-Newsclick.in The falling work participation rate shows that the economy is in deep crisis. Various other economic indicators show this as well. In a stark and chilling confirmation of what the whole country has known for some time, a govt. report shows that Indian workforce (those actually working) declined from about 54% of the working age population in 2011-12 to 51% in 2015-16. While the working age population increased by 2.9% per...
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UP: Some comic no relief -Abheek Barman
-The Economic Times blog In 2016-17, the average Indian earned Rs 1.12 lakh a year, about Rs 9,300 every month. That year, the average person in Kerala made Rs 1.98 lakh a year, a monthly income of Rs 16,500. Uttar Pradesh is home to 200 million people, the combined population of Italy, South Korea and Spain. Each average person in UP earns Rs 72,300 every year, around Rs 6,000 per month. The...
More »DeMo was ethically flawed -A Srinivas & Sandhya Rao
-The Hindu Business Line The possible gain arising out of tax compliance has come at too high a human cost ‘There are three kinds of lies: lies, damned lies, and statistics.’ – Benjamin Disraeli After the RBI’s latest revelations — of 99 per cent of the extinguished currency having returned to the banks — media pundits and economists have wasted no time in saying that efforts to obliterate black money have failed. However,...
More »The illusion, the reality check -Pranab Bardhan
-The Indian Express Three years after the Modi government assumed office, the promise of job creation is unmet. The demon of corruption is not yet slayed As the triumphal march of the Modi-Shah juggernaut continues, smashing the feckless and disorganised Opposition on its way, it is useful to ponder over at least two of the grand hoaxes of the current regime over the last three years that have been impressively successful with...
More »A New Agrarian Season, but an Old and Futile Question for the Indian Farmer -Jaideep Hardikar
-TheWire.in Farmers are once again wondering which crop will fetch them guaranteed good returns. Nagpur: What do you grow on your farm in the coming season that will fetch you good returns? This is a question millions of peasant farmers, particularly those with small holdings and no protective irrigation, are likely to ask themselves this month, possibly with no answers. They’ll go back to what they have been growing on their fields thus far,...
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