-Live Mint High growth hasn’t led to more jobs The years between 2004-05 and 2009-10 saw some of the highest rates of gross domestic product (GDP) growth for India. The problem, however, is that this high growth hasn’t led to more jobs. Employment elasticity—which is a measure of how employment varies with economic output—has come down dramatically. The Planning Commission says that employment elasticity has come down “from 0.44 in the first half...
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Low Cost Sanitation Scheme Extended to 12th Plan
-Outlook Government today approved the proposal to extend the ongoing scheme for erdication of dry toilets in urban areas into the 12th Five Year Plan with revised features and cost estimates. According to the decision approved by the Cabinet Committee on Economic Affairs, Government would extend the financial support to the state governments for the Integrated Low Cost Sanitation Scheme. The estimated cost for running the programme of the Ministry of Housing and...
More »The New Wave Of Energy-Yashodhara Dasgupta
-Business World Wind, water and the sun can help India cut dependence on coal and gas For India, energy security has never seemed more real, more urgent than now. Forty per cent of the country’s 1.2-billion populace is yet to have access to electricity. Even those getting grid supply suffer poor quality of power. Towns see power cuts more than half the day. The country’s energy deficit, according to the Central Electricity...
More »Fighting against starvation -Samar Khurshid
-The Hindustan Times India contributes more hungry people to the world each year than all other countries put together, and despite efforts, new figures suggest that hunger is far from contained - in fact we are worse off than we were more than a decade ago. According to the Global Hunger Index 2012, recently released by the International Food Policy Research Institute (IFPRI). India's rating was 22.6 in '96, 24.2 in '01...
More »FM's reform push resisted from within -Chetan Chauhan
-The Hindustan Times Finance minister P Chidambaram’s grand plan to redefine how the Centre spends its funds through state governments is facing stiff opposition from within, pushing the Planning Commission to seek the cabinet’s views on the proposal. The Centre disburses billions of rupees to states for achieving national developmental goals, but its effective use remains an area of concern. Though the Planning Commission had suggested reforms, Chidambaram — in a...
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