Generally, economists refer to indicators like Worker Population Ratio (WPR), Labour Force Participation Rate (LFPR) and Unemployment Rate (UR) in order to assess the extent of joblessness and work related precarity at a particular period of time in a certain geographical area. However, there are other indicators too, which can help in understanding the job situation, livelihoods security and vulnerability of workers in a better way such as 'percentage distribution...
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Can solar pumps save groundwater while cutting debt of power cos? -Akshita Sharma
-Down to Earth Incentivising farmers to sell solar power as a remunerative crop can help reduce the usage of diesel pumps The irrigation-energy nexus in India's agriculture sector is characterised primarily by depleting groundwater and a growing debt burden of power distribution companies (DISCOM). This is due to massive power subsidies that remain underfunded by the states. The Government of India (GoI) has been promoting solar irrigation pumps by offering substantial investment...
More »Modi govt’s monetisation scheme is nothing but a scam being paraded as a plan, cleverly camouflaged in jargon -CP Chandrasekhar
-National Herald It is a scheme to engineer a transfer of income and wealth to those at the apex of the wealth pyramid. It is just a way to hand over wealth created with public money over decades to corporates Camouflaged In jargon that speaks of ‘monetisation of de-risked assets’, the BJP-led NDA government has announced its plan to sell out India’s public sector. In that plan, assets ranging from roads, ports,...
More »The lure of 10 million jobs a year -Richard Mahapatra
-Down to Earth Employment in agriculture has increased. Will it lead to shed the belief that agriculture will not be able to employ further? The latest data of the Centre for Monitoring Indian Economy (CMIE), a non-government research agency, points out an interesting trend in employment in India. An increasing number of people are joining agriculture for employment in a shift from non-farm sectors like manufacturing and other informal jobs. The CMIE analysis...
More »Centre to farm out assets to private sector to raise Rs 6 lakh cr
-The Telegraph Roads and railway assets will unlock the greatest value with the estimates put at Rs 1.62 lakh crore and Rs 1.52 lakh crore, respectively The Narendra Modi government plans to farm out a vast trove of assets to the private sector over the next four years to raise Rs 6 lakh crore through an elaborate asset monetisation exercise. “This is not a fire sale of government assets,” Niti Aayog vice-chairman Rajiv...
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