the employed population from Information and Communication sector in the state, which on an average earns Rs. 833 per day, higher than...
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Small industry needs a better policy deal -Pradeep S Mehta
-The Hindu Business Line A flexible approach to collateral will improve access to bank funding. Red tapism too is a perennial concern If the Make in India campaign has to be successful and help many in our country, we need to focus on enabling small units to function and contribute. A major problem small and medium units face is that of finance. Banks and financial institutions are always very wary of assisting them...
More »Rural jobs: Less than 3 pc homes got 100 days of work this fiscal -Ruhi Tewari
-The Indian Express In yet another indication of the dismal performance of the scheme this financial year, less than 3 per cent households were able to complete the promised 100 days of employment under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) this year, effectively meaning that 97 per cent of the beneficiaries have not been able to use the scheme to its maximum intended capacity. Introduced in February 2006, MGNREGA...
More »Elite agri hub awaits nod -ASRP Mukesh
-The Telegraph Ranchi: A centre on the lines of Indian Agricultural Research Institute (IARI), Pusa, New Delhi, gifted to Jharkhand by the Modi government in its first budget in July 2014, is yet to sprout from state agriculture department's drawing board. In his maiden budget speech, Union finance minister Arun Jaitley allocated Rs 100 crore this fiscal for both Jharkhand and Assam for two agriculture centres in each of these states. But why...
More »Dividend or nightmare -Santosh Mehrotra
-The Indian Express How many jobs must be created to realise our demographic dividend (or avoid a nightmare)? Half of India's population is below 25. The worst-case scenario is that enough jobs are not created for the millions entering the labour force each year, and that this semi-educated mass becomes a force driving social conflict. The reason that East Asian countries (especially China) rode the wave of the demographic dividend and dramatically...
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