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Job growth falls, down to lowest in 3 quarters

-The Indian Express Even as India is poised to emerge as the fastest growing economy in the world, employment generation in eight crucial sectors in the third quarter of 2014-15 dipped to its slowest pace in three quarters. Just 1.17 lakh new jobs were created in eight key sectors of the economy between October and December 2014, according to a survey by the labour bureau. In contrast, 1.58 lakh jobs were created...

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Khadi Production in India: A Way Forward to Green Economy? -Sumanas Koulagi

-Economic and Political Weekly Unlimited growth for prosperity in a fi nite planet is not possible. Ecological economists like Tim Jackson, Peter Victor, and others talk about prosperity without growth and highlight the need for greening the economy on a community scale. Using the "criteria of green economy enterprise" set by Jackson and Victor as a tool, this article looks at khadi production, India's community-level cloth production system. Sumanas Koulagi (k.sumanas@yahoo.in) is...

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When statistics lie -Paranjoy Guha Thakurta

-The Asian Age The much-quoted sentence, "there are three kinds of lies: lies, damn lies and statistics", was attributed to the 19th century British Prime Minister Benjamin Disraeli by American author Mark Twain. Although researchers could never find such a statement in any written work of Disraeli, the sentence gained universal popularity to signify how economists and other number-crunchers use the "persuasive power" of figures to make a political point or...

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Troublesome landing -Dipankar Dasgupta

-The Telegraph Singur, the potato bowl of Bengal, appears to have landed in trouble again. Not on account of unwilling farmers grieving over their lost assets, but on account of overproduction by the ones who didn't lose their land. Excess supply of the crop has pulled down prices, leading indebted farmers to slither down the precipice. According to media reports, matters have come to a dismal pass, with a section of...

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A lesson on land acquisition -CP Chandrasekhar

-The Hindu The parliamentary stand off over the Indian government's effort to ease procedures to acquire land for "public purposes" continues, with the government deciding to re-promulgate the ordinance amending the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013. Besides concern about the impact that this would have on the farming community and those dependent on it, another cause for the controversy is the...

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