-DNA The government's lack of focus on agriculture shows its lopsided priorities. In the coming months, about 1.5 crore farmers who quit agriculture in the past seven years, are likely to trudge back into the villages. In normal circumstances such a massive reverse migration - from the cities back to the villages - would have been a sign of inclusive growth. But economists are taking this U-turn as a sign of...
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Centre issues directive for 150 days work under MGNREGA for STs in forest areas
-ANI The move will benefit about eight lakh people in the states like Jharkhand, Odisha, Chhattisgarh and Andhra Pradesh. Ministry of Rural Development has issued a directive to provide 150 days of wage employment under Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) for Scheduled Tribe households living in forest areas. The move will benefit about eight lakh people in the states like Jharkhand, Odisha, Chhattisgarh and Andhra Pradesh. The additional 50 days of...
More »Non-farm jobs to shrink by 25 pc in 7 years: CRISIL
-The Hindu Chennai: In an indication of poor economic growth taking its toll on the job market, an estimated 12 million people may be forced to look for low-quality, low productivity rural or agriculture jobs over seven years, a reversal of old trend of migration from farm to non-farm employment opportunities, pointed out a report of CRISIL Research. Job generation in the non-farm sector will slow down sharply in the coming...
More »Low growth may turn jobseekers back to farm sector: Crisil report -Remya Nair and Kirthi V Rao
-Live Mint Non-farm employment will increase by only 38 mn in financial years 2012-19, compared with 52 mn in FY 2005-12 New Delhi: The slowing economy will result in fewer jobs being added to industry and services in the next seven years and more workers moving back to farming, Crisil Research said in a report on Tuesday, indicating job creation will remain a key concern for the next government. Non-farm employment will increase...
More »A case for universal pension -Jayati Ghosh
-Frontline In a situation of increasing life expectancy and crumbling traditional support structures, a universal social pension scheme that does not rely on contribution by a person or an employer can help the elderly. INDIA prides itself on being a "young" society, likely to benefit from a demographic dividend as children and young people move into working age groups over the next decade. This optimistic view assumes that society will be able...
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