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Bigger rural outlay to power growth: FM

-The Hindu Business Line 10 years on, MGNREGA to get more funds   New Delhi: Barely three weeks ahead of Budget 2016-17, Finance Minister Arun Jaitley indicated that the government could increase budgetary allocations for rural and social schemes like the Mahatma Gandhi National Rural Employment Guarantee Act. The allocation may be even higher than the ₹35,000 crore allocated in 2015-16. “One engine to grow further, despite the global slowdown that has also impacted our exports, can...

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Misguided emphasis on labour reforms -SP Singh & Amit K Giri

-The Hindu Business Line Going by the experience worldwide, it is unlikely to generate jobs in the formal sector Changes in land and labour laws are the two most important components of the second generation of economic reforms. Since early 1990, a slew of economic reforms have been initiated in almost all sectors. However, the governments in power from 1990 through 2014 did not introduce radical changes in the prevailing land and...

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India must increase women participation in labour force: ILO

-PTI GENEVA: India needs to increase women's participation in labour markets, build on its experience of its flagship employment scheme and provide social housing for the working poor to tackle unemployment, the ILO said today as it warned of a grim global unemployment situation. "Decreased labour force participation of women in India is a big problem. It is very important to promote their participation, their involvement in the Indian economy," the chief...

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Just 62 people now own the same wealth as half the world's population, research finds -Jon Stone

-The Independent Wealth inequality has grown to the stage where 62 of the world's richest people own as much as the poorest half of humanity combined, according to a new report. The research, conducted by the charity Oxfam, found that the wealth of the poorest half of the world's population - 3.6 million people - has fallen by 41 per cent, or a trillion US dollars, since 2010. While this group has become...

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Bina Agarwal, Professor of Development Economics and Environment at the University of Manchester in UK, interviewed by Samira Bose

-CaravanMagazine.in Bina Agarwal is a Professor of Development Economics and Environment at the University of Manchester, UK. Prior to this, she was the Director and Professor of Economics at the Institute of Economic Growth, Delhi University. Agarwal has written extensively on land, livelihoods and property rights; environment and development; the political economy of gender; poverty and inequality; legal change; and agriculture and technological transformation. Her best known work is A Field...

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