-The Hindu Lack of education at primary and secondary levels is seen as one of the main reasons The percentage of Muslim students in leading State and Central universities of West Bengal is abysmally low, revealed the sixth All India Survey on Higher Education (AISHE) for the year 2015-16. The report, prepared by the Ministry of Human Resource Development, was released on Monday. Among the elite institutions that could not enrol any Muslim...
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1.5 Million Jobs Lost During First Four Months of 2017, Says CMIE
-TheWire.in While this is likely a side-effect of demonetisation, more research is needed to unpack how India’s unemployment rate fell in January-April 2017. New Delhi: The Modi government’s demonetisation decision may have resulted in the loss of roughly 1.5 million jobs, according to new survey data put out by the Centre for Monitoring Indian Economy (CMIE). CMIE’s data is based on the result of consecutive waves of household surveys performed from January 2016...
More »Economics, not religion, drives ownership of cattle in India -Roshan Kishore and Ishan Anand
-Livemint.com For same wealth levels, chances of owning cattle are more or less the same for Hindus and Muslims Given the increasing incidents of violence under the garb of cow protection in the country—these are driven largely by the belief that Muslims engage with the cattle economy mostly for meat (as butchers, commission agents or beef eaters)—it makes sense to view the cattle economy in the country through the prism of religion. An...
More »MGNREGA wages less than minimum farm wages in 15 states: Panel -Shalini Nair
-The Indian Express As per data being examined by the committee, the minimum wages paid to agricultural workers are significantly higher than MGNREGA wages in Karnataka, Punjab, Jharkhand, Uttarakhand, West Bengal, Mizoram, and Andaman and the Nicobar Islands. THE COMMITTEE for revision of wages paid under the Mahatma Gandhi National Rural Employment Generation Act (MGNREGA) has found that minimum agricultural wages are higher than MGNREGA wages in 15 states. An upward revision...
More »Declining bank credit indicates poor economic performance
Apart from gross domestic product (GDP) and gross value added (GVA), another indicator which shows whether an economy is thriving or stagnating is the growth in bank credit. Credit is a critical input in the production of goods and services. It is generally the case that during prosperous times, economic actors, who are engaged in different sectors or in various industry, take up bank loans to invest. The provisional data...
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