-The Business Standard   Policy must target faster growth in labour-intensive sectors It was reported on Wednesday that a sample of large manufacturing companies saw their workforce grow at an average rate of almost three per cent every year over the past decade. Putting aside technical niceties such as the representativeness of the sample, to the extent that the companies covered are mostly market leaders in their respective sectors, this statistic is very...

-The Hindu Business Line   Claims that the economic gap in India is being bridged are not borne out by NSS data Recent accounts of poverty reduction - especially during 2004-11- triggered by the release of the 68th round of the NSS data, have been euphoric. Growth acceleration not just resulted in more rapid poverty reduction over this period than during 1993-2004 but it was also more inclusive as the most disadvantaged groups,...

-The United Nations   The global economy is expected to strengthen over the next two years, despite a downgrade of growth prospects for some developing countries and transition economies, and "stubbornly slow" job growth, according to the United Nations World Economic Situation and Prospects 2014 mid-year update launched today in New York. "More than five years after the financial crisis, the world continues to struggle with getting the global economic engine back to...

-Down to Earth   As India elects new government, the 12th Five Year Plan may no longer be pro-poor MUCH hope is pinned on the 12th Five Year Plan that was declared as the first health Plan by Prime Minister Manmohan Singh. The United Progressive Alliance (UPA) government, while drafting the Plan, also termed it "pro-poor" and promised the maximum budget for social welfare schemes. But as the Plan comes into force this...

-The Telegraph   Officials are set to propose to the Narendra Modi government that the UPA's blockbuster rural job scheme be restricted to select districts as the decision in 2008 to extend it to all districts was not required. The officials of the rural development ministry are expected to tell the new minister that the funds allocated for the implementation of Mahatma Gandhi National Rural Employment Act (MGNREGA) were not adequate for national...