-The Hindu Business Line Claims that the economic gap in India is being bridged are not borne out by NSS data Recent accounts of poverty reduction - especially during 2004-11- triggered by the release of the 68th round of the NSS data, have been euphoric. Growth acceleration not just resulted in more rapid poverty reduction over this period than during 1993-2004 but it was also more inclusive as the most disadvantaged groups,...
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World economy to strengthen as job growth remains ‘stubborn’ –UN report
-The United Nations The global economy is expected to strengthen over the next two years, despite a downgrade of growth prospects for some developing countries and transition economies, and "stubbornly slow" job growth, according to the United Nations World Economic Situation and Prospects 2014 mid-year update launched today in New York. "More than five years after the financial crisis, the world continues to struggle with getting the global economic engine back to...
More »Lucrative but ‘fundamentally evil,’ forced labour must be eradicated once and for all –UN agency
-The United Nations Millions of people suffering under the yoke of modern slavery - more than half are women and girls primarily in commercial sex trade or domestic work - are generating some $150 billion a year in illegal profits for the people who are exploiting them, according to a new report released today by the United Nations International Labour Organization (ILO). The startling new report, Profits and Poverty: The Economics of Forced...
More »Seeds of doubt in Gujarat's agri story-Sanjeeb Mukherjee
-The Business Standard Different economists have arrived at varying figures to assess the state's agricultural growth. The author tries to understand the rationale behind these conflicting numbers As Narendra Modi, having led the government in Gujarat for 13 years, heads to New Delhi to try and replicate what is called the Gujarat model on a national level, the country's leading agriculture economists are engaged in a fascinating debate over the agriculture growth...
More »Reading Piketty in India -Martin Ravallion
-The Indian Express Human capital inequality is what India needs to be most concerned about right now. THOMAS PIKETTY's Capital in the Twenty-First Century has attracted a great deal of attention, especially (it seems) where I live, in Washington DC. Some people have said the city has caught a severe case of "Piketty fever". Everyone seems to be talking about the book - clearly many more people than have read its 700...
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