-The Hindu Business Line Fails to ease distress caused by demonetisation’ New Delhi: Terming the Union Budget 2017-18, presented by Finance Minister Arun Jaitley, as detrimental to the realisation of the welfare State, as enshrined in the Constitution, civil rights organisations said it “fails to respond to the present situation of distress and unemployment especially aggravated by demonetisation.” “The Budget seems to be perpetuating unemployment, hunger and malnutrition,” said a release by the...

-Frontline.in Interview with Utsa Patnaik, professor emerita of economics, Jawaharlal Nehru University. By T.K. RAJALAKSHMI THE FALLOUT of the decision of the National Democratic Alliance government to demonetise currency of higher denominations has been felt across all sections of people. There are concerns that it will lead to an overall economic slowdown given the acute shortage of currency for industrial and agricultural operations. The impact on agriculture and those dependent on agriculture...

-Livemint.com International Fund for Agricultural Development calls on govts in the Asia-Pacific region to develop targeted policies and invest in promoting inclusive development of rural areas New Delhi: Inclusive rural transformation is essential to eliminate poverty and hunger and to build inclusive and sustainable societies, according to a report compiled by the International Fund for Agricultural Development (IFAD). The rural development report 2016, released in New Delhi on Monday, points out that policies,...

A recently released report shows that only a few enterprises belonging to the labour-intensive Micro, Small and Medium Enterprises (MSME) sector could take advantage of the 205 number of public schemes (available in October 2015) of various Ministries or Departments of the Government, as listed at the website www.clusterobservatory.in.   (Please click here to access the report on MSMEs and the challenges they face). Prepared by the Foundation for MSME Clusters...

-The Hindu Business Line Despite a recent crackdown, employers continue to wield power in the child labour racket Rajan (name changed) is nowhere to be seen. About a month ago, the 12-year-old and his younger brother Yash (name changed) were working at a roadside tea stall located on one of the busiest roads in the financial capital of Gujarat. The tea stall, as claimed by the boy, was owned by his 'uncle'...