-Hindustan Times The Modi government is looking to address a worrying agrarian crisis with a set of schemes and Budget provisions aimed at ramping up the larger rural economy, rather than just the farm sector, people familiar with the development told HT. Budget 2015-2016 is likely to provide for a more effective Pradhan Mantri Krishi Sinchayin Yojana, a flagship scheme announced last year to create irrigation infrastructure, with substantially higher allocations. The...
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Can India beat this slowdown? -Jayan Jose Thomas
-The Hindu It is only due to the high rates of growth in the services sector that India’s overall economic growth appears robust. The world economy is so hard to predict. In 2008, as the global financial markets plunged into a crisis, high oil prices were considered to be one of the factors that caused it. Today, many fear that the world economy is on the edge of another recession. Guess what...
More »Lack of 'suitable' jobs holding back women employment -Ishan Bakshi
-Business Standard According to NSSO, employment surveys, women participation rates in India fell sharply after 2004-05 India ranks 120 among 131 countries on women labour participation, according to a report by International Labour Organization. Traditionally, this has been blamed on a culturally patriarchal society and rising family incomes that allow more women to stay at home. A new paper by World Bank economists blames a "jobs deficit" for the decline in female labour...
More »Cartel hoarding dal stocks abroad to jack up prices: IB -Dipak K Dash
-The Times of India NEW DELHI: The Intelligence Bureau (IB) has alerted the government about importers of pulses resorting to cartels to make a killing this year on red lentils (masoor). The report has named companies that are buying masoor in large quantities and cornering stocks in Canada, which is the largest exporter of red lentils to India. According to rough estimates, last year dal importers had reportedly made around Rs 3,500...
More »Think different on infrastructure
-The Hindu When the going gets tough, public investment must be stepped up to pump-prime a slow-moving economy facing uncertain headwinds of low Commodity Prices and faltering international trade. When the going is good, the private sector would also have a role to play, Finance Minister Arun Jaitley has said, vowing to ramp up infrastructure investments in 2016-17. Ten months ago, in his first Budget for a full financial year, Mr....
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