India's unemployment rate is likely to decline by as much as 97 basis points by 2028 as the country's economy hits the USD 5 trillion mark, fuelling a rise in employment, a new report said. Unemployment rate -- the percentage of people in the labour force who are without jobs …
This book helps connect the dots between economic theory, the role of capabilities, the lessons from history and the practical challenges of design and implementation of industrial policies. In so doing it provides an excellent policy roadmap for anyone interested in the challenge of promoting catch-up growth and productive transformation.
The Adivasi women of Moticher village in Surat district have knocked on every door with their complaints. They want easy access to water, jobs for the youth and schools for their children. With none willing to lend a ear, they have decided to boycott the Lok Sabha elections. About 25 …
Segolene Royal, appointed French energy and environment minister this month, said on Friday she planned to create 100,000 jobs in the next three years with a drive for green growth. Royal told a news conference she wanted to accelerate investment in renewable energies like wind, solar, biomass and marine energy, …
Predicts no more than 6.5% yearly from now till FY19, and only with a stable and decisive govt Analytical firm CRISIL Research said on Sunday it expected the economy to grow by 6.5 per cent yearly, on an average, from 2014-15 to 2018-19 — roughly the period of the next …
The Transport, Health and Environment Pan-European Programme (THE PEP) partnership on jobs in green and healthy transport is exploring potential job creation in greener, healthier, more efficient transport. This publication focuses on potential job creation in public transport, cycling and walking. An analysis of the available evidence suggests that these …
A sum of Rs94.977 billion have been spent on alleviation of poverty from the country from the year 2008 to 2013, Minister for Finance, Revenue, Economic Affairs, Statistics and Privatisation Muhammad Ishaq Dar said Wednesday. In a written reply to the question of Ms Khalida Mansoor in National Assembly, he …
Seeking to widen its social base beyond the traditional OBCs, the DMK mooted Scheduled Tribe (ST) status for all traditional fishermen on the lines of Kerala and Karnataka, and vowed to work for amendments to dispense with ‘creamy layer’ in reservations. Releasing the party’s Lok Sabha election manifesto, DMK leader …
India’s 2005 National Rural Employment Guarantee Act creates a justiciable 'right to work' by promising up to 100 days of wage employment per year to all rural households whose adult members volunteer to do unskilled manual work. Work is provided in public works projects at the stipulated minimum wage. This …
As a relief for the construction industry in the city, Supreme Court has extended sand mining from the state's riverbeds till March 31. As the 82 mining lease holders have not procured environment clearance from the ministry of environment and forest, the Rajasthan Bajri Truck Operators' Welfare Society had filed …
The Government today said there is a noticeable decline in below poverty line population in the country between 2004 and 2012. As per poverty estimates released by the Planning Commission, the percentage of population below poverty line in urban areas has declined from 25.5 per cent in 2004—05 to 13.7 …
Interim Budget 2014-2015 - Speech of P. Chidambaram. In the speect he stated that "The Global Risks 2014 report has mapped 31 global risks. Of highest concern are ten risks that include fiscal crisis, structurally high unemployment or underemployment, income disparity, governance failure, food crisis, and political and social instability. …
India has made encouraging progress by halving its official poverty rate, from 45 percent of the population in 1994 to 22 percent in 2012. This is an achievement to be celebrated—yet it also gives the nation an opportunity to set higher aspirations. While the official poverty line counts only those …
With ‘unsatisfactory’ growth, the industrial sector in Jammu and Kashmir is in constant decline leaving the state much behind the rest of India in industrialization, government data says. The Economic Survey 2013-14 prepared and released by the Jammu and Kashmir government recently says that though the share of industry to …
The Aga Khan Rural Support Programme (AKRSP) has selected six union councils here for work for poverty alleviation with the financial assistance of Pakistan Poverty Alleviation Fund (PPAF). In a briefing to mediapersons, AKRSP regional programme manager Sardar Ayub and PPAF project manager Imtiaz Ahmed said that the initiative would …
Average project size in the State more than that in other States. Odisha has been selected as the best State for providing self employment to the urban poor under Swarna Jayanti Sahari Rojgar Yojana (SJGRY), official sources said. The State has been selected for the National Award for 2012-13 and …
Global unemployment rose by 5 million last year, the International Labour Organization (ILO) said on Monday, criticising governments for a lack of job creation policies. Some 202 million people, or 6 per cent of the world’s working-age population, were without a job last year, the UN agency said in its …
The project aims to build roads, water and sanitation systems, markets and bus terminals for municipal services The World Bank will give $410m credit to promote municipal governance and basic urban services in district towns and municipalities in Bangladesh. The credit from the International Development Association, the World Bank’s arm …
Five years after the global financial crisis, the world economy is showing signs of bouncing back this year, pulled along by a recovery in high-income economies, says the World Bank’s latest Global Economic Prospects report. Developing country growth is also firming, thanks in part to the recovery in high-income economies …
The World Economic Situation and Prospects 2014 reports that the global economy is improving but remains vulnerable to new and old headwinds. Global economic growth is forecast to accelerate from a sluggish 2.1 per cent in 2013 to 3.0 per cent in 2014 and 3.3 per cent in 2015. The …
This report is based on the employment and unemployment survey conducted in the 68th round of NSS during July 2011 to June 2012. The survey was spread over 12,737 FSUs (7,469 villages and 5,268 urban blocks) covering 1, 01,724 households (59,700 in rural areas and 42,024 in urban areas) and …