-The Hindustan Times In 2009, when India faced its worst drought in three decades, the country managed to produce a million more tonne of foodgrains than it did in 2007, a normal year. That's both an achievement and a failure. It's not enough to grow more food - as India has been able to do - but to distribute it well, which the country hasn't accomplished. The UPA's flagship food security bill...
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Laws blamed for job crunch
-The Telegraph India is not creating enough productive Jobs — and the spirit of enterprise is being strangled by excessive and onerous labour laws. The Economic Survey tabled in Parliament today said: “India has to focus on an agenda to create productive Jobs outside agriculture, which will help us reap the demographic dividend and also improve livelihoods in agriculture.” The survey, which singled out job creation for special mention with an entire chapter...
More »Economic Survey 2012-13 highlights
-IANS Highlights of the Economic Survey 2012-13 tabled in parliament by Finance Minister P. Chidambaram Wednesday. * GDP growth to remain between 6.1 percent to 6.7 percent in 2013-14 * WPI inflation to moderate in the range of 6.2 percent to 6.6 percent * Economy estimated to grow at 5 percent in 2012-13 after growing by 6.2 percent in previous year * Poor show of services sector contributed significantly to slowdown * Global as well as...
More »Agriculture sector performs well
-The Hindu Despite agriculture and allied activities accounting for only 14.1 per cent of the GDP in 2011-12, the Economic Survey recognises the sector’s role in the country’s economy as ‘much bigger’ with its share in total employment being as high as 58.2 per cent. Fast agriculture growth and reforms in the sector remain vital for Jobs, income and food security, the Survey notes, while reinforcing the need for setting the growth...
More »Massive irregularities in rural Jobs scheme in UP: Jairam
-PTI Lalitpur (UP): Union Minister for Rural Development Jairam Ramesh on Monday alleged massive irregularities in the implementation of the Mahatma Gandhi National Rural Employee Guarantee Scheme in seven districts of Uttar Pradesh and demanded a CBI probe into it. The Union Minister claimed that neither the previous Mayawati regime nor the present Akhilesh Yadav Government has recommended CBI probe into MNREGS irregularities in spite of his repeated appeals. “There had been massive...
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