-Livemint.com India’s industrial history doesn’t inspire confidence to generate enough factory jobs for the displaced Amid the debate on the new land acquisition law, fixing a number on India’s landless people seems to have become a matter of conjecture and educated guess. Last week, finance minister Arun Jaitley said 300 million people do not own land, while launching the government’s Mudra refinancing scheme for micro enterprises. His office didn’t reply to queries...
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Job growth falls, down to lowest in 3 quarters
-The Indian Express Even as India is poised to emerge as the fastest growing economy in the world, employment generation in eight crucial sectors in the third quarter of 2014-15 dipped to its slowest pace in three quarters. Just 1.17 lakh new jobs were created in eight key sectors of the economy between October and December 2014, according to a survey by the labour bureau. In contrast, 1.58 lakh jobs were created...
More »Rebooting the rural jobs scheme -Himanshu
-Livemint.com At a time when rural economy is badly in need of stimulus, the least the govt can do is increase spending on MGNREGA It is now officially acknowledged that the rural economy is heading for a distress situation. As if the fall in crop prices was not sufficient, the situation of farmers in India has been compounded by the vagaries of the monsoon with less than normal rainfall last year...
More »Economic gap between upper castes and dalits persists -Subodh Varma
-The Times of India Despite more access to education, better household amenities and increased incomes, the economic gap between upper castes and dalit and tribal communities continues unchanged over the years, according to latest economic data from the NSSO. A comparison of average monthly expenditure of households belonging to dalit communities with upper caste households showed that in rural areas there was a gap of about 38% in 1999-2000 which changed only...
More »More evidence: NREGA generated jobs for poor SCs & STs
Amidst brouhaha over the importance of MGNREGA, the recently released 68th Round National Sample Survey (NSS) report clears the air whether the MGNREGA had been beneficial to employment of persons from Scheduled Castes (SCs), Scheduled Tribes (STs) and Other Backward Classes (OBCs). Based on a survey of nearly 59,700 households in rural areas of India, the NSS 68th Round data shows that the proportion of persons who got job in...
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