-The Telegraph New Delhi: India is no longer the fastest-growing major economy in the world: it has lost its bragging rights to China. The Central Statistics Office (CSO) today put out its provisional estimates on national income that showed real GDP growth had tumbled to 6.1 per cent in the fourth quarter (January-March). That is considerably slower than the 6.9 per cent growth that the resurgent Chinese economy racked up during the same...
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Job creation in high-growth India should be a top priority -Harsh Mander
-Hindustan Times There are almost no jobs available in India’s high-growth economy. Job creation has plummeted to levels even below those of preceding UPA governments. Of the one million new people who join the workforce every month, only 0.01% of new workers added to the work force actually found work. For millions of young voters Prime Minister Modi’s most alluring election promise in 2014 was that his government would create ten million...
More »Rich-poor divide in India widening as economy grows: Report -Chetan Chauhan
-Hindustan Times A new report examining 25 years of India’s economic liberalisation says exclusion of a large section of Dalits and Muslims have not gained adequately from the growth unlike more influential empowered sections of the society As India’s economy grew rapidly, the inequality between the richest and the poorest rose, the number of landless farmers increased and employment generation was lowest in 2015, says a new report examining 25 years...
More »Baseless Aadhaar and its many flaws: When the poor lose their thumb prints -Osama Manzar & Eshita Mukherjee
-Business Standard When machines don't recognise their thumb prints, Aadhaar turns into a device of exclusion Wardi Devi, a senior citizen, hails from a remote town of Rajasthan. She’s tried to enrol for the Aadhaar thrice and even paid Rs. 150 and Rs. 50 to agents while making the first two attempts. Tired of coughing out her hard earned money from her meagre wages, she refused to pay anything the third time....
More »A mango plantation in Jharkhand shows how MGNREGA can really empower rural families -Inayat Sabhikhi
-Scroll.in Instead of wages for a short period of time, the family running the project in Lanka village will create an asset for life. Mahavir Parhaiya’s household in the remote village of Lanka in Latehar district of Jharkhand is bustling with activity. They are busy working on setting up a mango plantation on what was once a barren plot near their house, under the Mahatma Gandhi National Rural Employment Guarantee Act...
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