-Business Standard While the revised estimates of the gross domestic product (GDP) suggest the Indian economy turned the corner in 2013-14, concerns remain over the durability of this nascent recovery. Particularly worrying is the recent slowdown in rural wage growth, which signals a weakening of rural demand. Growth in rural wages, which had averaged 18 per cent in the previous few years, fell to less than five per cent in September...
More »SEARCH RESULT
Total Matching Records found : 819
Centre mulls steps to cut job scheme cost -Basant Kumar Mohanty
-The Telegraph New Delhi: The NDA government is looking at two possible steps to cut down expenditure on the job guarantee scheme that seeks to provide 100 days of employment a year to every rural household. The rural development ministry is exploring the idea of limiting the scheme to six months instead of a year in about 4,000 blocks that are not covered under intensive implementation. Workers under the Mahatma Gandhi National Rural...
More »The twist in the growth story -C Rangarajan
-The Hindu Reforms must be part of a continuing agenda. The basic principle guiding reforms must be to create a competitive environment with a stress on efficiency. In many ways the coming decade will be crucial for India as growth is the answer to many of its socio-economic problems The data on national income released recently give a new twist to India's growth story. The most significant change is with respect to...
More »Education campaign yields dividends -Pheroze L Vincent
-The Hindu In 1951, a year after India became a republic, only 18.33 per cent of its 35.11 crore citizens could read. According to the 2011 census, 74.04 per cent of its 121.02 crore people can read. In 60 years, 83.12 crore Indians learnt to read. School enrolment is at an all-time high with several surveys putting primary enrolment at above 96 per cent. However, India is still below the world's average...
More »Is MGNREGS reaching its end? -Abhiroop Mukhopadhyay
-The Hindu Business Line The rural job guarantee scheme is threatened by the undermining of its driving force, demand-driven work Is the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) suffering a midlife crisis or are we staring at its death? From a budget of ₹401 billion in 2010-11, it has plummeted to ₹330 billion in 2013-14. Given the much higher wages currently offered to workers, it has taken a serious hit. The...
More »
