-Livemint.com Manufacturing is the biggest positive contributor to aggregate employment elasticity in the country, a fact which might appear counter-intuitive to many New Delhi: One of the biggest criticisms of India’s high growth trajectory this century has been its failure to generate jobs. Economists attribute this phenomenon to a decline in employment elasticity of output, which MEAns that the same amount of output growth creates fewer jobs than it used to....

-Press Release from Delhi Pension Parishad Activists from seven major campaigns stated unequivocally that the Union Budget for 2016-17 far from ‘Transforming India’, as claimed by the Finance Minister, Shri Arun Jaitley, is neglecting the interests of farmers, the poor and vulnerable both in nominal and real terms and subjecting every life-affirming program to severe  budget cuts. Activists from seven major campaigns such as the Right to Food Campaign , the...

-The Financial Express Unseasonal rains and hailstorms in some places over northern states of Punjab, Haryana and western Uttar Pradesh during the last two days is unlikely have any major impact on output of rabi crops such as wheat and mustard, a senior official with the agriculture ministry said on Sunday. “The impact of rains in the last two days on the standing rabi crops is limited and localised,” Trilochan Mohapatra, Director...

-Livemint.com The Union government has cut the prices of genetically-modified cotton seeds and slashed royalty fees by 74% The Union government’s decision to cut the prices of genetically-modified (GM) cotton seeds, popularly known as Bt cotton, and slash royalty fees, will have a positive impact on cotton farming in Maharashtra, India’s top state in terms of area under cotton cultivation. The Maharashtra government’s agriculture officials, cotton growers and officials at the Nagpur-based...

-The Indian Express Government privileges the private over the public, preferring trade to health In a dramatic development, US industry groups recently claimed the Indian government offered them a “private” assurance that compulsory licences will not be issued, save in emergencies and for non-commercial purposes. Needless to state, such an assurance flies in the face of the Patents Act and the public health safeguards enshrined in it. Illustratively, Section 84 mandates that...