-The Hindu Business Line A mint-fresh working paper by the Reserve Bank of India once again trains the spotlight on a problem that, for five decades, every policy-maker has planned to snuff out, failed to, and then wished it would go away if ignored. But financial exclusion simply hasn't, and we now have the central bank applying its forensic Skills to an examination of its magnitude. The title of Working Paper Series...
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The great jobs disaster-CP Chandrasekhar and Jayati Ghosh
-The Hindu Business Line In much of the discussion on the turnaround after the Great Recession, attention has been focused on financial consolidation and the halting return to growth. Far less attention has been paid to the persistence of high and even rising unemployment and its sources. In the desperate search for evidence that the global recession has bottomed out and the recovery has arrived, the story told by the long-term trend...
More »'Only 2% of India’s youth have vocational training' -Subodh Varma
-The Times of India NEW DELHI: Here is a pointer why industry groans about the lack of skilled manpower. Just 2% of India's youth and only about 7% of the whole working age population have received vocational training, a recently released survey report reveals. As in the past, hereditary learning or learning on the job continue to generate more Skills than the whole formal vocational training set up of the country which...
More »Speak the same tongue-Suvojit Bagchi
-The Hindu Now it is mandatory for IAS and IPS officials posted in Chhattisgarh to learn at least one local tribal language The Communist Part of India (Maoist) had made local tribal language learning mandatory for its cadres in Chhattisgarh (erstwhile Madhya Pradesh) soon after they arrived from neighbouring Andhra Pradesh in the early Eighties. Hence, in the next decade, all its Bengali, Telugu or Marathi speaking cadres picked up at least...
More »Parliamentary panel opposes automatic promotion under RTE-Aarti Dhar
-The Hindu Opposing the provision of automatic promotions till Class VIII under the Right of Children to Free and Compulsory Act, 2009, a Parliamentary committee has asked the Ministry of Human Resource Development to "rethink" the policy as a student may not be motivated to work hard if promotion was guaranteed. Expressing concern over the quality of education under the RTE regime and the learning outcome, the panel has asked the Ministry...
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