-Scroll.in The Nobel laureate noted that the country does not yet have the jobs essential to sustain the projected growth in demography. Nobel laureate Paul Krugman on Saturday warned that India may end up with mass unemployment if its manufacturing sector does not grow, News18 reported. The American economist was speaking at an event that the news channel had organised. “As the world’s economies took off because of growth in the manufacturing...
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Public hearing reveals poor implementation of NFSA and other entitlement-based schemes
A national-level public hearing, which was organized at the Gandhi Peace Foundation (Delhi) on 15th March, 2018, has revealed that the intended beneficiaries of various entitlement-based welfare schemes and programmes of the Central government are witnessing difficulties and impediments in accessing the benefits and services. During the public hearing, which was organized by the Right to Food Campaign along with partnering grassroots-level organizations, poor and marginalized citizens from across 14 states...
More »New metric for jobs growth to include informal economy -Prashant K Nanda
-Livemint.com The govt will count jobs created in establishments deploying less than 10 people, which essentially means that shops run by one owner and one employee too will be counted as employment generation New Delhi: Expanding the scope of job creation in the country, the National Democratic Alliance (NDA) government has now decided to start counting jobs created in the non-farm informal sector. The government has asked labour bureau under the Union labour...
More »GDP numbers have brought cheer, but Indian economy needs a more even path to growth -Radhika Pandey, Amey Sapre and Pramod Sinha
-ThePrint.in Growing CAD, weak bank deposit growth, and fiscal deficit surpassing estimates cause for worry. The Central Statistics Office (CSO) recently released the Second Advance Estimates (2nd AE) for 2017-18, and the 3rd quarter GDP growth figures for October-December 2017. The new numbers have added some cheer to the disappointing state of affairs in the economy. The aggregate gross domestic product (GDP) registered a healthy growth of 7.2 per cent, while the gross...
More »Is the Peasantry in the Tiny State of Himachal Heading For a Major Crisis? -Tikender Singh Panwar
-Newsclick.in Despite the state being largely rural, the contribution of agriculture in the state’s gross domestic product is reducing considerably. The state of Himachal Pradesh has a predominantly rural population. Ninety per cent of the people here live in villages. There are 17,882 villages and about 59 urban settlements including two municipal corporations. There are more than 14.9 lakh families in the state. The total number of workers according to the census...
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