-Business Standard Claims Bill did not respect rights of people under the Forest Rights Act and gave unbridled control over thousands of crores to forest bureaucracy On Friday, Prime Minister Narendra Modi regretted that the Compensatory Afforestation (CA) Bill could not be passed in the Budget session of Parliament. On Saturday, outgoing Rajya Sabha member from Congress Jairam Ramesh hit back at the NDA, saying the reason the bill could not be...
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Revisit interest subsidy scheme for farmers -Ashutosh Kumar Tripathi
-The Hindu Business Line It should apply to long-term rather than short-term loans, to prevent funds misuse and promote capital formation The Budget 2016-17 witnessed an increase of Rs. 2,000 crore in the allocation towards interest subsidy for short-term credit (i.e. crop loan) to farmers, compared with the revised estimate for 2015-16, thereby making a total provision of Rs. 15,000 crore towards interest subsidy. In fact, of the total allocation of Rs. 35,984...
More »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...
More »ICMR to survey country's nutrition in an unprecedented manner in a new survey -Aradhna Wal
-DNA Taking up the gauntlet against alarming malnutrition in India, the Indian Council of Medical Research has announced a new comprehensive national nutrition survey, unlike any done before. This survey aims to unite the efforts and data of all scattered surveys that have happened in the country, the Rapid Action Survey of Children (RSoC), the National Family Health Survey (NFHS) for example,and bring on board as equal stakeholders the union ministries of...
More »India’s jobless growth is undermining its ability to reap the demographic dividend -Christophe Jaffrelot
-The Indian Express The last quarterly survey by the Labour Bureau showed that India has never created so few jobs, since the survey started in 2009 The last quarterly survey by the Labour Bureau showed that India has never created so few jobs, since the survey started in 2009, as in 2015: Only 1.35 lakh jobs compared to more than nine lakh in 2011 and 4.19 lakh in 2013 in eight labour-intensive...
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