-Newsclick.in The falling work participation rate shows that the economy is in deep crisis. Various other economic indicators show this as well. In a stark and chilling confirmation of what the whole country has known for some time, a govt. report shows that Indian workforce (those actually working) declined from about 54% of the working age population in 2011-12 to 51% in 2015-16. While the working age population increased by 2.9% per...
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Six steps to job creation -Santosh Mehrotra
-The Hindu It is crucial to align policy across sectors and upgrade the country’s social infrastructure In India’s highly segmented labour market, one can still discern at least three demographic groups that are in urgent need of jobs: a growing number of better educated youth; uneducated agricultural workers who wish to leave agricultural distress behind; and young women, who too are better educated than ever before. India is indeed the fastest growing large economy...
More »Yogendra Yadav, national president of the Swaraj India party, interviewed by Manas Roshan (Scroll.in)
-Scroll.in The Swaraj India leader says the economy needs a big boost in the rural areas and for small scale manufacturers. In July, Yogendra Yadav, the national president of the Swaraj India party, embarked on a nationwide movement accompanied by activists and hundreds of farmers. Under the banner of the All India Kisan Sangharsh Co-ordination Committee, a coalition of more than 150 farmer unions across the country, the yatra was planned...
More »What ails rural Rajasthan -Sudhir Kumar Suthar
-The Indian Express In zones of prosperity, agriculture faces crisis, jobs are few, social aspirations don’t match economic realities After Maharashtra and Madhya Pradesh, farmers from Rajasthan came out on the streets demanding loan waiver and implementation of the Swaminathan Committee report. Protesting against government policies and demanding their share in the country’s development, which they argue have been denied to them, the farmers have shown unity across caste and class lines....
More »Demonetisation: The chronicle of a failure foretold -C Rammanohar Reddy
-Scroll.in Because the exercise was doomed to fail in its primary objective of rooting out black money, the government kept changing its aims. We have travelled a long way from November 8, 2016, when Prime Minister Narendra Modi told us that the black money held in Rs 500 and Rs 1,000 currency notes would become “worthless pieces of paper”. Now, we are told by the finance ministry that the government expected...
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