-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...

-Live Mint Decline came as labour productivity grew 7.6%; wage growth remains far below pre-crisis levels globally  India’s real wages fell 1% between 2008 and 2011, while labour productivity grew 7.6% in the same period, International Labour Organization (ILO) data showed on Friday, indicating that the benefits of the country’s economic growth didn’t translate into better pay for workers in the aftermath of the global economic crisis. In contrast, China’s real wage growth...

-The Indian Express Economy Govt drafts plan to boost farming, allied sectors with Central fund. Kolkata: To boost the state’s economy, the Trinamool Congress government has set up an ambitious target of 8 per cent growth rate in agriculture and allied sectors for the next fiscal year. The current growth rate in agriculture is a mere 2.6 per cent. A draft proposal prepared by the Agriculture Department on the ways to achieve the...

-The Hindu Governments, industry, civil society meetin Azerbaijan to discuss future of Internet India has decided to take a decisive stand on Internet governance at a conference being hosted in Baku, Azerbaijan, from November 6-9. An indication of the importance that India accords to the global dialogue on Internet governance is evident from the fact that Telecom Minister Kapil Sibal is himself leading the government delegation, which will include senior officials like...

-Live Mint The prime source of financing will be from general taxation or public exchequer, says Planning Commission Government-run hospitals may stop charging for primary services such as investigative tests as India attempts to provide universal health coverage to all its citizens. “No fee of any kind would be levied on primary healthcare services with the prime source of financing being from general taxation/public exchequer,” the Planning Commission says in its latest health...