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How India’s informal economy is shrinking, and why that’s good news in the long term -Ila Patnaik and Radhika Pandey

-ThePrint.in Greater formalisation will see a shift from low-paying, labour-intensive jobs in informal sector to more productive, formal-sector jobs. This could lead to disruption in short term. A report issued by the State Bank of India (SBI) last month estimated that India’s informal economy has shrunk to 15-20 percent of the GDP in 2020-21 from 52 percent in 2017-18. The report uses employment and digitisation to assess the extent of formalization in...

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Jharkhand: Free textbooks for students in government schools -Animesh Bisoee

-The Telegraph The govt would be providing it to all its over 7 lakh students of Classes IX-XII for the FIRst time since its over two-decade existence Jamshedpur: Students in government schools and intermediate colleges of Jharkhand will not have to purchase textbooks. The Jharkhand government would be providing free textbooks to all its over 7 lakh students of Classes IX-XII for the FIRst time since it’s over two decades of existence. It...

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Why counting caste matters -Kalaiyarasan A and Trina Vithayathil

-The Hindu Caste data will help us understand the contours of inequality and craft reasoned and inclusive policies The debate about whether the decennial Census should collect data on caste from individuals who fall into the administrative categories of ‘General’ and ‘Other Backward Classes’ (OBCs) has been argued by public intellectuals, politicians, and government administrators for decades. As the Census currently only collects data on ‘Scheduled Castes’ (SCs) and ‘Scheduled Tribes’ (STs),...

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As schools re-open, address language & mathematics competences at different grades, adopting a socio-emotional development approach, suggests NCEE

-Press release by National Coalition on the Education Emergency dated 2nd November, 2021 * India’s 250 million children returning to school after 18 months of school closures and devastating learning loss * The NCEE warns that re-opening schools cannot be “return to school” as normal, and lack of a comprehensive approach will deepen the existing education inequality * Education recovery efforts require a multi-year, radically new approach, NCEE says NEW DELHI: The overwhelming majority...

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The invisible churn in India’s labour markets -Abhishek Jha

-Hindustan Times A country’s unemployment rate can increase or decrease over time, and people can move from one form of employment to another. But headline numbers on unemployment rate and kind of employment do not tell us about the degree of churn in the labour market. One of the most basic concepts in economics is stock versus flow. Stock is a variable measured at a point in time. An individual’s net worth...

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