-The Hindu India’s failure to put in place a sound schooling system is exacting a heavy price Word has it that there are two schools of thought among Indian development economists — one advocating growth and the other redistribution. This perception is quite misleading. For one thing, growth and redistribution are not the only means of making the world a better place. To illustrate, civil liberties have much to contribute to the...

The recently released quarterly Periodic Labour Force Survey (PLFS) data broadly confirms the dip in employment and jobs during the countrywide lockdown period, followed by a certain degree of recovery in the post-lockdown months last year as have been indicated by various survey-based studies and research papers. The quarterly bulletin on PLFS provides data on key employment and unemployment indicators i.e. Unemployment Rate (UR), Worker Population Ratio (WPR) and Labour...

-TheWire.in Protesting farmers believe that the MSP will as a legal right will solve a lot of farmers' issues, including debt. While Prime Minister Narendra Modi was busy touting the Pradhan Mantri Garib Kalyan Anna Yojana, the Kisan Sansad (parallel parliament organised by farmers at Jantar Mantar) delved into a serious question – can the minimum support price (MSP) become a legal right? There were 200 new farmers’ representatives and six hours to...

-The Hindu Unless policy action ensures higher demand and growth, India will continue on the path of a K-shaped recovery In recent times, right-leaning economists have been arguing that the Government does not need to do anything with the economy and that it will revive by itself. They call those who disagree with them, doomsday merchants. These economists reason that, like after the Great Depression, the economy rebounded worldwide, and so will...

The pandemic's first wave had a devastating impact on the livelihoods of rural workers in Bihar (including the self-employed) last year, according to a survey based research, jointly done by economists from Centre for Development Economics and Sustainability at Monash University, Australia and the New Delhi-based Institute for Human Development. A recent press note issued by the authors of the study shows that almost 94.4 percent of the households participating...