-The Hindu India has no industrial policy or employment strategy to ride the wave of its demographic dividend Job creation has slowed since 2011-12, the year of the last published National Sample Survey Office (NSSO) labour force survey. I used Labour Bureau annual survey (2015-16) data and Centre for Monitoring Indian economy Pvt. Ltd. (CMIE) data (post-2016), which has a sample size larger than the NSSO labour force surveys, to reach this...
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India Does Have a Real Employment Crisis -- And it's Worsening -Santosh Mehrotra
-TheWire.in Manufacturing jobs actually fell in absolute terms from 58.9 million in 2011-12 to 48.3 million in 2015-16. Economists have been writing for some months that, contrary to the claims of the government, there is plenty of data available that shows unmistakably that unemployment is high and rising. Educated unemployment has worsened just as young people are getting better educated, and expect to work outside agriculture in industry and services. We have done this...
More »Because data is a public good -PC Mohanan
-The Indian Express My resignation from National Statistical Commission was the last act in a long story of disregard for its reports William Setzer, in the working paper, “Politics and Statistics: Independence, Dependence or Interaction”, published by the UN, lists several possible areas where political interference in official data generation and publication can happen. One of these is the extent and timing of release of data. He cites several examples. Most...
More »Is Small Still Beautiful? Revisiting the Farm-Size Productivity Debate -Sarthak Gaurav and Srijit Mishra
-Working Paper No. 74, Nabakrushna Choudhury Centre for Development Studies, Bhubaneswar In this paper, we revisit the well-known debate on the inverse relationship between farm-size and agricultural productivity. Using unit level data from Situation Assessment Survey (SAS) of Agricultural Households in the 70th Round National Sample Survey (NSS), we test the relationship between yield (output per hectare) and land operated as well as the relationship between net returns per hectare and...
More »Managing the stimulus -Neelkanth Mishra
-The Indian Express The income transfer scheme was the highlight of the budget. But its success will need deft manoeuvring. Like in each of the previous two years, the run-up to the budget this year was rife with fears of significant fiscal slippage if the government caved in to political compulsions. And like in prior years, these fears turned out to be exaggerated. The decline in fiscal deficit ratios has indeed...
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