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A full plate for Modi-Raghuvir Srinivasan

-The Hindu   Narendra Modi has to address not just the current stagnation in manufacturing but also look at ways of stimulating investments in the sector Prime Minister-designate Narendra Modi, it is said, sleeps just six hours a day. Even that could become a luxury as he buckles down to his job and begins the challenging task of turning around the economy. The economic legacy handed down to him by the United Progressive...

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UPA out, rural ministry plans to scale down NREGA -Brajesh Kumar

-The Hindustan Times   What was inconceivable only few days ago in the corridors of the rural development ministry is now openly being pitched for - how to scale down UPA government's brainchild NREGA. Ministry officials are busy drawing up a blueprint for the new government to tweak NREGA in a bid to increase the efficiency of the 2006 rural job guarantee scheme. Some of the proposed changes include a focus on select blocks...

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What drives jobs?

-The Business Standard   Policy must target faster growth in labour-intensive sectors It was reported on Wednesday that a sample of large manufacturing companies saw their workforce grow at an average rate of almost three per cent every year over the past decade. Putting aside technical niceties such as the representativeness of the sample, to the extent that the companies covered are mostly market leaders in their respective sectors, this statistic is very...

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Why voters punished UPA-Himanshu

-Live Mint   If anything, the UPA has been punished by the voters for moving away from its core agenda of entitlement-based politics The victory of the Bharatiya Janata Party (BJP) in the 2014 elections will remain a watershed moment for Indian democracy in many ways than one. Coming at a time when the economy is in a serious mess, the victory of the BJP and the defeat of the Congress party and...

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How not to run a programme-Nirmala Sitharaman

-The Indian Express   MGNREGA is beset with failures of planning, execution, monitoring and accountability. This election season, we have seen the BJP seeking the people's mandate on the slogan "sab ka saath, sab ka vikas". The Congress harps primarily on a "we gave you" list. The first in this list is the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGA). The 11th Five Year Plan recognised that 30 crore people lived below the...

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