-The Indian Express Cash in the hands of the poor can transform their lives. With bank accounts and an Aadhaar card for all becoming a reality, it is possible to transfer money directly to the poor and check middlemen who siphon away funds. Cash transfers (CTs) come in many forms. They may be conditional or unconditional, selective or non-selective, targeted or universal. Some types of CT are as susceptible to misuse as...
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Dividend or nightmare -Santosh Mehrotra
-The Indian Express How many jobs must be created to realise our demographic dividend (or avoid a nightmare)? Half of India's population is below 25. The worst-case scenario is that enough jobs are not created for the millions entering the labour force each year, and that this semi-educated mass becomes a force driving social conflict. The reason that East Asian countries (especially China) rode the wave of the demographic dividend and dramatically...
More »Where are the jobs? -Devinder Sharma
-DNA It's a misconception that high economic growth translates into employment A recent report prepared by the consultancy firm PricewaterhouseCoopers for the Confederation of Indian Industry (CII) harps on the usual premise of boosting economic growth as the basis for job creation. Accordingly, it will still take 20 years to remove unemployment even if India grows at an annual growth rate of 9 per cent. This is exactly what we were...
More »Exploitation, by law -Vijay Raghavan
-The Indian Express The recent proposal by the National Commission for Women to legalise prostitution has opened up an old debate. It is a misnomer that legalisation would lead to improving the lives of women in prostitution by way of reduced harassment by the police and provision of healthcare facilities. Advocates of legalisation should first examine the experience of countries where prostitution has been legalised. The mere fact that licensing has...
More »Half-full, half-empty -Subir Gokarn
-Business Standard India's mixed record on the Millennium Development Goals is a pointer to policy priorities In 2000, the United Nations held a Millennium Summit, at which the membership adopted the Millennium Development Goals (MDGs). Spanning a range of development indicators - poverty, gender, health, education and the environment - the MDGs essentially established a set of targets for the global community to achieve by 2015. The framework sets eight broad...
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