-Live Mint NSSO data show that slower pace of jobs creation between 2004-05 and 2011-12 reflects a fall in distressed farm employment Tracing the pace of new jobs created in an economy, a key electoral issue, is a good indicator of inclusive and balanced growth. But in a developing country such as India, the nature of new employment is often as important as the total number of jobs created. The changes...
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Pulling manufacturing out of the rut-Arun Maira
-The Hindu It is the only sector that can create jobs and prevent the economic crisis from deepening In the last two decades, the Indian economy has witnessed a transformational change to emerge as one of the fastest growing economies in the world. Economic reforms unveiled in 1991 have brought about a structural shift enabling the private sector to assume a much larger role in the economy. GDP growth has largely been...
More »New law no relief to manual scavengers-B Kolappan
-The Hindu Central law has provisions that only justifies the age-old practice Chennai: There is a law, a court order and a committee. The Centre passed the Prohibition of Employment as Manual Scavengers and their Rehabilitation Bill, 2012 on Saturday. However, the death of 30 workers in 30 months since February 2012 in Tamil Nadu seems to suggest that nothing is able to prevent the abominable practice. Most of those who died were workers...
More »The unaccounted costs of targeting-Martin Ravallion
-The Indian Express A degree of targeting is useful in ensuring that policies are effective in reducing poverty. But we have to be careful how this is done. With the right policies, India has a good chance of seeing accelerated poverty reduction in the coming decades. As I have previously argued, this will require that India does a better job in reaching the country's many poor people through its social policies. However,...
More »CAG slams govt on capital spending, rural job schemes
-The Financial Express Amid the government's efforts to curb fiscal deficit, the Comptroller and Auditor General (CAG) on Tuesday criticised the Centre for cutting down on capital spending, over-stating spending on centrally sponsored schemes and doling out some subsidies without obtaining Parliament approval. UPA's flagship scheme Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) also came under the scanner with the CAG questioning whether the entire amount booked for the job scheme...
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