-Livemint.com The ministry for water resources, river development and Ganga rejuvenation has also placed a draft of the national groundwater management improvement programme New Delhi: The Centre has placed two draft bills for water conservation in the public domain for feedback as the country battles a water crisis. The government has also released a draft of a programme to improve groundwater management in the country. Comments have been invited on the two...
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Government working on agro-industrial policy -Dhaval Kulkarni
-DNA To add value to the ailing farming sector in Maharashtra, which is reeling under successive droughts, agrarian distress and a negative growth rate, the state government is working on an agro-industrial policy. "We are working on an agro-industrial policy. It will look at granting incentives to agro-industries like food processing units, which will help create value chains for farmers and set up facilities like cold storages. The policy will also grant...
More »Revisit interest subsidy scheme for farmers -Ashutosh Kumar Tripathi
-The Hindu Business Line It should apply to long-term rather than short-term loans, to prevent funds misuse and promote capital formation The Budget 2016-17 witnessed an increase of Rs. 2,000 crore in the allocation towards interest subsidy for short-term credit (i.e. crop loan) to farmers, compared with the revised estimate for 2015-16, thereby making a total provision of Rs. 15,000 crore towards interest subsidy. In fact, of the total allocation of Rs. 35,984...
More »Job growth at a snail’s pace -Santosh Mehrotra
-The Hindu For jobs to grow, consumer demand has to improve consistently. This can only happen with an industrial policy, which India has not had since 1991 There will be no demographic dividend without growth in industrial and service sector jobs. The underlying logic behind a dividend is that as jobs grow, incomes rise and so do savings. Based on higher savings, the Investment Rate to GDP grows, resulting in faster GDP...
More »India’s jobless growth is undermining its ability to reap the demographic dividend -Christophe Jaffrelot
-The Indian Express The last quarterly survey by the Labour Bureau showed that India has never created so few jobs, since the survey started in 2009 The last quarterly survey by the Labour Bureau showed that India has never created so few jobs, since the survey started in 2009, as in 2015: Only 1.35 lakh jobs compared to more than nine lakh in 2011 and 4.19 lakh in 2013 in eight labour-intensive...
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