-The Assam Tribune   Finding the going uphill in their bid to sell their produce for good economic returns, raw jute farmers from different parts of South Kamrup area are facing acute crisis. Too poor to afford the input costs, the marginal farmers who practice the cultivation on a massive scale in thousands of bighas of land here at Jiakur 1 Bortari, Kandalpara Cimina, Futuri Goroimari Alikash under Palashbari and Chhaygaon LAC...

-The United Nations   A new report by the United Nations labour agency warns of a youth jobs crisis in both developed and developing countries, with young people aged 15 to 24 finding it increasingly difficult to obtain decent employment and future prospects are dim. As it released its “Global Employment Trends for Youth: 2011 Update,” the International Labour Organization (ILO) notes that the recent global economic crisis led to a “substantial” increase...

Only in India does redistribution, which keeps the poor and marginalised out of the mainstream of the economy, pass for inclusive growth. In much of the rest of the world, inclusive growth would mean giving the poor and marginalised a direct stake in the economy with fast-growing industries and services absorbing them into gainful employment and, thus, making them true participants and partners in the growth process.  But in India, we...

-The Economic Times   Chief economic advisor Kaushik Basu has said that part of the blame for the sustained high inflation in India must go to rising wages.  Basu believes that labour cost differences between the developed and labour-surplus countries such as India that have been in existence for a long time have now started narrowing which is feeding into higher prices within the country.  "The reason for inflationary pressures in India is that...

Used to getting jobs done through contracts, government department assigned budgets under rural employment guarantee schemes have failed to use earmarked funds, while job card holders in the countryside are making the best of what is available. Government documents showed that of the Rs 880 crore funds available under MNREGA for Himachal in 2010-11, ten line government departments under the flagship programme had spent only Rs 15.57 crore till September. Besides a...