-The Business Standard   Why Indian unemployment figures puzzle many Census data released on Tuesday contained a shocking piece of information: that 47 million young Indians, under the age of 24, were jobless, and looking for work. That's 20 per cent of the youth population. This is hard data confirming a fact that has long been anecdotal: that India has a jobs crisis. The picture that emerges from the Census data is intriguing:...

-The Hindu   Narendra Modi has to address not just the current stagnation in manufacturing but also look at ways of stimulating investments in the sector Prime Minister-designate Narendra Modi, it is said, sleeps just six hours a day. Even that could become a luxury as he buckles down to his job and begins the challenging task of turning around the economy. The economic legacy handed down to him by the United Progressive...

-Down to Earth Studies indicate high food inflation As Met office predicts below normal rainfall because of El Nino this year, a study by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) has projected a 1.75 per cent GDP reduction and loss of hundreds of thousands of jobs in the unskilled sector. The report released recently says that five per cent deficit rainfall forecast by the India Meteorological Department (IMD) will...

-The Business Standard   It is not pro-farmer, provides for too many committees and too many approvals, says Amitabh Kant The Department of Industrial Policy and Promotion (DIPP) will press to the next government for redrafting the recently enacted Land Acquisition, Rehabilitation and Resettlement Act. "The new (land acquisition) Act is extremely bureaucratic, with the introduction of a social impact assessment. It is not pro-farmer; it provides for too many committees and too many...

-Live Mint   What explains the mystery of job growth slowing so drastically just when growth spiked up so rapidly? The health of the economy occupied the centrestage of the political battlefield this week, as the ruling United Progressive Alliance (UPA) and the opposition National Democratic Alliance (NDA) engaged in a spirited debate on India's economic performance. A major bone of contention was the slower pace of job growth in the UPA's 10-year...