-IdeasforIndia.in With over 80% of India’s workforce employed in the informal sector and one-third working as casual labour, Covid-19's spread and subsequent unplanned lockdowns, have created economic havoc in the lives of millions. In this post, Reetika Khera puts forward suggestions on what can be done to help people immediately, ranging from cash and in-kind assistance to special measures for migrants in urban areas and urgent health-related measures. The spread of the...
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Piketty’s New Book: Praise for Caste-Based Affirmative Action and Other Takeaways for India -Ashish Mehta
-TheWire.in In 'Capital and Ideology', the economist expands his investigations across the globe and over long periods of history to explore the role of ideologies in fuelling inequality. Thomas Piketty made his name in 2014, when his Capital in the Twenty-First Century became an unlikely bestseller. Overnight, he achieved rockstar status – a rarity for an economist. The book seemed to express the outrage against Economic inequality, which was making headlines then,...
More »Only 8.4 crore poor in India, claims a new study -Sunitha Natti
-The New Indian Express The authors conclude that the record pace of poverty reduction was due to high growth rate. Only 84 million (8.4 crore) Indians are poor as on 2017 down from 270 million in 2011, claims a new study. It also states that poverty, as per the Tendulkar Poverty line, reduced from 14.9 per cent in 2011 to 7.0 per cent in 2017 -- the fastest pace the country has seen...
More »A brief exercise in not taking the Economic Survey 2020 seriously -S Subramanian
-TheWire.in This survey was about wealth and entrepreneurship and free markets and privatisation, not about poverty or inequality or public employment schemes. This is a quick summary review of the latest Economic Survey (2019-20). I have to admit that this quickly-written assessment is a product of an equally quickly-read Survey. If I have not quite pored over it, it is because I found no evidence in the Survey to suggest that it...
More »'Digital divide' persists despite the country's desire to become a digital giant
A recent report of the Ministry of Statistics and Programme Implementation (MoSPI) brings forth the dichotomy between digital divide and India’s transition towards a cashless economy. The rural-urban divide in access to computer and internet is quite stark, according to the report entitled 'Key Indicators of Household Social Consumption on Education in India, July 2017 to June 2018'. The 75th round National Sample Survey (NSS) report on education finds that...
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