-The Hindu More than half the defence budget is allocated for pensions every year while less than 5% is allocated for research and development One key reason for the Agnipath scheme, which aims to recruit defence personnel in short-term contracts, could be to reduce increasing pension payments in the Army, Navy, and Air Force. More than half the defence budget is allocated for pensions every year while less than 5% is allocated...
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Recognising the ‘compulsory’ woman worker -Brinda Karat
-The Hindu There is an urgent need for widespread surveys of poor rural women and how they spend their time The Centre for Monitoring Indian Economy (CMIE) reported that the labour participation rate of rural women was 9.92% in March 2022 compared to 67.24% for men. This is a cause for concern. According to CMIE, millions who left the labour market stopped looking for employment “possibly [because they were] too disappointed with...
More »Challenges in Centre’s 1-million hiring plan -Howindialives.com
-Livemint.com With its plan to hire 1 million in 18 months, the central government is looking to effectively compress 11 years of hiring into 18 months. But even this won’t resolve the simmering employment crisis and will stretch government finances further Last week, the central government said it would fill its current job vacancies in “mission mode". If that mission holds, one million Indians will land a central government job in the...
More »Agnipath has job potential in corporate sector for youths: Industry leaders
-PTI/ Business Standard Mahindra Group Chairman Anand Mahindra, RPG Enterprises Chairman Harsh Goenka and Biocon Ltd Chairperson Kiran Mazumdar-Shaw came out in support of Agnipath, saying it has potential for employment Industry leaders, including Mahindra Group Chairman Anand Mahindra, RPG Enterprises Chairman Harsh Goenka and Biocon Ltd Chairperson Kiran Mazumdar-Shaw on Monday came out in support of the Agnipath scheme, saying it has large potential for employment of youth in the corporate...
More »As Modi Celebrates Eight Years as PM, Three Economic Faultlines That Can't Be Ignored -Arun Kumar
-TheWire.in In the last three years, the Indian economy has been in crisis even if its organized sector has been doing well. Three years of Narendra Modi’s second stint as Prime Minister was celebrated by the Bharatiya Janata Party earlier this month. The self-congratulatory campaign, however, was spoiled quickly by a succession of events, all of which point to what has gone wrong during his tenure. First came the news that the economy...
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