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18.6 million without jobs in India this year, unemployment rate to stand at 3.5 per cent in 2019

-India Today According to its latest report by ILO, India has an estimated 18.6 million jobless in the country this year which will increase to 18.9 million in 2019 Many would argue that the core objective behind education is to gainful employability. They are not far from the truth. Indeed, many organizations that evaluate the return on investment in education do so on the basis of the employability quotient. The Data with regard...

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CAG 'deliberately delaying' report on Rafale deal, demonetisation: Former bureaucrats

-The Economic Times NEW DELHI: Sixty retired bureaucrats have written to the CAG expressing concern over audit reports on demonetisation and the Rafale deal being "deliberately" delayed to not "embarrass" the NDA government till next year's general elections. In a letter, they said there was concern over the "unconscionable" and "unwarranted delay" in bringing out the audit reports on demonetisation and the Rafale fighter jet deal, and the reports should be...

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Under Modi's Crop Insurance Scheme, Premiums up 350% But Farmers' Coverage Stagnant -Kabir Agarwal and Dheeraj Mishra

-TheWire.in Premium collected by insurance companies has increased by Rs 36,848 crore, while the number of farmers covered has increased only by 0.42%, according to RTI Data obtained by The Wire. New Delhi: In January 2016, Prime Minister Narendra Modi launched a revamped crop insurance scheme, his government’s flagship scheme for farmers, the Pradhan Mantri Fasal Bima Yojana (PMFBY). It would “bring about a major transformation in the lives of farmers”, Modi...

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Demonetisation, GST held back growth: Raghuram Rajan

-PTI Says 7% growth not enough; centralisation of power a problem. Demonetisation and the Goods and Services Tax (GST) are the two major headwinds that held back India’s economic growth last year, former RBI governor Raghuram Rajan has said, asserting that the current 7% growth rate is not enough to meet the country’s needs. Addressing an audience at the University of California in Berkeley on Friday, Rajan said for four years — 2012...

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Groundwater depletion alarming in northwest, central India -R Prasad

-The Hindu Natural recharge during monsoon may not help much if groundwater depletion becomes acute, as rainfall of past years controls current storage With 230 billion metre cube of groundwater drawn out each year for irrigating agriculture lands in India, many parts of the country are experiencing rapid depletion of groundwater. The total estimated groundwater depletion in India is in the range of 122–199 billion metre cube. The Indo-Gangetic Plain, northwestern, central and...

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