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A changing job market in rural India- Pramit Bhattacharya & Aishwarya Deshpande

-Live Mint NSSO data show that slower pace of jobs creation between 2004-05 and 2011-12 reflects a fall in distressed farm employment Tracing the pace of new jobs created in an economy, a key electoral issue, is a good indicator of inclusive and balanced growth. But in a developing country such as India, the nature of new employment is often as important as the total number of jobs created. The changes...

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Punjab tops states in prosperity, Kerala on equity -Surojit Gupta & Sidhartha

-The Economic Times NEW DELHI: Maharashtra has the highest per capita income, but when it comes to prosperity, Punjab tops the chart while Madhya Pradesh is at the very bottom. In terms of equity, Kerala pips Punjab to the top slot, while Andhra Pradesh has the highest levels of disparity, says a new study that ranks states based on pattern of ownership of consumer durables. The soon-to-be released report by ratings and...

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At 58%, Surat has highest migrant population in India: Unesco

-DNA Gujarat is among key destination states for migrants along with Delhi, Maharashtra, Haryana, Punjab & Karnataka. Surat, which is famous for its diamond and textile industries, is home to the highest percentage of migrant population in India, states a Unesco report on ‘Social Inclusion of Illegal Migrants in India'. The report, released on Thursday, says that Surat at 58% has the highest percentage of migrant population in India. The population of...

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Electronic payment can save 1.6% of India's GDP: WB-Somesh Jha

-The Business Standard Says electronic payments can help manage fraud and leakage risks in government payment programmes The role that technology plays in the economy has become so integral that it can't be ignored, said a recent report by the World Bank. According to the report, electronic payments can save over one per cent of India's gross domestic product (GDP). "Cash may still be king at times, but compared with electronic payments, cash...

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Rajan panel wasn't unanimous in framing underdevelopment index

-The Business Standard Panel member questioned the choice of sub-components There is some consolation for Bharatiya Janata Party's prime ministerial candidate and Gujarat Chief Minister Narendra Modi: Not everyone in a panel headed by Reserve Bank of India Governor and former chief economic advisor Raghuram Rajan had favoured the inclusion of Gujarat in the list of less developed states. Economist and social scientist Shaibal Gupta, a member of the panel, had dissented and...

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