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The youth unemployment bill -Manish Sabharwal

-The Indian Express Why the proposed national minimum wage is the wrong answer to questions of unemployment and poverty The recent national labour conference - a trade union love fest with little real employer participation - demanded a national minimum wage. The trade union demand is a predictable positioning of narrow self-interest as national interest but the government's acceptance of their demand is unfair, delusional and economically stupid. Unfair, because it pampers a...

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NSSO data analysis: high time political parties took the economy toward higher growth-Ashok Dasgupta

-The Hindu Whichever way one looks at the data, there is nothing much to crow about the 68th round of survey Whichever way one looks at the key indicators of employment and unemployment released by the National Sample Survey Office (NSSO) recently, there is nothing much to crow about in inferences that can be drawn from the data collected in the 68th round of survey conducted during the period July 2011 to...

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Demographic dividend gets postponed as agriculture workforce falls

-The Economic Times India's demographic dividend stands postponed, if we go by the employment figures garnered by the latest, 68th Round survey of the National Sample Survey Organisation. The proportion of the workforce living off agriculture has fallen below half, for the first time, which marks a milestone in the economy's structural diversification and moving people out of low-value agriculture and under-employment. A third major finding is that women are withdrawing from...

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Working class of India, untie from nanny state

-The Economic Times Over the last decade the UPA government has tried to reduce poverty by legislating a regime of rights accompanied by the national rural employment guarantee (NREG) programme -spending Rs 1,70,000 crore on this strategy. This strategy would have been fine if the transformation of India from a strong currency, high growth and low inflation economy to aweak currency, low growth and high inflation economy had been accompanied by a...

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No Country For Countrymen -Arun Sinha

-Outlook As the Manmohan Singh government makes evident its unfriendliness to villages, the nation hurtles towards disaster. It's a danger no one wants to face. Prime Minister Manmohan Singh has been trying for years to make us believe that agriculture is a vast marshland in which a huge population is stuck ankle- to neck-deep and it is his duty to rescue them. "Our salvation lies in moving people out of agriculture," he...

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