TARN TARAN, India—India's northern state of Punjab was once a symbol of the nation's economic progress, its advances in agriculture lauded world-wide as a spectacular feat that made India self-sufficient in food production. But Punjab today faces a grave economic crisis, the result of years of shoddy governance that have stunted growth and created such a mound of public debt that the state is now seeking a multibillion dollar bailout from...
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Labour reform slips out of list as India Inc has greater worries by Devika Banerji
Archaic labour laws are not affecting India's manufacturing sector as much as problems related to land, water, licences and clearances, a government panel's study shows. With the findings of the Planning Commission study, changing rigid labour laws, so far suspected to be the main hurdle before the manufacturing sector, is likely to drop on the government's list of priorities. The sector contributes 15% to India's GDP. "Against popular perception, we...
More »Watts in it for me? by Tusha Mittal
A LEAFY VILLAGE in Kerala, Pathanpara, never found access to India’s electricity grid. That is why for the last several years, this village has been generating its own electricity. Raju, a dhoti-clad cashew nut farmer, operates Pathanpara’s five kilowatt (KW) micro hydropower plant. He lives in the village and earns a salary of Rs 2,250, paid by the People’s Electricity Committee (PEC). The power generated is shared equally by the village,...
More »Workers may also get skill development under NREGS by Ravish Tiwari
With Manufacturing Sector growth in the Eleventh Plan period estimated at 8 per cent against 11-12 per cent required to create about 2 million additional jobs in the country, the Prime Minister’s National Council on Skill Development (NCSD) is considering recommending to the Rural Development Ministry that the UPA’s flagship rural job guarantee scheme (NREGS) be widened to include providing “skill development” to unskilled wage seekers. The issue is likely to...
More »Concerned over graft, govt to focus on governance in 12th Plan
Taking on board citizens' concerns over corruption and quality of governance, the 12th Five Year Plan proposes re-designing of government programmes even as it targets 9-9.5% economic growth with focus on health and education. Aiming at 100% adult literacy, the next Plan (2012-17) proposes to increase expenditure on health from 1.3% to at least 2-2.5% of GDP. The full Planning Commission meeting today presided over by Prime Minister Manmohan Singh was given...
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