India’s growth is not falling, although it is not as high as before If there is a crisis, there should be economics to deal with it; what use are economists if they are not around to help out when things get bad? And it is not enough to have economics. There was plenty of economics in 1929. As output and employment plummeted, economists said, this is good. It will take...
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First public audit of special economic zones in Maharashtra
Farmers and affected people from 8 districts present their cases before an eminent panel; public audits will take place in seven other States also DIV VILLAGE (RAIGAD DISTRICT): Speakers at the first public audit of special economic zones (SEZs) in Maharashtra raised trenchant questions on the constitutional validity of the law permitting these zones, and called for dislodging the government that was promoting such illegalities. Farmers and affected people...
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THE PASSING OF THE Right of Children to Free and Compulsory Education Bill, 2008, on July 20 this year, a full seven years after the 86th Amendment to the Constitution stipulated that “the State shall provide free and compulsory education to all children of the age of six to fourteen years in such manner as the State may, by law, determine”, should have been an occasion to celebrate. But both...
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Output and Growth According to the [inside]Economic Survey 2017-18, Volume-2[/inside] (please click here to access): • The growth rates of agriculture & allied sectors have been fluctuating at 1.5 per cent in 2012-13, 5.6 per cent in 2013-14, (-) 0.2 per cent in 2014-15, 0.7 per cent in 2015-16 and 4.9 per cent in 2016-17. • The Gross Capital Formation (GCF) in Agriculture and Allied Sectors relative to Gross Value Added (GVA) in...
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KEY TRENDS • In 2017-18, 24.8 percent of rural working-age men and 74.5 percent of rural working-age (viz. 15-59 years) women were not employed. In urban areas, 25.8 percent of working-age men and 80.2 percent of working-age women were not employed AB • Both the Periodic Labour Force Survey (PLFS) and the Consumer Pyramids Survey of the Centre for Monitoring the Indian Economy (CMIE-CPDX) report the overall unemployment rate to be around 6 per cent in 2018,...
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