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Job growth at a snail’s pace -Santosh Mehrotra

-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...

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It’s not just farmers, Marathwada businesses too roiled by drought -Abhiram GhadyalPatil

-Livemint.com Automobile, construction industry, steel manufacturing, pharmaceuticals, breweries, and distilleries key sectors in Marathwada. Latur is major centre for production of pulses, oilseeds Latur, Maharashtra: Nilesh Thakkar, managing director of Maharashtra Biofertilizers India Pvt. Ltd (MBF), has virtually turned the Latur headquarters of India’s top organic fertilizer company into a campaign office. This is the office from where he runs Jalyukt Latur, a public campaign to revive the Manjra River nearby. And Thakkar...

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Rooftop solar has a bright future -Amit Kumar

-The Hindu Business Line India’s ambitious targets can be met without compromising the financials of discoms, as is feared India’s goal of having 100 GW of solar power by 2022 has already generated a lot of interest, and scepticism. But it’s even more far-reaching part pertains to the fact that 40 GW out of this is going to be based on distributed energy generation, namely solar rooftop systems. These solar rooftop systems could...

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Govt to focus on execution, go slow on new scheme launches -Nivedita Mookerji

-The Indian Express Instead of announcing new schemes, focus to be on those already announced and key sectors As the Prime Minister Narendra Modi-led National Democratic Alliance (NDA) government pads up to enter its third year in office, its focus would be on key areas such as banking, defence, retail, manufacturing, infrastructure and job creation. If the first two years were about announcing signature schemes and campaigns, and setting the agenda for the...

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Is agriculture a business? -Harish Damodaran

-The Indian Express Yes, except that farmers suffer rules other businessmen never encounter Agriculture is said to be India’s largest private-sector enterprise, engaging nearly 119 million farmers (“cultivators”) and another 144 million landless labourers, as per the 2011 Census. It is even considered the most respectable business, going by the oft-quoted slogan “uttam kheti, madhyam vyapar, kanishtha naukri (supreme is farming, mediocre is trade and most lowly is service)”. But the exalted...

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