-Livemint.com Manufacturing is the biggest positive contributor to aggregate employment Elasticity in the country, a fact which might appear counter-intuitive to many New Delhi: One of the biggest criticisms of India’s high growth trajectory this century has been its failure to generate jobs. Economists attribute this phenomenon to a decline in employment Elasticity of output, which means that the same amount of output growth creates fewer jobs than it used to....
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Social activists dissatisfied with budgetary allocations
-Press Release from Delhi Pension Parishad Activists from seven major campaigns stated unequivocally that the Union Budget for 2016-17 far from ‘Transforming India’, as claimed by the Finance Minister, Shri Arun Jaitley, is neglecting the interests of farmers, the poor and vulnerable both in nominal and real terms and subjecting every life-affirming program to severe budget cuts. Activists from seven major campaigns such as the Right to Food Campaign , the...
More »Questions that need answers -Paranjoy Guha Thakurta
-The Asian Age As one listened to finance minister Arun Jaitley deliver his third Budget speech, the overwhelming impression that was sought to be created was along anticipated lines. Here was a government whose heart was bleeding for the hapless farmer toiling in the fields, the agriculturist whose livelihood has been all but destroyed by two successive monsoon failures. Here was an administration whose representatives were concerned about the “curse of...
More »Polavaram is reaping the Jan Dhan benefit -Gunturi Naga Sridhar
-The Hindu Business Line The scheme has made life easier for the people of this Andhra Pradesh village, one of the first in the state to have 100 per cent financial inclusion. But the local experience also throws up a few questions relevant nationally, reports Gunturi Naga Sridhar Fourty-year-old M Ravamma, from Polavaram, a village in the Krishna district of Andhra Pradesh, had a nightmarish experience two months ago. Her husband complained...
More »Obstacles to cooperative federalism -Pradeep S Mehta
-The Hindu Business Line The bureaucracy has been unable to take it forward, thanks to its reluctance to share information and ideas Having been a chief minister for long, Narendra Modi as Prime Minister has rightly put his weight behind cooperative and competitive federalism. In March last year, I had Elaborated in this column the rElationship between the two in the context of development and growth in India in an article ‘What sort...
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