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Mahesh Vyas of the Centre for Monitoring Indian Economy (CMIE) , interviewed by Govindraj Ethiraj (IndiaSpend.com)

-IndiaSpend.com Latest data indicate a structural shift away from organised sector jobs towards more insecure self-employment or unorganised sector jobs, Mahesh Vyas of the Centre for Monitoring Indian Economy (CMIE) tells us in this interview Mumbai: "We have an ageing population. If we have shrinking employment in urban places, if the better educated graduates or postgraduates are the ones who are losing jobs, how can we recover the Economy from the downslide...

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Rise of shadow entrepreneurship -Chirantan Chatterjee

-The Hindu Without regulation, the situation could spiral out of control Recently, a professor at a business school allegedly misused his faculty position to provide fake certificates to students whom he had compelled to attend an online course that he taught. He essentially took advantage of India’s rising pre-pandemic gig Economy in education. When authorities at the institution discovered the racket, they suspended him. This is a cautionary tale for the global...

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Financial boom at a time of economic stagnation -Sunanda Sen

-The Hindu The paradox becomes clearer by recognising the circuit of financial flows beyond the real Economy Divergences between the booming financial and the stagnant real sectors, which appear rather confounding as well as disconcerting, warrant an explanation. Enumerating the facts in India’s major secondary stock market, the Sensex (the benchmark index of the BSE Limited, or formerly the Bombay Stock Exchange Ltd.) has been found tracking an upward path, from 40,817 on...

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Fixing software bugs in India’s Economy -Arvind Subramanian and Josh Felman

-Livemint.com * Beyond the Budget, the key to reviving growth lies in improving economic stewardship. Here’s how * In the upcoming Union Budget, measures must be urgently taken in order to address the protracted and worsening Twin Balance Sheet problem, including revitalizing the IBC. NEW DELHI: The upcoming Union Budget is a critical one, for it offers an opportunity to reset the Economy so that it can boom again in the coming years....

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Climate change needs to be addressed or else be ready to pay the price

A recent report by Christian Aid -- an international NGO based out of London -- says that the world was not just hit by the COVID-19 pandemic in 2020, it actually faced massive loss of lives and livelihoods owing to the intensification of the ongoing climate crisis. Climate-related disasters varied from fires in Australia and the United States, floods in China, India and Japan to storms in Europe and the...

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