-The Indian Express The last quarterly survey by the Labour Bureau showed that India has never created so few jobs, since the survey started in 2009 The last quarterly survey by the Labour Bureau showed that India has never created so few jobs, since the survey started in 2009, as in 2015: Only 1.35 lakh jobs compared to more than nine lakh in 2011 and 4.19 lakh in 2013 in eight labour-intensive...
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Farmers earn lesser than industrial, Services Sector workers: Agriculture minister
-PTI Radha Mohan Singh total number of agricultural workers in the country increased from 234.1 million in 2001 to 263 million in 2011. Therefore, it cannot be categorically stated that farmers are leaving the profession of agriculture. Farmers are earning less than workers in industrial and Services Sectors because of lower farm output, Parliament was informed Tuesday. "Income from the farm sector is less as compared to income from industrial and Services Sector,"...
More »The indirect benefits transfer -Jayati Ghosh
-The Hindu India’s record in collecting taxes has been pathetic, and it is getting worse. The declining rates of direct taxation are an indication of the political choices of the government We now have a peculiar combination in the economic policy of India: a declared attempt at fiscal consolidation, combined with a reluctance to do what it takes to raise tax revenues. This unfortunate juxtaposition has meant a squeeze on Central government...
More »Public health’s in the infirmary -Imrana Qadeer and Sourindra Mohan Ghosh
-The Hindu Business Line The priority for this government is to promote the medical care market, not ensure universal healthcare for the majority Those at the helm of policymaking in the country have been, for some time, strongly advocating austerity as the principle for public expenditure policies, particularly for the social sectors. Arvind Panagariya, the vice-chairperson of the NITI Aayog, suggests that “for just three-quarters of a per cent of the GDP”, 0.76...
More »Lessons for unifying agricultural markets -Vyasan R
-The Indian Express Karnataka’s experience shows success depends on taking along all stakeholders. The government of India launched the National Agricultural Market Scheme in July 2015 in 585 markets and has, since April 14, started e-trading on the platform. This is in line with the Union Budget’s target to double farmers’ incomes in six years. To be sure, a doubling of incomes by 2022 would require them to grow at an annual...
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