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Misra, S. N.
- Manufacturing and Education: The Missing Links
Authors
1 KIIT University, Campus-4, Chintan Building, Patia, Bhubaneswar, Odisha, Pin-751024, IN
Source
Indian Journal of Economics and Development, Vol 4, No 3 (2016), Pagination: 1-5Abstract
Background/Objectives: The Make-In-India policy is a takeoff on the National Manufacturing Policy (NMP) (2011) which seeks to bolster India's manufacturing and employment substantially. There is also a distinct shift from public sector dominance to Public Private Partnership (PPP) architecture and creating the right environment for private sector to flourish. However, a new education policy in sync with such manufacturing strategy is long awaited.
Methods/Statistical analysis: This paper seeks to highlight the different dimension of the missing links between the two policies. It has extensively depended on official sources to bring out appropriate tabular statements to bring out the trend analysis of various sectors in terms of employment, value addition and share in GDP. It has also analyzed major reports and findings in the education sector and cross verified the data through field study by adapting statistical sample study method.
Findings: The major findings are: inadequacy in budget allocation to different segments of education, serious short falls in terms of outcomes in primary education, research and patents registered by the universities and laboratories and significant gaps in skill availability to meet the opportunity in the pipeline. The stagnancy in the contribution of manufacturing sector in GDP share and employment generation has been brought out. The institutional constraints for realizing Ease-of-Doing Business and lack of financial empowerment of Panchayati Raj Institutions (PRIs) have also been highlighted.
Application/Improvements: The paper calls for empowering and emboldening our PRIs so that quality grass ischolar_main learning has a cascading impact at higher levels of learning and facilitate our yen to be a major Asian power through the Skill India initiative.
Keywords
Make-In-India, NMNP, PPP, GDP, Ease of Doing Business, PRIs, Skill India.- New Imperatives of Growth and Development:India at the Cross Roads
Authors
1 School of Management, Kalinga Institute of Industrial Technology, Deemed to be University, Campus-7, Krishna Campus, Patia, Bhubaneswar-751024, Odisha, IN
Source
Indian Journal of Economics and Development, Vol 6, No 1 (2018), Pagination: 1-8Abstract
Background/Objectives: After 1990 India adopted the path of liberalization, privatization and globalization, making it a “Breakout Nation” achieving an average growth of 7% in Gross Domestic Product (GDP). However, during the last two years, growth is showing a declining trend. The policy makers are in a quandary whether to persist with inflation targeting and Fiscal Responsibility and Budget Management (FRBM) act or be flexible with public debt, depreciate Indian rupee and provide greater fiscal incentives to spur private investment and exports. The objective of the paper is to bring out a credible policy mix, to improve growth, employment and Human Development Indicators (HDI).
Methods/Statistical Analysis: It has used data from credible official sources and analyzed them through suitable tables and graphs. A correlation between growth and development has also been established. The swan model has been used to demonstrate the demand and CAD short fall in India.
Findings: The major findings are that to mitigate demand and current account deficits there is a need to depreciate Indian rupee, bolster investment in the private and public sector and provide tax incentives to propel the “Animal Spirits” of the entrepreneurs. Further since India’s high growth is not accompanied by improvement in nutrition level of children, Maternal Mortality Rate (MMR) and extreme poverty reduction, investment in the social sector must be doubled. Quality of primary education, skilling and research initiatives have to give greater attention. Privatization of public sector banks (PSBs) will improve financial intermediation and curtails Non Performing Assets (NPAs) substantially.
Application/Improvements: The recommendations would mark a definitive departure from the current obsession with fiscal stability at the cost of growth and development.
Keywords
GDP, FRBM, HDI, Swan Model, MMR, PSB, NPA.References
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- Myriad Challenges of ICDS Programme:The Way Forward
Authors
1 School of Management, Kalinga Institute of Industrial Technology, Deemed to be University, Campus-7, Krishna Campus, Patia, Bhubaneswar-751024, Odisha, IN
Source
Indian Journal of Economics and Development, Vol 6, No 7 (2018), Pagination: 1-8Abstract
Background/Objectives: The Integrated Child Development Services (ICDS) was unveiled in 1975, as a landmark infant and mother nutritional program with the objective of decreasing Infant Mortality Rate (IMR), providing supplementary nutrition to children who are below the age of six and to expecting nourishing mothers for promoting non formal education through Pre School Education (PSE).
Methods/Statistical Analysis: The paper delves into the National Family Health Survey (NFHS), report of UNICEF through the Rapid Survey on Children (RSOC) 2013-14 and the World Bank report on the impact of malnutrition on Gross Domestic Product (GDP). It tries to establish a correlation between Infrastructure/Facility Index (FI) and Performance Index (PI) of different states and the PI based on Child Mortality Rate (CMR), Female Literacy Rate (FLR) and Poverty Ratio (PVR).
Findings: The findings clearly show that in terms of coverage, it has a wide reach and has improved percentage under institutional delivery significantly. However in terms of its impact on nutrition for children and of adolescent girls are disappointing. In terms of provision of micro nutrient supplementation, there are wide variation between different states, religion, general category, SC & ST and between male & female, apart from being abysmally low in-terms of intake. The performance index based on three parameters viz. CMR, FLR, PVR clearly show distressing trends in the most populous states of Uttar Pradesh & Bihar. There is a high degree of correlation (0.7%) between facility index and performance index of the better performing states. While coverage has been the main thrust of the programme, the quality dimension remains a serious concern. India has also not achieved Goal 5 of Millennium Development Goals (MDG) in terms of reducing Infant Mortality Rate (IMR) and Maternal Mortality Rate (MMR).
Application/Improvements: The paper suggests that though the ICDS programme is well conceived it requires greater allocation priority, better governance autonomy and association of sensitive NGOs. It strongly recommends improvement in the wages of Anganwadi workers and imparting suitable training to them to improve their skill level significantly. The existing infrastructure needs to be significantly bolstered. The early childhood and maternal care should be made a Fundamental Right, on the lines of Right to Education (RTE) Act 2005, so that inclusive justice is a reality.
Keywords
ICDS, RSOC, FI, PI, CMR, FLR, PVR.References
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