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Dividend or nightmare -Santosh Mehrotra

-The Indian Express How many jobs must be created to realise our demographic dividend (or avoid a nightmare)? Half of India's population is below 25. The worst-case scenario is that enough jobs are not created for the millions entering the labour force each year, and that this semi-educated mass becomes a force driving social conflict. The reason that East Asian countries (especially China) rode the wave of the demographic dividend and dramatically...

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Child marriages still rampant -Rukmini S

-The Hindu Consent does not matter, says study A majority of parents who get their children married before the legal age do not even seek their consent, and among those who do, the child not consenting does not stop the marriage, new data has shown. In 2011, the Planning Commission selected the G.B. Pant Institute of Studies in Rural Development, Lucknow, for a study on child marriage in India. The 2005-06 National Family...

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Good for the economy, bad for the environment? -Vidya Venkat

-The Hindu Irrespective of fuel costs, investing in a robust public transport system alone can save the day Whenever news about a fall in oil prices hits the headline, the first to cheer are car users. "I can save up to Rs. 2,700 every month now. That means I can put this money to better use elsewhere," a journalist-friend recently said with a sigh of relief when asked to respond to the...

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PMO orders huge cuts in social sector spending for 2015-16 -Jitendra

-Down to Earth Employment guarantee, rural road and sanitation schemes among those likely to be affected The upcoming budget will see social sectors face huge cuts in funds. Ministries concerned with infrastructure works, on the other hand, will be given with more funds. These include ministries of shipping, road and transport, telecom and power. The Prime Minister's Office (PMO) has directed the Union Ministry of Finance to include these budget adjustments in the...

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Cash transfers can work better than subsidies -Guy Standing

-The Hindu Providing people with a modest basic income instead of subsidies would save public revenue With oil prices falling, it was perhaps a good time to fade out fuel subsidies. All subsidies are inefficient and distortionary, and most are regressive. The same could be said of costly public works schemes as well. By contrast, the debate on direct benefit transfers has moved into a more sensible phase, with the posturing criticism of...

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