-The Telegraph Survey by Indian School of Business in Jharkhand reveals mass deletion of genuine job cards during linkage India’s economy is going through an unprecedented crisis of unemployment. In these times, the Mahatma Gandhi National Rural Employment Guarantee Programme and other welfare programmes are beacons of hope for India’s large rural population. However, the delivery of welfare has traditionally suffered from leakages. Thus, in 2015-16, the Government of India started linking...
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Desperate economic situation calls for immediate boost to government expenditure -Prabhat Patnaik
-National Herald Universal cash transfer to non-income tax households is imperative apart from covering investment on infrastructure, including social infrastructure like healthcare A striking aspect of the 24 per cent decline in GDP in the first quarter of 2020-21 compared to the previous year’s first quarter is the decline by 10.3 per cent in public administration, defence and other public services. This is a sector where the GDP is estimated not by...
More »On PM Modi's birthday, students fry pakodas, polish shoes to protest unemployment -Satyajeet Kumar
-IndiaToday.in NSUI, AISA and other student organisations held demonstrations to pull attention towards unemployment on the occassion of Prime Minister Narendra Modi's 70th birthday. Ranchi: NSUI and AISA along with other student organisations celebrated Prime Minister Narendra Modi's 70th birthday in a way so as to pull the country's attention towards the issue of unemployment. The NSUI alleges that the unemployment menace has not only afflicted pain to youngsters but has also shattered...
More »An economic disaster foretold -Amit Bhaduri and Deepankar Basu
-The Hindu The reported contraction of the economy is likely an underestimate for reasons of omission and commission According to data released by the Ministry of Statistics and Programme Implementation of the Government of India on August 31, 2020, real quarterly GDP contracted by a whopping 23.9% between April-June 2019 and April-June 2020. This magnitude of real GDP decline is unprecedented since the country started publishing quarterly GDP estimates in 1996. This...
More »Opencast expansion at Chhattisgarh mine violates NGT order -Ishan Kukreti
-Down to Earth The EAC recommended that the coal mine be expanded to 1.5 million tonnes per annum (MTPA) from 1 MTPA through opencast method A central expert appraisal committee (EAC) has okayed the expansion of a Chhattisgarh coal mine, which is in violation of a National Green Tribunal (NGT) order. Gare Palma IV-4 can produce 1.5 million tonnes per annum (MTPA), up from 1 MTPA, through the open-cast method, recommended the EAC...
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