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End labour informality

-The Hindu   The World of Work Report 2014 catalogues the impressive strides developing countries are making to catch up with advanced nations. But the International Labour Organisation study also contains important caveats on the cost from continuing sharp inequalities. Per capita income has grown on average by 3.3 per cent per annum in 140 countries over the past three decades, as against 1.8 per cent in the advanced economies. But this...

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Farmers look for green shoots-Ajay Vir Jakhar

-The Business Standard     They were unimpressed by the UPA's misguided socialism, but they worry about the new regime's free-market orientation too Consider this paradox. The Congress Party-led United Progressive Alliance (UPA) was decimated in the elections in spite of several years of good monsoon and rising agricultural production. Consider another paradox. This was the regime that implemented policies that were presumed to be pro-farmer: the Mahatma Gandhi National Rural Employment Guarantee Act, the...

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NREGA is good but it may be tweaked, says Munde

-The Hindustan Times     On the first day on his job, rural development minister Gopinath Munde hinted that the Modi government could go for restructuring of the rural job scheme NREGA.   He also defended the land acquisition bill saying it was not against industrialisation and urbanization.   Talking to reporters after taking charge on Tuesday, he said he liked NREGA but it needed changes. "This scheme is best for villages. Basically, people get employment, but proper...

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Inclusive growth, an exaggerated claim -Raghav Gaiha, Manoj K Pandey and Vani S Kulkarni

-The Hindu Business Line   Claims that the economic gap in India is being bridged are not borne out by NSS data Recent accounts of poverty reduction - especially during 2004-11- triggered by the release of the 68th round of the NSS data, have been euphoric. Growth acceleration not just resulted in more rapid poverty reduction over this period than during 1993-2004 but it was also more inclusive as the most disadvantaged groups,...

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Heading towards a cliff -Kundan Pandey

-Down to Earth   As India elects new government, the 12th Five Year Plan may no longer be pro-poor MUCH hope is pinned on the 12th Five Year Plan that was declared as the first health Plan by Prime Minister Manmohan Singh. The United Progressive Alliance (UPA) government, while drafting the Plan, also termed it "pro-poor" and promised the maximum budget for social welfare schemes. But as the Plan comes into force this...

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