-The Indian Express India’s economy is not doing well. Only carefully crafted policy reforms can turn it around The Indian government recently lowered its economic growth forecast for 2017-18 to 6.5 per cent, and there is reason to be concerned. That the economy would suffer a slowdown after demonetisation was inevitable, as all professional economists could see. But growth dropping to 5.7 per cent and 6.3 per cent in, respectively, the first...
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77% of Indian workers to have vulnerable employment by 2019: ILO -Prashant K Nanda
-Livemint.com Despite economic growth, 72% of workers in South Asia including India and 46% in South-eastern Asia will have vulnerable employment by 2019 New Delhi: The Asia-Pacific region will add 23 million jobs between 2017-19, aided by employment growth in South Asian nations, including India, according to the International Labour Organization (ILO). But a lot of the jobs being created are of poor quality despite strong economic growth and some 77% of workers...
More »Pranab Bardhan, professor of graduate school in the department of economics at the University of California (Berkeley), interviewed by Devadeep Purohit (The Telegraph)
-The Telegraph The Left in Bengal had often criticised him whenever he red-flagged excessive local tyranny, and spoke about the industrial decline in Bengal. The incumbent ruling party may make tall claims about changes in Bengal since the Trinamul government came to power but he has been candid enough to suggest that he hasn't seen much change either in industrial expansion or in investment in infrastructure. Former Prime Minister Manmohan Singh has...
More »Farmer-politics is a self-defeating exercise in today's India - Roshan Kishore
-Hindustan Times Herein lies the crisis of farmer politicians. They have neither aspirations nor the power of coercion working for them. Rural distress dominated discussions around the political-economy in 2017, and will likely continue to do so in 2018, much to the consternation of political incumbents. Those in opposition will be looking forward to harvesting this anger for their own benefit. One question is worth asking though. Where is the farmer-politician in...
More »Punjab's farm crisis a tragic irony -Devinder Sharma
-Deccan Herald Punjab, the food bowl of the country, is faced with a paradox of plenty. Ever since the launch of the Green Revolution in 1966, Punjab has been producing a record grain surplus year after year. Yet, over the years, it has turned into a graveyard for its farmers. There is hardly a day when reports of farmers committing suicide do not appear in Punjab newspapers. Take a look at the...
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