-Outlook Deputy director, ILO Decent Work Team for South Asia and Country Office for India, Sher Singh Verick on India’s high but “jobless” growth mystery Sher Singh Verick, deputy director, ILO Decent Work Team for South Asia and Country Office for India, strives to unravel India’s high but “jobless” growth mystery. Excerpts from an e-mail interview: * On high growth, low jobs Economic growth through investment, consumption and exports generally results in more jobs,...
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Foodgrain output set to touch record 135 million tonnes
-The Hindu Business Line Rice, pulses lead the production figures New Delhi: Foodgrain production in the on-going kharif season is expected to be at a record high of 135.03 million tonnes (mt) with a record output predicted for pulses and rice, according to production estimates released by the Agriculture Ministry. “This is higher than the previous record production by almost 4 million tonnes (about 9 per cent). The way farmers are working, in...
More »Plucking the low-hanging fruit of agricultural subsidy reform -Pravesh Sharma
-The Indian Express The Centre is pushing and many states are implementing Direct Benefit Transfers – and encountering little political opposition The entire focus on ushering in a direct benefit transfer (DBT) regime for delivering subsidies to the targeted populations has so far centered around cooking gas, and to some extent, on isolated pilot experiments with food subsidy. Agriculture subsidies, especially on inputs other than fertilisers, have largely escaped attention in...
More »Three ministries to join hands to 'drought-proof' India from October 2 -Aman Sharma
-The Economic Times NEW DELHI: The government's big plan to fight drought will be unveiled on Mahatma Gandhi's birthday on October 2, with three ministries on directions of the Prime Minister, joining hands to converge their schemes to 'drought-proof' vulnerable districts using technology. Narendra Modi, during meetings with the chief ministers of droughtaffected states earlier this year, had asked for a massive effort to be launched for water conservation and storage...
More »Poor sanitation cost India 5.2% of its GDP -Sushmita Sengupta
-Down to Earth Lack of access to sanitation wiped off US $106.7 billion from India's GDP in 2015. It is almost half of the total global losses A report—True cost of sanitation—was published jointly by the LIXIL Group Corporation, Water Aid and Oxford Economics recently. Oxford Economics mainly works on economic forecasting and modelling. It says that in 2015 lack of access to sanitation cost the global economy around US $ 222.9...
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