-Outlook Deputy director, ILO Decent Work Team for South Asia and Country Office for India, Sher Singh Verick on India’s high but “jobless” growth mystery Sher Singh Verick, deputy director, ILO Decent Work Team for South Asia and Country Office for India, strives to unravel India’s high but “jobless” growth mystery. Excerpts from an e-mail interview: * On high growth, low jobs Economic growth through investment, consumption and exports generally results in more jobs,...
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Yes, teaching reading is rocket science -Amrita Patwardhan
-The Hindu Business Line Although literacy levels are improving, there’s not enough learning happening. This calls for urgent attention This year, marks the 50th year of International Literacy Day. In 1966, UNESCO declared September 8 as International Literacy Day to “mobilize the international community and to promote literacy as an instrument to empower individuals, communities and societies”. At Independence in 1947, India had a literacy rate of 12 per cent, which stands today...
More »Kharif sowing acreage surpasses average of last five years
-The Hindu Business Line New Delhi: Total sowing in the ongoing kharif season so far has surpassed both last year’s acreage and the normal area — the average of total sown area in the previous five years. Sowing of rice, pulses, coarse cereals and oilseeds have exceeded last year’s acreage by significant margins, while sugar, cotton and jute are lower, according to figures supplied by States and compiled by the Centre. “The...
More »The Great Job Chase -Lola Nayar
-Outlook FDI’s up, so is GDP. And yet the demographic dividend lies untapped. Here’s why. Blame it on global or domestic scenario, but the Modi government’s promise of ending a decade of jobless growth during the UPA regime is yet to deliver. This is despite a higher economic growth and over 50 per cent rise in FDI inflow in the last two years. “To break away from the joblessness, we need a structural...
More »Why has inflation moderated in India? -Sajjid Z Chinoy
-Livemint.com Contrary to popular perception, it’s not because of good luck or necessarily a large growth sacrifice; policymakers deserve more credit than they get One of the most visible macroeconomic successes in India over the last three years has been the sustained moderation of headline consumer price index (CPI) inflation. CPI (industrial workers) averaged 9.5% for six years between 2007 and 2013. For the last 30 months, however, it has averaged...
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