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Teach them to fish

-The Financial Express     MGNREGS fails to deliver on even its own targets   Given how less than a tenth of households applying for jobs under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) have ended up getting the guaranteed 100 days of workin FY14-the figure was 14.5% in FY09-it is obvious the scheme is failing under even its own stated goals. At a time when both economic growth and jobs creation is...

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The poor never had it so good -Subir Roy

-The Business Standard The dominant theme in the pre-election discourse is that misrule by the United Progressive Alliance (UPA) in its second term has led to sharply lower growth of gross domestic product (GDP), which Narendra Modi will reverse, the way he has made Gujarat shine. But the evidence on hand does not support this correlation between the quality of national political leadership and growth performance. If anything, there is...

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Job creation-A counter-intuitive model-Rajiv Lall

-The Business Standard The rural non-farm sector has emerged as India's largest job creator since 2000 and needs to play a pivotal role in our structural transformation Job creation has to be a pressing priority for any new government. But it is worthwhile trying to understand the nature of our employment challenge. The unemployment rate, as understood in the Organisation for Economic Co-operation and Development (OECD) world, is not a very useful indicator...

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Young and jobless -Jitendra

-Down to Earth Across the globe, unemployment is growing three times faster among youngsters than among those above 24 years of age The good news is that economies the world over are set to grow. The bad news is that the growth will not be able to check unemployment that has been rising steadily since the 2008 global financial crisis. Over 202 million people were jobless worldwide in 2013, which is 25...

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India’s maids are ‘invisible’, exploited and abused: ILO- Nita Bhalla

-Reuters   The number of maids has surged by close to 70% from 2001 to 2010, says the ILO New Delhi: Millions of maids working in middle class Indian homes are part of up an informal and "invisible" workforce where they are abused and exploited due to a lack of legislation to protect them, the International Labour Organization (ILO) said on Wednesday. Economic reforms that began in the early 1990s have transformed the...

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