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India’s jobless growth is undermining its ability to reap the demographic dividend -Christophe Jaffrelot

-The Indian Express The last quarterly survey by the Labour Bureau showed that India has never created so few jobs, since the survey started in 2009 The last quarterly survey by the Labour Bureau showed that India has never created so few jobs, since the survey started in 2009, as in 2015: Only 1.35 lakh jobs compared to more than nine lakh in 2011 and 4.19 lakh in 2013 in eight labour-intensive...

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Water shortage could cost some regions 6% of GDP: World Bank -Mayank Aggarwal

-Livemint.com World Bank report says combined effects of growing populations, rising incomes and expanding cities will see demand for water rising exponentially, while supply becomes more erratic and uncertain New Delhi: Water scarcity, exacerbated by climate change, could cost some regions up to 6% of their gross domestic product (GDP), spur migration and spark conflict, said a report released by the World Bank on Tuesday. The report, High and dry: Climate change, water...

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IMF warns of growing inequality in India and China -Remya Nair

-Livemint.com IMF points to problem with redistribution of incomes as high growth rates are not reducing inequality New Delhi: The International Monetary Fund (IMF) has warned that both India and China face the social risk of growing inequality. By implication, it is suggesting that there is a problem with the redistribution of incomes in both these economies as high Economic Growth rates are not reducing inequality. In its regional economic outlook for Asia...

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The indirect benefits transfer -Jayati Ghosh

-The Hindu India’s record in collecting taxes has been pathetic, and it is getting worse. The declining rates of direct taxation are an indication of the political choices of the government We now have a peculiar combination in the economic policy of India: a declared attempt at fiscal consolidation, combined with a reluctance to do what it takes to raise tax revenues. This unfortunate juxtaposition has meant a squeeze on Central government...

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The forgotten ones: Looking at agricultural labourers -Sukhpal Singh & Shruti Bhogal

-The Tribune While there are have been debates about the plight of farmers, hardly have we ever heard or read anything about the condition of agricultural labourers. They are the victims of economic downturn in the rural sector. THE economy of Punjab today, embroiled in various economic issues, is showing signs of crisis in the agrarian sector. We often hear and read about the woes of the farmers who are committing suicides,...

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