-The Hindu For jobs to grow, consumer demand has to improve consistently. This can only happen with an industrial policy, which India has not had since 1991 There will be no demographic dividend without growth in industrial and service sector jobs. The underlying logic behind a dividend is that as jobs grow, incomes rise and so do savings. Based on higher savings, the investment rate to GDP grows, resulting in faster GDP...
More »SEARCH RESULT
The price of populism in Tamil Nadu -Srinivasan Ramani and Deepu Sebastian
-The Hindu The politics of patronage and personality in the State has reduced the electorate to passive recipients of welfare. “The food is good. The place is clean. Actually, I prefer the cleanliness over the menu,” P. Divaraj chuckles. “The real reason I’m here is because it’s the end of the month and I’m running out of money.” A 10-minute walk from his office to Amma Unavagam on Santhome High Road in...
More »India’s High Growth Rate Isn’t Translating to Job Creation -Saumitra Chaudhuri
-TheWire.in The number of jobs created in eight select industries in 2015 was 135,000. This was much worse than the 421,000 jobs created in 2014 and the 419,000 in 2013. Here, when I use the shorthand “jobs” it means both jobs and livelihoods for self-employed people. In the farm sector, most “jobs” are livelihoods. In the non-farm sector too, outside of the organized sector, much of working opportunities come as self-employed livelihoods...
More »No jobs in sight: There is a mounting employment crisis in India -Harsh Mander
-The Indian Express There is a mounting employment crisis in India. The current growth model, built on large private investments, cannot address the problem. Union Minister Ram Vilas Paswan raised many hackles with his demand for affirmative action or job reservations for Scheduled Caste and Scheduled Tribe candidates in the private sector. He suggested that “providing quota in private jobs will help cool down anger among SC and STs”, thereby stemming...
More »NOTA: More than just an option -Vasanth Srinivasan
-The Hindu Proponents of poll reforms see it as a ray of hope,others feel votes could be better used The 2013 Assembly Elections in five states saw the debut of the NOTA (short for the None of the Above) option that enables voters to reject all the candidates in the fray in a particular constituency. While the Supreme Court itself primarily focused on secrecy (which the earlier 49-O process compromised on as it...
More »