-Down to Earth The employment scheme generated 20.23 average working days in the state against the mandated 100 days, according to a Punjabi University report A high incidence of illiteracy, low levels of education, a major lack of awareness and dependence on Panchayat members and sarpanches have led the much-publicised Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) to fail in Punjab. The scheme generated only 20.23 average days' employment a year...
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Prudent prescription: on MSME sector
-The Hindu An RBI panel’s suggestions on the MSME sector cut to the heart of crucial issues The micro, small and medium enterprises (MSME) sector in India is not only a key engine of growth, contributing more than 28% of the GDP and about 45% to manufacturing output. It is also a true reflection of economics where people really matter. Providing employment to about 111 million people, the sector’s health is crucial...
More »NSSO Questions Quality of Key Database Now Used to Calculate GDP
-TheWire.in A study has raised questions raised over the quality of the MCA-21 database, which is a crucial part of the new GDP series math. New Delhi: A National Sample Survey Office (NSSO) report has highlighted deficiencies in key government database of Indian companies, an observation that economists say could have consequences for the credibility of India’s GDP numbers. A technical study conducted by the NSSO between June 2016 and June 2017,...
More »London School of Economics announces Amartya Sen Chair; here's why Nobel laureate's name was chosen
-Financial Express With an aim to honour renowned India-born economist Amartya Sen, the London School of Economics and Political Science, has announced a Chair in Inequality Studies in his name. The Nobel laureate served as a professor in the economics department at the institute from 1971-82. The person holding the position would also serve in the capacity as the Director of the International Inequalities Institute at LSE, the institute said on its...
More »MS Swaminathan, father of Green Revolution, interviewed by Jitheesh PM & Jipson John (Newsclick.in)
-Newsclick.in In an interview, the ‘father’ of India’s Green Revolution, says while technology is necessary, policies on procurement and public distribution are far more important in making agriculture economically viable and sustainable in the country. No one has played a more instrumental role in India’s self-sufficiency in food production than Dr MS Swaminathan — world-renowned agricultural scientist, known as the ‘Father of Green Revolution in India’. After getting a PhD from Cambridge...
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