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Rangarajan defends poverty estimates

-PTI   The expert group headed by the former PMEAC Chairman estimated that the number of poor in India was much higher in 2011-12 at 29.5 % of the population Defending his calculation that three out of 10 in India are poor, former PMEAC Chairman C Rangarajan on Monday said poverty numbers provided by him are not conservative estimates and they are at par with global standards. The expert group headed by Dr. Rangarajan...

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Get over the growth fetish -Ashish Kothari

-The Hindu Business Line   Perpetual growth is a piece of nonsense. The focus should be on protecting livelihoods through sustainable means Construct a building, demolish it, reconstruct, break it down again, and go on repeating this meaningless exercise. You will have economic growth, as currently measured. But no net gain in employment during the endless cycle of construction and demolition, no net increase in productive capacity, and no appreciable change in poverty...

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Gap in school quality and quantity

-The Telegraph The increase in enrolment in primary education in South Asian countries between 2001 and 2010 has not been matched by an increase in learning outcome of children, threatening economic growth in the region, a World Bank report has said. The report titled Student Learning in South Asia has analysed several studies in areas of learning outcome and the link between poor quality primary education and its impact on economic growth. The...

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Modi govt eyes first labour overhaul to create jobs

-Reuters Prime Minister Narendra Modi has set in motion the first major revamp in decades of the archaic labour laws, part of a plan to revive the flagging economy, boost manufacturing and create millions of jobs. Successive governments have agreed labour reform is critical to absorb 200 million Indians reaching working age over the next two decades, but fears of an ugly union-led backlash and partisan politics have prevented changes to free...

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'Blacklisted' Donor Agency Funds Gujarat Government Projects -Sreenivasan Jain

-NDTV After the Intelligence Bureau controversially concluded that Greenpeace India is "a threat to national economic security", the government asked for tighter controls on moving funds from abroad into the NGO's accounts. NDTV has learnt that one of the blacklisted foreign donors, the U.S.-based Climate Works Foundation, has helped fund projects run by the government in Gujarat, the home state of Prime Minister Narendra Modi. The Intelligence Bureau said in its report...

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