In this year's budget, Union Finance Minister Pranab Mukherjee has essentially tried to consolidate the gains from the initiatives he had launched during the previous two budgets. Thus, in agriculture there is no new initiative except increasing the target for agricultural credit to Rs.5,75,000 crore during 2012-13. This represents an increase of over Rs.1,00,000 crore from last year. The interest rate of four per cent recommended by the National Commission...
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India faces rising labour force, inequality-Prashant K Nanda
Sounding a note of caution, the Economic Survey has stressed that for “growth to be inclusive” India must create adequate employment opportunities—a call that underlines existing inequality, including urban-rural income disparity, and concern that it may increase as more young people enter the job market. While India’s unemployment rate has dropped from 8.2% in 2004-05 to 6.6% in 2009-10, the number of jobless is still huge in absolute terms. The...
More »Large-scale exodus of Melghat tribals for jobs-Vaibhav Ganjapure
Ritesh Gautam is a resident of a backward area in Pohara village in Dharni tehsil in Melghat. He migrated to Madhya Pradesh in search of work. Manohar Bode from Seamdoh village went to Solapur for the same reason. Both are back home to celebrate Holi, the biggest festival of tribals. Like Gautam and Bode, there are many youth from the region who left home in search of jobs. They are victims...
More »People sell kidneys to beat starvation in West Bengal village by Subhro Maitra
BINDOL (NORTH DIANJPUR): In these arid, impoverished parts, Bindol has another name - kidney village. The wasted, skeletal men and women you would see slumped under the shade of trees are awaiting death with feeble breaths. This is the kidney sale capital of the state, perhaps of the country. Every second home here has someone who has sold his kidney to escape starvation. Many die within years. Now, the dying men...
More »Reel lessons on net worth by Amit Gupta
Watch a film, get entertained. Well, if it is IIM-Ranchi, you get business ideas, a certificate from the B-school and market linkage from Nabard. Looking to develop reel lessons to transform real-life strugglers into successful managers, IIM-Ranchi is embarking on a unique project — named Barefoot Managers, the premier B-school will develop 15 short films on entrepreneurial literacy and screen one a day in front of semi-literate and low-income groups in...
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