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India’s employment elasticity almost zero-Manas Chakravarty

-Live Mint High growth hasn’t led to more jobs  The years between 2004-05 and 2009-10 saw some of the highest rates of gross domestic product (GDP) growth for India. The problem, however, is that this high growth hasn’t led to more jobs. Employment elasticity—which is a measure of how employment varies with economic output—has come down dramatically. The Planning Commission says that employment elasticity has come down “from 0.44 in the first half...

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States failed to spend Rs 29,760 cr on flagship programmes like MGNREGA & PMGSY: Jairam Ramesh

-PTI States have failed to spend Rs 29,760 crore under various flagship programmes during the last fiscal, Rural Development Minister Jairam Ramesh said today. He said during Question Hour in Rajya Sabha that Rs 10,993 crore remained unspent under Mahatma Gandhi Rural Employment Guarantee Act (MGNREGA) and Rs 5,859 crore under Indira Aawas Yojana (IAY). Funds to the tune of Rs 8,919 crore could also not be utilised under Pradhan Mantri Gram Sadak...

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The Colours Of Fallacy -Prasenjit Bose

-Outlook Talking ‘communal’ about FDI trivialises the secular cause If one adds up the number of MPs in the Lok Sabha belonging to political parties that have a stated position against FDI in retail trade, it will CERTainly be bigger than the number of MPs in favour of FDI. Actually, the figure goes well past the Lok Sabha majority mark of 272. Yet the resolution opposing FDI received only 218 votes...

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MGNREGS: Fake and Fraudulent-Akash Bisht and Sadiq Naqvi

-Pratirodh.com The streets of the obscure town of Pandharkawda in Yavatmal district of Maharashtra have come to life. Hundreds of villagers crowd them for the weekly haat to buy their supplies of vegetables, spices, pulses and tobacco, while farmers throng shops selling seeds, pesticides, manure and farm commodities. Dressed in bright cotton sarees, women haggle with vendors. Even doctors, especially dentists, are having a busy day with long queues of patients...

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Perils of regulation-Rishabh Bhandari

-The Indian Express A free press that is able to operate without fear or favour remains an essential cornerstone of a modern democratic society. It plays a fundamental role as the guardian of public interest. By the same token, when CERTain deficiencies in its role become apparent, public and political furore is inevitable. So it came to pass in Britain, where public anger emanating from a single action — the hacking...

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