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Modi government plans universal social security for workers -Arindam Majumder

-Business Standard Scheme to benefit close to 450 million workers, mainly in the unorganised sector  Stung by repeated resistance from trade unions and strikes, the Narendra Modi government plans to launch a massive social security coverage scheme which will benefit almost 450 million workers, mainly in the unorganised sector. In order to achieve this, the government will attempt to create a corpus through which the benefits will be provided. The benefits include...

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Crop Burning: Punjab and Haryana's killer fields -Polash Mukerjee

-Down to Earth Punjab produces about 19-20 million tonnes of paddy straw and about 85-90 per cent of this paddy straw is burnt in the field Burning of agricultural biomass residue, or Crop Residue Burning (CRB) has been identified as a major health hazard. In addition to causing exposure to extremely high levels of Particulate Matter concentration to people in the immediate vicinity, it is also a major regional source of...

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India's rural transformation: A myth or reality? -Pramit Bhattacharya

-Livemint.com The transformation of the Indian countryside has been slow and messy One of the celebrated success stories of India’s growth experience over the past decade was the rapid transformation of the countryside, with a massive shift in the rural Labour market away from farm jobs. Two Labour economists have now challenged the empirical foundations of that success story, raising deep questions on the nature and scale of that transformation. Their research also...

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Indian MSMEs yet to reap the benefit of Govt. schemes, says a recent report

A recently released report shows that only a few enterprises belonging to the Labour-intensive Micro, Small and Medium Enterprises (MSME) sector could take advantage of the 205 number of public schemes (available in October 2015) of various Ministries or Departments of the Government, as listed at the website www.clusterobservatory.in.   (Please click here to access the report on MSMEs and the challenges they face). Prepared by the Foundation for MSME Clusters...

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How's the economy really doing? -TCA Sharad Raghavan

-The Hindu There are multiple ways to arrive at an answer, but each metric points in a different direction. If someone asks you how the Indian economy is doing, how would you answer? Would you say that the Gross Domestic Product and Gross Value Added (GVA) are both above 7 per cent, and so the economy is growing strongly? Or would you say that the Index of Industrial Production (IIP) has contracted for two straight...

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