-The Times of India NEW DELHI: The Narendra Modi government's auction of coal blocks continues to notch up legal victory in case after case, with the Delhi high court rejecting separate petitions by four bidders challenging classification of mines for bidding. In its order passed on Wednesday, a bench of Justices Badar Durrez Ahmed and Sanjeev Sachdeva dismissed petitions by Monnet Ispat and Energy Ltd, Jayaswal Neco Industries Ltd, Utkal Coal Ltd...
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Joblessness rises to 5-year high -Somesh Jha
-The Hindu Female unemployment rose to 8.7% in 2015-16 from 7.7% a year earlier Jobless economic growth continues to haunt India's youth, with the country’s unemployment rate rising to a five-year high of five per cent in 2015-16, according to the latest annual household survey on employment conducted by Labour Bureau. India’s economy grew 7.1 per cent in the first quarter of 2015-16, slowing from 7.9 per cent a year earlier. The country’s...
More »Sher Singh Verick, deputy director, ILO Decent Work Team for South Asia and Country Office for India, speaks to Outlook
-Outlook Deputy director, ILO Decent Work Team for South Asia and Country Office for India, Sher Singh Verick on India’s high but “jobless” growth mystery Sher Singh Verick, deputy director, ILO Decent Work Team for South Asia and Country Office for India, strives to unravel India’s high but “jobless” growth mystery. Excerpts from an e-mail interview: * On high growth, low jobs Economic growth through investment, consumption and exports generally results in more jobs,...
More »9 states stall push for full rural connectivity by 2019 -Subodh Ghildiyal
-The Times of India NEW DELHI: Nine states seem to be holding back India's race to achieve full rural connectivity by 2019 with Assam, Jammu & Kashmir and Jharkhand topping the list, according to a central government assessment. The fear is that the ambitious scheme may have to be pushed beyond 2019, a politically significant date as the Modi government will be up for re-election then, despite recent improvements having taken daily...
More »Andhra Pradesh becomes second state to achieve 100% electrification
-PTI N Chandrababu Naidu said access to electricity was a key socio-economic development indicator, but this was an area where there was still a significant gap in India. Vijayawada: Andhra Pradesh has become the second state in the country after Gujarat to achieve 100 per cent electrification of households, a latest report has said. JM Financials published the report based on a national-level survey on electrification in various states. Discussing this through a tele-conference with top officials...
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