-The Hindu Confining it to just the Ministry of Rural Development would be the most retrograde step in democratic decentralisation in over a quarter century. If, as The Hindu’s exclusive on Wednesday indicates, Prime Minister Narendra Modi were to close down the Ministry of Panchayati Raj, it would confirm one’s worst fears about his government’s hypocritical approach to grass-roots democracy for grass-roots development. This was a lacuna that was evident in the ‘Gujarat...
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Job growth at a snail’s pace -Santosh Mehrotra
-The Hindu For jobs to grow, consumer demand has to improve consistently. This can only happen with an industrial policy, which India has not had since 1991 There will be no demographic dividend without growth in industrial and service sector jobs. The underlying logic behind a dividend is that as jobs grow, incomes rise and so do savings. Based on higher savings, the investment rate to GDP grows, resulting in faster GDP...
More »Labour Ministry plans Rs.10,000 minimum monthly wage for contract workers -Somesh Jha
-The Hindu Of the 3.6 crore contract workers about 32 % are employed by contractors in the public sector. The Labour Ministry has proposed a minimum monthly income of Rs.10,000 for contract workers, evoking strong reactions from the industry. The move will drastically increase the minimum wages of contract labourers from around Rs.6,000 per month that is paid to them in a few sectors at present. According to the plan the employers will...
More »Can India beat this slowdown? -Jayan Jose Thomas
-The Hindu It is only due to the high rates of growth in the services sector that India’s overall economic growth appears robust. The world economy is so hard to predict. In 2008, as the global financial markets plunged into a crisis, high oil prices were considered to be one of the factors that caused it. Today, many fear that the world economy is on the edge of another recession. Guess what...
More »After Paris, keep the heat on -Sujatha Byravan
-The Hindu In order to have a chance of limiting temperature rise to 1.5 degrees Celsius, we need suitable technologies to make low-carbon transitions in development right away Now that the Paris Conference of the Parties (COP) meet is long over, countries need to concentrate on global greenhouse gas (GHG) emissions, which need to peak soon and go to zero by mid-century if there is to be a chance of preventing average...
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