-Livemint.com India continues to have high stunting levels, despite impressive Growth New Delhi: India has earned a lot of praise from leaders of international economic institutions and forums for being the fastest growing economy in the world in recent years. This might not be the case when world capitalist leaders meet in Davos for the 2017 World Economic Forum in January next year. Jim Yong Kim, the World Bank’s president, has...
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Reducing inequality essential to end extreme poverty by 2030: World Bank
-Down to Earth A new report by the World Bank finds that extreme poverty is falling globally A new World Bank study on poverty and shared prosperity says that extreme poverty continues to fall worldwide despite the lethargic state of the global economy. However, the report warns that given projected Growth trends, reducing high inequality may be necessary for reaching the goal of ending extreme poverty by 2030. In 60 out of the...
More »Joblessness at 5-year high, reveals survey -Subodh Varma
-The Times of India NEW DELHI: Joblessness in India is running at a five-year high of 5% of the 15-plus-years work force. Over a third of working people are employed for less than a year and 68% of households are earning up to only Rs 10,000 per month, according to a new employment-unemployment (EU) survey report conducted by the Labour Bureau. Over 7.8 lakh persons in 1.6 lakh households were surveyed across...
More »Pulses production: Glorious moment for India; here's why -Usha Tuteja and Vishal Dagar
-The Financial Express There are several facets to India’s weak pulse economy. Nevertheless, it is a glorious moment for the country as pulse production is expected around 22 million tonnes in FY17 surpassing all previous records. According to the initial estimates of the agriculture ministry, kharif production will reach 8.2 million tonnes against 5.4 million tonnes recorded in the last fiscal. This would be possible due to higher allocation of land to...
More »India's unemployment rate highest in 5 years in 2015-16
-PTI The figures could be an alarm bell for BJP-ruled government at the Centre, which has taken a series of steps such as 'Make in India' to create jobs for inclusive Growth in the country. Unemployment rate in India has shot up to a five-year high of 5 per cent in 2015-16, with the figure significantly higher at 8.7 per cent for women as compared to 4.3 per cent for men,...
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