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Just 1 in 5 Mudra beneficiaries started new business, half of extra jobs were self-employment: Govt survey -Aanchal Magazine

-The Indian Express The Mudra Yojana was launched in April 2015 to provide funding to the non-corporate small business sector through various financial institutions like banks, NBFCs and Micro Finance Institutions (MFIs). The government’s constant refrain has been that its flagship Mudra scheme is an engine for entrepreneurship and employment. A survey by the Labour Ministry, yet to be made public, offers a reality check: just one out of five beneficiaries...

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The problem of skilling India -Christophe Jaffrelot & Vihang Jumle

-The Indian Express India’s employment crisis calls for more government expenditure in education, adequate training. Prime Minister Narendra Modi, in his recent Independence Day speech, said, “We need to worry about population explosion”. These words stand in stark contrast to his previous references to India’s demographic dividend where the country’s population was seen as an asset. This shift reflects a new awareness, according to which demography brings a dividend only if...

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'Don't give sops, it's public money': SC raps Delhi govt on free rides for women in Metro

-The Indian Express The apex court said that the Delhi government is bound to ensure that the financial health of Delhi Metro Rail Corporation is maintained properly and no steps are taken that might result in losses. The Supreme Court Friday came down heavily on the Delhi government for its ambitious proposal to make metro travel free for women, saying it might lead the Delhi Metro Rail Corporation (DMRC) to losses. The...

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Mothers, kid compete to swallow boiled eggs in Odisha

-The Hindu Angul Pusti Adhikar Abhiyan, a community level forum organized this ‘egg relay competition’ to promote intake of nutritious food. BHUBANESWAR: When there is a lot of taboo around consumption of egg and chicken products among women in remote Odisha villages, mothers competing with their kids in swallowing boiled eggs in Angul district is surely an unusual sight. But Angul Pusti Adhikar Abhiyan (APAA), a community level forum promoting intake of nutritious...

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IIT-Madras, Delhi University, three others get Institution of Eminence status

-The Hindu “Orders have been issued to five public institutions INCluding IIT-Madras, IIT-Kharagpur, DU and University of Hyderabad, declaring them as IoEs,” Union HRD Minister Ramesh Pokhriyal Nishank said. New Delhi: The Human Resource Development Ministry has awarded the status of Institute of Eminence to the IIT-Madras, the IIT-Kharagpur, Delhi University, Benares Hindu University and the University of Hyderabad, said an official statement. Four private universities — the Vellore Institute of Technology, Amrita...

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