-The Hindu The latest GDP data released by the Central Statistics Office (CSO) raise more questions than they answer. While on the face of it, the projection of 7.6 per cent growth at constant prices for the fiscal year ending March 31 sounds both attainable and impressive, a closer look at the other sets of numbers, including the third-quarter reading, raises some flags. The pace of economic expansion is estimated to...
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Lack of 'suitable' jobs holding back women employment -Ishan Bakshi
-Business Standard According to NSSO, employment surveys, women participation rates in India fell sharply after 2004-05 India ranks 120 among 131 countries on women labour participation, according to a report by International Labour Organization. Traditionally, this has been blamed on a culturally patriarchal society and rising family incomes that allow more women to stay at home. A new paper by World Bank economists blames a "jobs deficit" for the decline in female labour...
More »A story of neglect -Paranjoy Guha Thakurta
-The Asian Age Is the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) a “living monument” of the failure of the economic policies of the Indian National Congress which has ruled the country for all but roughly 14 years since August 1947? Or is it that the MGNREGA, a law enacted a decade ago which seeks to implement the world’s biggest and most ambitious job creating scheme, one of the few...
More »Is the worst over for rural economy? -Mayank Mishra
-Business Standard Four of the 6 large states have seen uptick in rural wages, following equally sharp increase in coverage of the rural employment guarantee scheme After months of stagnation, rural wages have started inching up, albeit marginally. Coinciding with a renewed push to the rural employment guarantee scheme in the second half of 2015, rural wages have shown a marginal uptick since August. It remained nearly flat from December 2014 to...
More »In The Aftermath of Rohith Vemula’s Tragic Death, We Would Do Well To Heed Thomas Piketty’s Thoughts on Inequality -Monobina Gupta
-CaravanMagazine.in Thomas Piketty's comments on inequality allude to the same structures that surround Rohith Vemula's tragic death. On 21 January 2016, addressing a packed hall of students and scholars at Delhi’s Jawaharlal Nehru University, the French economist Thomas Piketty gave a talk in which he discussed the history of taxation, inequality and capital in the twenty-first century. Superficially, Piketty’s discourse appears to be entirely distinct from another recent discourse on inequality—that...
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