As the common man continues to reel under the spiraling rise in prices of essential commodities especially key food items and vegetables the forever-rising food inflation is posing a serious challenge to policy makers. Though top government officials, including the Finance Minister and the Chairman of the Planning Commission have repeatedly assured that the food prices will soon stop rising, in reality it has gone the other way. The rising spree...
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KEY TRENDS • Maternal Mortality Ratio for India was 370 in 2000, 286 in 2005, 210 in 2010, 158 in 2015 and 145 in 2017. Therefore, the MMRatio for the country decreased by almost 61 percent between 2000 and 2017 *14 • As per the NSS 71st round, among rural females aged 5-29 years, the main reasons for dropping out/ discontinuance were: engagement in domestic activities, not interested in education, financial constraints and marriage. Among rural males aged...
More »Govt role must in land buys: Basu
Chief economic advisor to the finance ministry Kaushik Basu says the government should step in and acquire land for development projects to protect the interests of farmers. He also explains why the government cannot tackle food inflation by distributing free foodgrain among the poor. Excerpts from interview with ET: A large number of land-intensive project have run into opposition. Could it actually undermine our infrastructure thrust and growth? There is...
More »Global youth unemployment rate at all-time high, UN labour agency reports
The global youth unemployment rate is at a record high and is expected to climb even higher as the year progresses, the United Nations International Labour Organization (ILO) announced today. According to a new report, of the world’s 620 million economically active youth between the ages of 15 and 24, 81 million were out of work at the end of 2009, the highest number ever. The youth unemployment rate climbed from 11.9...
More »Ryot repays double of loan sum, yet gets notice! by Ramu Bhagwat
Vidarbha Jan Andolan Samiti, which is spearheading a campaign against the defunct Land Development Bank's forcible recovery drive from farmers in distressed western Vidarbha, has disputed the government claim that only big and habitually defaulting farmers are being targeted. Buttressing their charge that LDB was charging usurious rates, VJAS has highlighted the case of Purshottam Ingle of village Tigoan in Wardha, who borrowed Rs 2,90,000 in 2001 from LDB by...
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