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'Only 2% of India’s youth have vocational training' -Subodh Varma

-The Times of India NEW DELHI: Here is a pointer why industry groans about the lack of skilled manpower. Just 2% of India's youth and only about 7% of the whole working age population have received vocational training, a recently released survey report reveals. As in the past, hereditary learning or learning on the job continue to generate more skills than the whole formal vocational training set up of the country which...

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The Political Economy of Shadow Finance in West Bengal-Subhanil Chowdhury

-Economic and Political Weekly The Saradha group's collapse has possibly bankrupted lakhs of small investors robbing them of their life svaings, and has rendered thousands of its agents jobless. The scam highlights the failure of the government and its regulatory agencies to reign in the mushrooming chit fund companies in West Bengal. It also brings under the scanner the Trinamool Congress' proximity with the tainted group. In the wake of the...

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Irregularities in implementation of national rural employment scheme: CAG audit report -Swati Mathur

-The Times of India LUCKNOW: The Comptroller and Auditor General of India tabled the second performance audit of the Mahatma Gandhi National Rural Employment Guarantee Act in Parliament on Tuesday. The first performance audit was undertaken in 2007-08. The period of coverage of the first audit was February 2006 to March 2007. The present performance audit of the implementation of MGNREGA was taken up in response to a request from the ministry...

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Rural job scheme did little to raise farm wages: CACP-Sanjeeb Mukherjee

-The Business Standard Overall GDP growth, farm growth has more impact on increasing real farm wages than MGNREGS Even as the United Progressive Alliance government is touting the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) as its biggest step for the uplift of the rural poor, a discussion paper floated by the Commission for Agricultural Costs and Prices (CACP) suggests compared to this scheme, growth in overall gross domestic product, agriculture...

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Tripura, Kerala open the door for women in panchayats -Anuja and Liz Mathew

-Live Mint The experience of Kerala and Tripura shows how panchayati raj can help in the empowerment of women Chulubari (Tripura)/Kanjikuzhy (Kerala): Her relatives warned Hena Das, a resident of Chulubari in Tripura, against taking up political office because it wasn't "meant for women". Das disregarded the warnings. Two years on, she has no regrets. She also has no male colleagues; her fellow representatives on the board of an 12-member panchayat are all...

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