-The Hindu Chennai: In an indication of poor economic growth taking its toll on the job market, an estimated 12 million people may be forced to look for low-quality, low productivity rural or agriculture jobs over seven years, a reversal of old trend of migration from farm to non-farm employment opportunities, pointed out a report of CRISIL Research. Job generation in the non-farm sector will slow down sharply in the coming...
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Gujarat among industrial growth laggards in FY12-Somesh Jha
-The Business Standard The state was the sixth-worst during the year, according to the Annual Survey of Industries data A set of government data released recently seems to puncture the Narendra Modi-led Gujarat government's claim that the state's industrial performance has been robust. According to the data fron the Annual Survey of Industries (ASI), the industrial growth rate for the state's organised sector slumped below one per cent in 2011-12. And, in fact,...
More »Save the farmer -Devinder Sharma
-Deccan Herald Between 2005 and 2010, 140 lakh people were displaced from agriculture and 57 lakh jobs were lost in the manufacturing sector. With a bountiful monsoon and a record foodgrain production, agriculture is going to be the saviour of the Indian economy in 2013-14. At a time when there is an all around doom and gloom -- industrial output failing to keep pace, manufacturing sector refusing to look up, joblessness growing,...
More »A Solar Sunrise in India-Nikhil Inamdar
-The Business Standard Policymaking in India is more often than not credited for its high nuisance value, rather than for positively aiding growth. Whether oil & gas, power, mining or any other core sector of the economy, government policy has frequently hampered rather than assisted the positive development of these industries. There is however one segment of the renewable energy space - solar power, that's vastly benefitted from concerted government action...
More »India has highest inflation rate in Asia
-The Times of India NEW DELHI: The Indian economy, Asia's third-largest, faces a difficult situation where growth has slowed to a decade low but price pressures have remained stubborn. It has one of the highest inflation rates in the world, and the highest in Asia. Weak growth and high inflation also complicated the policy choice for the central bank. Separate data released by the Central Statistics Office showed industrial output slumped 1.8%...
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