-The Indian Express There are grand promises. But the actual increases in budgetary outlays are shockingly low. This government is especially good at optics, at managing public perceptions to persuade people that it is working for them, rather than doing so. So it is no surprise that Arun Jaitley’s pre-election budget speech went on about how much his government cares for the people, the poor, for farmers, for women, for people...
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Forced formalisation is not healthy -C Rammanohar Reddy
-Business Standard The large informal sector is a consequence - not a cause - of the low level of development For decades, one of the central aims of economic policy in India has been to create conditions for workers to move from low- to high-income employment. This has usually implied a shift from the informal sector where productivity is low, to the formal sector where productivity is high. This process of “formalisation”...
More »How government can double farmer incomes
-Livemint.com Farmers need structural reforms, crop diversification and greater public investment rather than subsidies and price support Indian agriculture has been relatively untouched by the structural reforms that lifted incomes in other parts of the economy. Low farm productivity meant that governments tried to improve the lot of farmers through price policy. The problem is that engineering a shift in the terms of trade through higher support prices usually leads to generalized...
More »A misleading story of job creation -Praveen Chakravarty & Jairam Ramesh
-The Hindu India does not create 55 lakh new jobs every year, as claimed by a new report A recent research report titled “Towards a Payroll Reporting in India” authored by the Group Chief Economic Adviser of the State Bank of India and a professor from the Indian Institute of Management, Bangalore has caught the media’s and the Prime Minister’s fancy. Ostensibly, the main objective of the report was to make a...
More »Coalition of civil society organisations oppose the Transgender Persons Bill 2016. But why?
-Press release by All India Transgender and Intersex Collective The Constitution of India, framed under the guidance of Dr. BR Ambedkar, was built on the framework of equality, justice, liberty and secularism. It is only due to these ideals that communities of people forced into society's margins have won some legal rights and also gathered the courage to fight against social injustice. The fight still continues, especially because transgender persons, dalits,...
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