-Live Mint Non-farm employment will increase by only 38 mn in financial years 2012-19, compared with 52 mn in FY 2005-12 New Delhi: The slowing economy will result in fewer jobs being added to industry and services in the next seven years and more workers moving back to farming, Crisil Research said in a report on Tuesday, indicating job creation will remain a key concern for the next government. Non-farm employment will increase...
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India’s fiction of victory at Bali - Biraj Patnaik
-Live Mint By giving in to pressure from the US and EU, India has landed itself and the developing world in a bad trade deal The stenographic cacophony in the Indian media had a singular triumphalist message from the ninth World Trade Organization (WTO) ministerial meet in Bali: India had secured a major victory by safeguarding its food security programme and stood its ground against the US and the European Union...
More »Economists on the Wrong Foot: a critique of Jagdish Bhagwati and Amartya Sen-Ashish Kothari and Aseem Shrivastava
-IndiaResists.com The ongoing debate between two stalwart economists, Amartya Sen and Jagdish Bhagwati, must be joined by those who understand contemporary realities and challenges in terms altogether different from those of mainstream economists. In a recent (July 27) article in Times of India, Bhagwati's co-author Arvind Panagariya characterizes the differences between the two in the following terms. Sen favours education and health measures as being the first steps to tackle poverty...
More »DBT rollout: Key dept shifted from Planning Commission to Finance Ministry
-PTI NEW DELHI: Keen to hasten the Direct Benefit Transfer (DBT) scheme, Prime Minister Manmohan Singh today shifted a key department overseeing its implementation from the Planning Commission to the Finance Ministry for "better coordination" and "resolution of inter-ministerial issues". The DBT programme has covered over 2.8 million LPG transactions valued at Rs 116 crore in the seven weeks since it was launched, the Prime Minister's Office said here today. "In order to...
More »CITU wants to fight unemployment by cutting work-week to 35 hrs from 48 -Shaju Philip
-The Indian Express Thiruvananthapuram: Thirteen years after a Left government in France adopted a 35-hour work-week to tackle unemployment and allow more time for leisure, the CPM's trade union arm Centre of Indian Trade Unions (CITU) has decided to campaign for the same model in India. Reducing the weekly working hours in India to 35 from 48 was one of the main proposals agreed by the CITU's all-India conference which concluded in...
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