-Livemint.com One of the key trends underlying huge concentration of wealth and incomes is the increasing return to capital versus labour Given the demonetisation undertaken by the government in November 2016, the current budget was presented at a historic moment in the Indian economy. To understand the government’s emphasis on the rural economy, we have to understand a key narrative that must influence economic policies in democratic countries. As several governments in developed...
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Sikkim the best place to work for women, Delhi at bottom of list: Report
-PTI Washington: Tiny northeastern state of Sikkim has the best working conditions for women, while national capital Delhi fared the lowest, according to a report. The report released by the Centre for Strategic and International Studies (CSIS), a top American think-tank, and Nathan Associates, gave Sikkim the highest possible 40 points while Delhi received just 8.5. The states were ranked according to four primary factors -- legal restrictions on women’s working hours in...
More »Farmers in parched India village use crowdfunding to build canal -Saritha Rai
-Bloomberg When farmers in the scorched village of Horti in Western India were struggling to raise money for a canal, they turned to an unlikely source: a crowdfunding website called FuelADream. The farmers had never heard of crowdfunding before, but a local non-profit group suggested the site and helped them write a proposal that explained how a canal would help feed local families. Within weeks, they had raised Rs 300,000 ($4,490) from...
More »Skill India needs a Tell India: We need to match skills with real jobs
-Hindustan Times It is almost a year since the launch of the Pradhan Mantri Kaushal Vikas Yojana (PMKVY), or the Skill India mission, with the aim of giving as many as 2.4 million young Indians industry-relevant training with an elaborate certification scheme. One year is too short a time to assess true progress in a bureaucracy-driven system of the kind India has, but, given the NDA’s earnestness to create jobs by...
More »Highlights of Union Budget 2016-17
-The Hindu In case you missed the Budget, here's a round-up. Affirming that the economy is right on track, Finance Minister Arun Jaitley presented the Union Budget for 2016-17. Citing that the CPI inflation has come down to 5.4% from 9 plus, he said it is huge relief for the public. Tax Infrastructure and agriculture cess to be levied. Excise duty raised from 10 to 15 per cent on tobacco products other than beedis 1 per...
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