-The Hindu Business Line The government must simplify and rationalise GST, kickstart rural consumption, revive agriculture and tackle the lack of credit for capital creation, says former PM Former Prime Minister Manmohan Singh, an eminent economist himself, feels that the Narendra Modi-led government needs to come out of its habit of headline management and address the economic challenges which the country is facing today. “We cannot afford to deny that India is facing...
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How Consultative Has India's RCEP Strategy Really Been? -Albertina Almeida
-TheWire.in There is little doubt that the smaller stakeholders and businesses within India's informal economy have the most to lose, and yet their voices are not being heard. “Concluding RCEP [Regional Comprehensive Economic Partnership] this year is the region’s ‘collective interest and highest priority’”, trade ministers of the proposed pact are reported to have announced after their meeting in China in early August 2019. India was interestingly not represented by trade minister Piyush...
More »33% of India's skilled youth jobless: official survey -Ishan Anand & Anjana Thampi
-Livemint.com Four out of 10 youth who received vocational training are out of the labour force, and a significant chunk of those in the workforce remain unemployed Reiterating the government’s commitment to the 'Skill India' initiative in her maiden budget speech, India’s finance minister, Nirmala Sitharaman claimed that the government is enabling millions to take up industry-relevant skill training, boosting their job prospects. An analysis of the unit-level data from the Periodic Labour...
More »Dial 'M' for Manufacturing -Santosh Mehrotra & J Parida
-The Hindu The recent PLFS data, which show a historic decline in manufacturing employment, make one fact plain — India desperately needs a comprehensive industrial policy, absent since 1991 The Union Budget suggests that the government has not recognised the need to create more manufacturing jobs. For the first time ever, manufacturing jobs fell in absolute terms between 2011-12 and 2017-18, to quote the Periodic Labour Force Survey (PLFS) of the National...
More »Civil society activists condemn the statement by Rural Development Minister in Parliament on discontinuation of MGNREGA scheme
-Press statement by NREGA Sangharsh Morcha dated 19 July, 2019 While it is heartening that a discussion on rural development lasted for nine hours in Parliament with important issues on MGNREGA being raised, we are deeply disappointed at the statement of the Rural Development Minister that not only displays a lack of understanding of the program but also betrays the clear anti-poor sentiment of this government. On the central issue of inadequate...
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