India has been striving to achieve 4% Growth Rate in farm output since the beginning of Ninth Five-Year Plan. However, actual Growth Rate has remained invariably lower than the targeted Growth Rate. Further, agriculture witnessed a sharp slowdown during mid-1990s to the middle of the first decade of 21st century. Annual Growth Rate in farm GDP declined to 2.4% a year during 1995-96 to 2004-05 from more than 3% in the...
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Pranab says losing sleep over rising subsidy bill
-PTI Faced with subdued revenue mop-up and rising fiscal deficit, Finance Minister Pranab Mukherjee today said he is "losing sleep" over mounting subsidy bill, which may cross Budget estimate by Rs 1 lakh crore in 2011-12. "As Finance Minister when I think of enormity of the subsidies to be provided, I lose my sleep. There is no doubt," said Mukherjee, who is engaged in the process of firming the Budget for 2012-13...
More »Govt set to ban all forms of child labour by Mahendra Kumar Singh
The government is considering to make changes in existing laws to abolish all forms of child labour under 18 years. A government panel has recommended amendment to Child Labour (Prohibition and Regulation) Act that makes distinction between hazardous and non-hazardous categories of work for children under 14 years. Child rights activists has been demanding for a revision in the definition of child labour to bring uniformity in all laws, and recognize all...
More »In Sikkim, earthquake or no earthquake, school must go on by Ratna Bharali Talukdar
On September 18, Bimola Rai’s world was reduced to rubble. A student of Class III in Bop village in Chungthang block of North District in Sikkim, a Himalayan border state, she was left traumatized when a devastating earthquake of 6.9 magnitude on the Richter scale, flattened her home and school building, located at an altitude of 5,500 feet. Today, Bimola joins 26 other children of her village to walk the four...
More »Elusive jobs by TK Rajalakshmi
It is getting harder for jobseekers to return to gainful employment and for new entrants to find adequate jobs, says the ILO. THERE is little in the International Labour Organisation's (ILO) annual projection of job growth to cheer about. The year 2012 has been described as a year of stark reality. A third of the global workforce is currently unemployed or poor; that is, 200 million members of the 3.3-billion-strong global...
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