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Every 3rd Indian migrant, most headed south -Zeeshan Shaikh

-The Indian Express Census 2011 data shows a 98% increase in Tamil Nadu’s migrant population, 77% in Kerala’s; 69% of migrants are women . MIGRATION patterns in India are increasingly reflecting the economic divide in the country, with more migrants over the last decade heading to the southern states, which have grown at a faster clip during this period. According to Census data released on Thursday, southern states, especially Tamil Nadu and Kerala,...

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Modi govt yet to match UPA's economic record -Krishna Kant

-Business Standard GDP the only variable where the current government has kept pace with the previous one Mumbai: The Narendra Modi government needs to grow economy at twice the speed in its second term to catch up with the economic performance of the previous United Progressive Alliance-II (UPA-II) government and even faster if it wishes to trounce UPA-I’s record. For example, the manufacturing sector needs to grow at a compounded annual Growth rate...

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Crop insurance plan pays off as 9 lakh farmers enrol under PMFBY in Karnataka -Sharan Poovanna

-Livemint.com To increase farmers’ enrolment in the PMFBY, the Karnataka government started deducting compulsory insurance premiums for almost all crop loans disbursed Bengaluru: The Karnataka government’s initiatives to enrol more farmers under the Pradhan Mantri Fasal Bhima Yojana (PMFBY)—to ensure continued Central assistance to help mitigate the economic impact of deficient rainfalls and resulting crop damage—seems to have paid off as the number of enrolments in the state during the Kharif...

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M Govinda Rao, ex-Director, National Institute of Public Finance and Policy (2003-13), interviewed by S Rajendran (The Hindu)

-The Hindu Centre for Politics and Public Policy Prime Minister Narendra Modi's announcement demonetising high denomination notes on November 8, 2016, will do little to address the prime objective of flushing out black money but will adversely affect the economy in the short term, especially the informal sector, which is predominant in India, says M. Govinda Rao, a Member of the Fourteenth Finance Commission and Emeritus Professor, National Institute of Public...

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It Is Time to Address India's Abysmal Job Creation Record -Pradeep S Mehta & Amol Kulkarni

-TheWire.in More than 550 jobs were lost each day in the last four years in India, placing it behind Bangladesh and Vietnam in terms of job creation. The sheer pressure of poverty means that job creation will always be high on the agenda of any government. In India, significant public resources have been invested to encash the demographic dividend and prevent it from becoming a burden. But the results have been far...

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