Often exports made by a country to the rest of the world are seen in a positive light by us. It is because exports not only earn precious foreign currencies (that can be used for importing goods and services or simply be used for building forex reserves), it also helps in generating effective demand for goods and services produced in that country and hence, contributes to economic or GDP growth....
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A guide to flattening the curve of economic chaos -Jayati Ghosh
-The Hindu Well-thought-out policies can reverse the results of incompetence; the onus is on the Centre to spend now Now it is official: India has managed to become the global leader in the number of new daily cases of COVID-19 and the worst performing of all major economies during the pandemic so far. How did we manage this double feat? Not through ‘acts of god’, but because of the incompetence and apathy...
More »Panel proposes land pooling to corporatise agri, merging MNREGA with skilling programmes -Shyamlal Yadav
-The Indian Express The draft proposes that the land pooling model which is used in building greenfield airports can be used in agriculture to enable corporatisation, which will create demand for skilled labourers. A LAND pooling model enabling corporatisation of agriculture, opening up EPF and ESIC for the unorganised sector, merging the MNREGA with skill development programmes to create a wage subsidy programme —- these are some of the proposals that have...
More »Jobs or doles: which is the way forward? -Mahendra Dev & Pronab Sen
-The Hindu Governments can provide direct cash transfers while creating conditions for employment With the Congress promising through the Nyuntam Aay Yojana (NYAY) scheme ?6,000 every month to the poorest 20% of households if voted to power, Mahendra Dev and Pronab Sen talk of the importance and problems of direct cash transfers. Providing social protection is important even as governments try to create conditions for income-generating activities, they say in a discussion...
More »Mega survey to track jobs in small companies starts in April -Yogima Seth Sharma & Kirtika Suneja
-The Economic Times NEW DELHI: The government will have a brand new set of employment numbers to flash before the next general elections in 2019, which will highlight job creation. Under the first of its kind massive survey, which starts on the first week of April, the government wants to track employment generation in micro, small and medium enterprises that are currently out of the coverage of the social security net. The survey...
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