-The Times of India NEW DELHI: Muslims have the lowest share of working people - about 33% - among all religious communities in India. This is lower than the nationwide average work participation rate of 40%. The figure for Jains and Sikhs stands at 36% each. Buddhists, comprising mostly Dalits who embraced Buddhism in the 20th century, have a high working population share at 43%. For Hindus, the figure is 41%. Drawn...
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Structural Change in Bihar's Rural Economy: Findings from a Longitudinal Study -Alakh N Sharma & Gerry Rodgers
-Economic and Political Weekly Bihar has been showing signs of emerging from stagnation and backwardness. For this to occur in full, an agrarian transformation is central in a state where urbanisation remains very low. This paper uses longitudinal household data from a sample of villages to explore changes in production relations, land and other assets, agricultural development and occupational diversification. There has been a significant change in class structure and a...
More »Sorry state of India's health care sector
-Business Standard Investments in the health sector are far lower than those in the transport and energy sectors Of the 4,000-odd multi-crore infrastructure projects in the country, only nine (0.21%) - with a total investment of Rs 938 crore - are in the health sector, according to data published by the finance ministry. The public-private partnership (PPP) projects range from diagnostic centres to super-specialty hospitals. Investments in the health sector are far lower...
More »Arvind Subramanian, Chief economic advisor, speaks to Dilasha Seth, Arup Roychoudhury and Indivjal Dhasmana
-Business Standard Chief economic advisor Arvind Subramanian discusses the Budget, goods and services tax, Centre-state relationship and larger issues facing the economy with Dilasha Seth, Arup Roychoudhury and Indivjal Dhasmana. Edited excerpts: * In the mid-year economic analysis, you talked of revisiting the fiscal numbers for 2016-17. Is it a view of the chief economic advisor (CEA) or that of the government? I see my role as a member of the government. I...
More »Is the economy sick? -Salman Anees Soz
-The Hindu The Modi government’s policy is choking domestic demand at a time when global demand is also weak. This is hardly a recipe for double-digit growth. The title seems provocative. After all, for the last several months, we have all heard that India is now the fastest growing large economy in the world. The Finance Minister keeps assuring us that the country’s economic revival is on a firm footing and that...
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