The only economic or social variable that has not moved since 1991 in India is our 93% informal employment in the informal sector. So, while we have smartly and substantially moved the needle on everything from foreign exchange reserves, infant mortality, School enrolment, market capitalisation, foreign investment, and pregnancy deaths, 9 out of 10 of our workers do not work in organised employment. Informal employment—what President Alan Garcia of Peru...
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Cautious hope by Neeraj Hatekar
The economy shows consistent signs of growth. The challenge in the new year is to make development more equitable and broad-based… 2010 was a year of relief that soon grew into despondency. We were relieved that India had pulled out of the deepest post-War recession relatively unscathed. The soundness of its cautious macro-economic management was underlined once again and the US economy is also looking like getting slowly back on...
More »India Will Survey Colleges and Universities
India’s government is preparing to conduct the country’s first comprehensive survey on higher education, according to a senior education official. While there are reliable statistics about primary and secondary Schools, currently available numbers for higher education are severely inadequate, said Sunil Kumar, additional secretary for higher education at the Ministry of Human Resource Development. Addressing a conference organized by the Confederation of Indian Industry late last month, he said the survey would map...
More »Law dept examines draft RTE rules
The directorate of education (DoE) has already framed the draft rules for the implementation of the Right of Children to Free and Compulsory Education (RTE) Act, 2009, in Goa and has forwarded the rules to the state government for its vetting by the law department. Sources in the DoE said that the draft rules, once finalized, will then be forwarded to the state government for its approval and for the...
More »Environmentalists petition Nitish to stop asbestos factory by Shoumojit Banerjee
An uneasy calm has descended over the village of Bishnupur-Chainpur, currently a hotbed of passionate agitation against a proposed Rs.31-crore asbestos factory to be set up by the Kolkata-based Balmukund Cement and Roofing Ltd (BCRL). As the impasse between the village residents and the company management continues, environmentalists and asbestos experts over the world are petitioning Chief Minister Nitish Kumar to firmly consign the “killer dust” jinn back into the bottle. On...
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