-The Hindu In a sign of change, mothers wage a relentless battle to get their children admission to the seats reserved for the poor in private schools. New Delhi: In her tiny room with a grey refrigerator and a wall-mounted television set, Babita opens up about her dreams. “My children should learn to speak in English,” she says. Two of her children study in private schools, and another in a government school. Private...
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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 »Wake up, smell the leakage -Ashok Gulati & Prerna Terway
-The Indian Express Substantial number of interest subvention scheme loans are diverted to non-agricultural uses. Government must switch to an income-support subsidy regime The Union budget for 2016-17 has provisioned Rs 15,000 crore on account of interest subvention for short-term agricultural credit, up by Rs 2,000 crore over the revised estimate for FY16. The mere shifting of this line item from the department of financial services to the department of agriculture...
More »For women, India’s workfare programme works -Chandrahas Choudhury
-Livemint.com/ Bloomberg Corruption being rife though, Mahatma Gandhi National Rural Employment Guarantee Act has boosted agricultural wages and rural-labour market Over the last 10 years in India, perhaps no other law has sparked such sustained debate as the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), universally known as ‘Narega.’ Passed by the previous Congress government in February 2006 and upheld by the Narendra Modi administration, it’s given rise to the...
More »No jobs in sight: There is a mounting employment crisis in India -Harsh Mander
-The Indian Express There is a mounting employment crisis in India. The current growth model, built on large private investments, cannot address the problem. Union Minister Ram Vilas Paswan raised many hackles with his demand for affirmative action or job reservations for Scheduled Caste and Scheduled Tribe candidates in the private sector. He suggested that “providing quota in private jobs will help cool down anger among SC and STs”, thereby stemming...
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