-The Hindu Centre for Politics and Public Policy As Prime Minister Narendra Modi completes four years in office this month, it is becoming increasingly clear that his government has fallen short on the promises made during the 2014 election campaign. The economy has performed below expectations, and some of the economic metrics today are weaker than what the country witnessed in the last years – labelled the ‘policy paralysis’ phase –...
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Tuticorin Sterlite Copper plant accounts for 40 per cent of country's copper: Will hit 800 units and jobs -Deepak Patel
-The Indian Express Tuticorin Sterlite Copper plant shutdown is also likely to impact India’s copper exports as around 1.6 lakh tonnes of Tuticorin plant’s production is sold internationally. The Tamil Nadu government’s decision Monday to shut down Vedanta Limited’s copper plant at Tuticorin, which accounts for a 40 per cent share in India’s annual copper production of 10 lakh tonnes, could have a downstream impact on around 800 small and medium units...
More »The Invisible Majority -Vedeika Shekhar
-The Indian Express Women form 80 per cent of urban migrants, but public policy is blind to their concerns. A recent UN report says India is on the “brink of an urban revolution”, as its population in towns and cities are expected to reach 600 million by 2031. Fuelled by migration, megacities of India (Delhi, Mumbai and Kolkata) will be among the largest urban concentrations in the world. Interestingly, the 2011 Census...
More »Job Growth or number jugglery -Arun Kumar
-The Indian Express The problem is under-employment. It won’t be resolved if the residually-employed are notionally shifted from the informal to formal sector. In an article in January, Soumya Kanti Ghosh and Pulak Ghosh (Ghosh and Ghosh) claimed that seven million new jobs have been created in the formal sector. Their claim is based on the increase in registration under the Employees Provident Fund (EPFO), National Pension Scheme and Employees State Insurance...
More »Rural income: looking beyond agriculture -Sanjay Kaul
-Livemint.com China’s example shows the benefits of the rural workforce shifting from the farm to the non-farm sector The government announced its ambitious dream of doubling farmers’ income by 2022-23 in 2015-16. Incomes would have to grow annually by 10.4% to double in seven years. The data on growth rates of farm income given by NITI Aayog in its policy paper on doubling farmers’ income shows that the real income of farmers has...
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