Ashish Bose coined the term BIMARU in a paper to then prime minister Rajiv Gandhi in the 1980s to highlight the economic backwardness of Bihar, Madhya Pradesh, Rajasthan and Uttar Pradesh. He tells Somesh Jha he is not inspired by the Planning Commission’s bogus poverty figures. He says it is time the commission wound up. Excerpts: * You coined the term 'BIMARU', but these states performed well in alleviating poverty in...
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UP to have 1cr unemployed youth by 2017: National Sample Survey Organisation -Arvind Singh Bisht
-The Times of India LUCKNOW: For the Akhilesh Yadav government, the burgeoning unemployment problem comes as a daunting challenge. The 66th round of the National Sample Survey Organisation (NSSO) report puts the projection of unemployed youth in Uttar Pradesh in the age group of 15-35 at whopping 1 crore by the end of the ongoing 12th Five Year Plan (2012-17). They will be in addition to the backlog of around 32...
More »The youth unemployment bill -Manish Sabharwal
-The Indian Express Why the proposed national minimum wage is the wrong answer to questions of unemployment and poverty The recent national labour conference - a trade union love fest with little real employer participation - demanded a national minimum wage. The trade union demand is a predictable positioning of narrow self-interest as national interest but the government's acceptance of their demand is unfair, delusional and economically stupid. Unfair, because it pampers a...
More »Working class of India, untie from nanny state
-The Economic Times Over the last decade the UPA government has tried to reduce poverty by legislating a regime of rights accompanied by the national rural employment guarantee (NREG) programme -spending Rs 1,70,000 crore on this strategy. This strategy would have been fine if the transformation of India from a strong currency, high growth and low inflation economy to aweak currency, low growth and high inflation economy had been accompanied by a...
More »Over 2,000 fewer farmers every day-P Sainath
-The Hindu The mistaken notion that the 53 per cent of India's population ‘dependent on agriculture' are all ‘farmers' leads many to dismiss the massive farmers' suicides as trivial There are nearly 15 million farmers (‘Main' cultivators) fewer than there were in 1991. Over 7.7 million less since 2001, as the latest Census data show. On average, that's about 2,035 farmers losing ‘Main Cultivator' status every single day for the last 20...
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