-The Hindu Stimulus measure to link pay to consumer price index with annual revision. Staring at a slump in rural demand and a slowdown in the rural economy, the Centre plans to inject more money into the UPA’s flagship Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) scheme by linking wages under the Act to an updated inflation index, which will be revised annually. It hopes this will increase wages, thus increasing...
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Farm panel chief raises concern over sale of banned glyphosate herbicide
-The Times of India BATHINDA: The Punjab agriculture and farmers welfare department had banned glyphosate herbicide in October 2018, but the chemical is still being sold by an e-commerce company. Taking note of that, Punjab State Farmers and Farm Labourers Commission chairman Ajay Vir Jakhar has tweeted to ask the e-commerce giant Amazon to stop selling glyphosate herbicide in Punjab. Jakhar tweeted: "Punjab banned sale and use of glyphosate. You sell and...
More »The problem of skilling India -Christophe Jaffrelot & Vihang Jumle
-The Indian Express India’s employment crisis calls for more government expenditure in education, adequate training. Prime Minister Narendra Modi, in his recent Independence Day speech, said, “We need to worry about population explosion”. These words stand in stark contrast to his previous references to India’s demographic dividend where the country’s population was seen as an asset. This shift reflects a new awareness, according to which demography brings a dividend only if...
More »RBI says lack of domestic demand affecting 'animal spirits' of economy
-The Hindu Reviving the consumption demand and private investment has assumed the highest priority in 2019-20, notes central bank report. Mumbai: The Reserve Bank of India (RBI), in its annual report for 2018-19, has said the lack of domestic demand is holding back the animal spirits in the economy and emphasised the need to revive consumption demand and private investment during 2019-20. “What ails the animal spirits? At the core is the...
More »Most regular jobs in India don't pay well: PLFS -Ishan Anand & Anjana Thampi
-Livemint.com Around 45% of salaried workers — the best-paid workers in India — earned less than Rs.10,000 per month, and only about 4% of them earned more than Rs.50,000 per month in 2017-18 The much-awaited report of the Periodic Labour Force Survey (PLFS) 2017-18 has highlighted the difficult job situation with 6.1% of India’s labour force, and 17.8% of young people (15-29 years) in the labour force reporting to be unemployed. The recently...
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