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Nothing to cheer about in Indian job market

-GoIMonitor.com Unemployment, irregular jobs and low salaries continue to hurt India while it continues to embrace labour reforms PRIME MINISTER Narendra Modi pitched for greater use of technology through an unusual equation ‘IT+IT= IT’ which had Internet in splits and Twitterartis trending #pinksliprevolution to underscore the impending layoffs in India’s famed IT sector. But the country’s unemployment saga lies far beyond the glass towers and high figure pay cheques. Around 77 per...

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Farmer suicides in India: myths versus realities -Roshan Kishore

-Livemint.com Farmers commit suicides less often than non-farmers but they are more likely to commit suicides because of economic distress compared to others With an ongoing petition in the Supreme Court on farmer suicides , and a growing clamour for farm loan waivers across several states of the country, the debate on farm suicides in India seems to be heating up once again. Several commentators and researchers have claimed for long that farmers...

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The 'public' in public health -Vani S Kulkarni

-The Hindu The discourse must move beyond a top-down approach to listen to the people and formulate best insurance practices Much ink has been spilled in documenting the inadequacy of budgetary allocations for public health insurance, specifically for the Rashtriya Swasthya Bima Yojana (RSBY), the world’s largest publicly-funded health insurance (PFHI) scheme. Though the 2017-18 budget allocation has marginally increased from last year’s revised estimates, it has declined relative to last year’s...

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New IIP series shows severe impact of demonetisation on manufacturing sector -Manas Chakravarty

-Livemint.com In the December-March of 2016-17 period, manufacturing growth was the lowest compared with the same period in the past five years, shows new IIP series The new Index of Industrial Production (IIP) series, with the base revised to 2011-12, tells us that, in the period December-March of 2016-17, manufacturing growth was the lowest compared with the same period in the past five years. This is very likely a result of the...

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Cash is back as digital payments dip on cost -TCA Sharad Raghavan

-The Hindu PoS devices’ demand falls on remonetisation, user charges Cash transactions are beginning to trump almost every form of digital payment alternative with April clocking a decline in volumes as well as value of transactions conducted through cards, mobile banking and the Unified Payment Interface (UPI). The trend assumes significance six months after the Centre announced demonetisation of ?500 and ?1,000 notes on November 8. The near-completion of the remonetisation process and merchants...

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