-Newsclick.in The falling work participation rate shows that the economy is in deep crisis. Various other economic indicators show this as well. In a stark and chilling confirmation of what the whole country has known for some time, a govt. report shows that Indian workforce (those actually working) declined from about 54% of the working age population in 2011-12 to 51% in 2015-16. While the working age population increased by 2.9% per...

-The Hindu It is crucial to align policy across sectors and upgrade the country’s social infrastructure In India’s highly segmented labour market, one can still discern at least three demographic groups that are in urgent need of jobs: a growing number of better educated youth; uneducated agricultural workers who wish to leave agricultural distress behind; and young women, who too are better educated than ever before. India is indeed the fastest growing large economy...

-The Times of India Former economic affairs secretary Shaktikanta Das , who played a key role during the demonetisation drive, spoke to TOI's Sidhartha & Surojit Gupta, four months after retiring from service in May. He says he does not agree with the criticism that implementation of demonetisation had serious shortcomings. Excerpts: * What is your assessment on the state of the economy? The macroeconomic parameters, except the growth figures which are down...

-Livemint.com Digital transactions rose 13.5%—from Rs109.82 trillion in August to Rs124.69 trillion in September, the second highest for a month since the demonetisation exercise New Delhi: Digital transactions in September rose to the second highest monthly level by value since the government’s demonetisation exercise in November. Transactions through digital means rose 13.5% to Rs124.69 trillion in September from Rs109.82 trillion in August, according to provisional data released on Wednesday by the Reserve Bank...

-The Indian Express To suggest that demonetisation improved rural wages on the basis of rise in income of some workers is misleading. It halted the recovery of the rural economy, which had begun after the 2016 monsoon. There is now a consensus that the economy has been slowing down and is headed for a hard landing. Many who matter have spoken out and as Yashwant Sinha points out (‘I need to speak...