-IPSNews.net NEW DELHI: Women account for less than half of India’s population but their participation in the workforce is way below that of men. They account for 27 per cent of the workforce. If – and it is a big if – their number were to increase to the same level as men in the workforce, the country’s output of good and services would expand by 27 per cent, argues Christine...
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Sonalde Desai, Prem Vashishtha and Omkar Joshi, lead researchers of the report entitled 'MGNREGA: A Catalyst for Rural Transformation', interviewed by Priyanka Kotamraju
Two recent reports show that this social sector scheme has had a causal impact in improving lives, especially for women and children Fourteen million people escaped falling into poverty under the world’s largest anti-poverty programme, the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). In 10 years of its existence, the scheme reduced poverty by 32 per cent. Recent data also shows that more women are drawing cash incomes, more children...
More »Failed crops, parched fields, now Marathwada faces the great thirst -Kavitha Iyer
-The Indian Express Wells dry up across 8 districts, storage down to less than 8%, residents trudge long distances, officials brace for worst drinking water crisis in 40 years. Beed/ Parbhani (Maharashtra): Seventy-year-old Parobai Shinde, carrying an aluminium pot that has seen better days, is briskly walking the 2-km stretch from her home in Manyarwadi village in Georai taluka in Beed district to Bharat Sonmali’s field. Sonmali is reploughing his 30...
More »Is inequality in India here to stay? -Vamsi Vakulabharanam
-Al Jazeera Prime Minister Narendra Modi is unlikely to narrow the gap between Indian elites and the rest of the population India has experienced a significant economic growth spurt in recent decades. After seeing annual growth of 3 percent in the years after independence in 1947, the rate began to double, reaching a rate of around 6 percent per year after 1980. However, the distribution of growth proceeds has been very uneven...
More »Forget Inflation Targeting -Prem Shankar Jha
-The Indian Express It has only managed to kill manufacturing and employment growth In the 1950s, misapplied economic policies gave India one of the lowest growth rates in the world for 30 years, and left it behind East and Southeast Asia. Now another set of policies is completing its economic ruin. The architect of this is the RBI and its instrument of choice, the interest rate. Indian business has been begging for a...
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