-The Hindu For jobs to grow, consumer demand has to improve consistently. This can only happen with an industrial policy, which India has not had since 1991 There will be no demographic dividend without growth in industrial and service sector jobs. The underlying logic behind a dividend is that as jobs grow, incomes rise and so do savings. Based on higher savings, the investment rate to GDP grows, resulting in faster GDP...
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No jobs in sight: There is a mounting employment crisis in India -Harsh Mander
-The Indian Express There is a mounting employment crisis in India. The current growth model, built on large private investments, cannot address the problem. Union Minister Ram Vilas Paswan raised many hackles with his demand for affirmative action or job reservations for Scheduled Caste and Scheduled Tribe candidates in the private sector. He suggested that “providing quota in private jobs will help cool down anger among SC and STs”, thereby stemming...
More »From Plate to Plough: Raising farmers’ income by 2022 -Ashok Gulati & Shweta Saini
-The Indian Express The picture is completed by the Pradhan Mantri Fasal Bima Yojana (crop insurance) and e-market platform that he is going to launch on April 14. For the last two months, the Narendra Modi government seems to have gone into an overdrive to appease farmers. Several farmer rallies have been organised and the common theme has been the PM’s “dream” to double the incomes of farmers by 2022. According to...
More »New crop insurance scheme will cover 50% of farmers: Jaitley -Deepa Nair
-The Hindu Business Line Mumbai: The newly-launched Pradhan Mantri Fasal Bima Yojana (PMFBY) will bring about 50 per cent of India’s farmers in the crop insurance net and help reduce the prevailing distress in the agriculture sector, according to Finance Minister Arun Jaitley. PMFBY is distinct from all earlier schemes in the sense that it not only takes the number of insured farmers to a higher level (from 20 per cent earlier...
More »Budget outlays too small to effectively run welfare schemes, say social activists
-Scroll.in Activists also challenge the government's proposal to make Aadhaar mandatory for social schemes. Soon after the Budget was presented in the Parliament on February 29, Prime Minister Narendra Modi described its provisions as pro-poor, pro-farmer and pro-village. But two weeks on, seven grassroots campaigns working on the right to food, public health, education, sanitation, and the rural employment guarantee programme said that the Budget will fail to sustain existing welfare schemes. In...
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