-The Business Standard The rural non-farm sector has emerged as India's largest job creator since 2000 and needs to play a pivotal role in our structural transformation Job creation has to be a pressing priority for any new government. But it is worthwhile trying to understand the nature of our employment challenge. The unemployment rate, as understood in the Organisation for Economic Co-operation and Development (OECD) world, is not a very useful indicator...

-The Times of India KOLKATA: Prices of air-conditioners and refrigerators will increase by between Rs 3,500 and Rs 5,500 as early as next week due to stricter energy rating norms that will push up production costs. The Bureau of Energy Efficiency (BEE), the statutory energy conservation body under the power ministry, has tightened energy norms for air-conditioners by one level and those for refrigerators by two levels. This means, an existing five-star...

-The Hindu It is the only sector that can create jobs and prevent the economic crisis from deepening In the last two decades, the Indian economy has witnessed a transformational change to emerge as one of the fastest growing economies in the world. Economic reforms unveiled in 1991 have brought about a structural shift enabling the private sector to assume a much larger role in the economy. GDP growth has largely been...

-The Hindu Researchers at IIT-Madras have developed a hybrid solar-powered desalination plant that can serve areas suffering from severe drinking water shortage but have sea or brackish ground water. A solar photovoltaic panel is dovetailed to a power grid or a backup diesel generator that will power up during periods of weak sunshine and at night and keep producing water through a reverse osmosis plant. When the sun shines, the RO...

-The Hindu One of the most prominent features of India’s middle-class-driven public culture has been an obsession about our GDP growth rate, and a facile equation of that number with a sense of national achievement or impending arrival into affluence. In media headlines, political speeches, and everyday conversations, the GDP growth rate number — whether it is five per cent or eight per cent or whatever — has become a staple...