-The Times of India Crest Cash transfers have been described as the world's favourite new anti-poverty device. As India gets set to implement it, TOI-Crest finds out if the politics will ever be divorced from the cash The UPA government's ambitious plan to introduce direct cash transfers (DCT) by January 1, 2013 reflects both the political desperation of a beleaguered government and the urgent need to reform India's inefficient and corrupt public...
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Decline in Poverty Ratio in Jharkhand: Govt
-Outlook The poverty ratio in Jharkhand declined to 39.1 per cent in 2009-10 from 45.3 per cent five years ago because of economic growth and poverty alleviation programmes, the government said today. "The percentage of people living below poverty line in Jharkhand has declined from 45.3 per cent in 2004-05 to 39.1 per cent in 2009-10. "In terms of number of poor, it has declined from 1.32 crore in 2004-05 to 1.26 crore...
More »For profit, not people-Sitaram Yechury
-The Hindustan Times With UPA 2 having carried the day on the motions disapproving foreign direct investment (FDI) in India’s multi-brand retail trade sector, the crescendo for a fresh round of GenNext reforms has reached a higher pitch. The editorial in this newspaper titled The slog overs have begun (Our Take, December 10) states, “Now that FDI in retail is through, the UPA must push ahead with other reforms.” The Congress-led coalitions...
More »India’s employment elasticity almost zero-Manas Chakravarty
-Live Mint High growth hasn’t led to more jobs The years between 2004-05 and 2009-10 saw some of the highest rates of gross domestic product (GDP) growth for India. The problem, however, is that this high growth hasn’t led to more jobs. Employment elasticity—which is a measure of how employment varies with economic output—has come down dramatically. The Planning Commission says that employment elasticity has come down “from 0.44 in the first half...
More »Gujarat govt accused of manipulating youth employment data
-DNA Gujarat government’s tall claim of providing employment to 65,000 youth under ‘Swami Vivekananda Youth Employment Week’ have been contradicted by its won reply to a RTI plea filed on issue. Jyoti Karmachari Mandal (JKM), the organisation that filed the plea seeking details of Rojgar Melas held in state, has accused the state government of manipulating figures to mislead people. They alleged that state government’s reply showed that beneficiaries were given employment letters...
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