-Hindustan Times In the discourse on agriculture, for instance, farmer suicides are cited as the biggest proof of the agrarian crisis in the country by a large section. India’s political economy discourse is often a prisoner of the dictum that when there is no theory, there is a conspiracy theory. Corruption, rather than an accentuated cyclical shock after the global financial crisis, combined with the poor governance structures in Indian...
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No rise in working women despite high literacy levels: ICRIER study
-The Hindu Study cites combination of socio-economic factors such as marital prospects. A rise in literacy levels among women has failed to translate into an increase in the number of working women due to a combination of socio-economic factors such as the importance of education for improving marital prospects as well as higher prestige attached to households which keep women out of labour force, according to a new research. A study authored by...
More »Support for lives on the move -Arun Kumar & M Suresh Babu
-The Hindu A national policy for internal migration is needed to improve earnings and enable an exit from poverty Though migration is expected to enhance consumption and lift families out of absolute poverty at the origin, it is not free from distress — distress due to unemployment or underemployment in agriculture, natural calamities, and input/output market imperfections. Internal migration can be driven by push and/or pull factors. In India, over the recent...
More »Is "Formalisation" possible? -CP Chandrasekhar and Jayati Ghosh
-Networkideas.org In recent times, the clamour for formalising economic activity, or shrinking its unorganised component and expanding the organised, has been heard from diverse sources. There are those who want formalisation to occur because the unorganised sector is seen as being largely outside the direct and indirect tax net, depriving the government of much needed resources. Hence, for example, one feature seen as favouring the Goods and Services Tax regime is...
More »57% of regular Indian employees earn less than Rs. 10,000
-Livemint.com The ‘State of Working India’ report by Azim Premji University shows that the low wage is so evident that people earning Rs. 50,000 or more constitute just 1.6% of the total workforce in India New Delhi: Despite economic growth and gradual formalization of the workforce, low wages and wage growth remain key challenges with 57% of regular employees earning Rs. 10,000 or less a month, a new report published on Tuesday...
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