-TheWire.in "I think the fact that the whole [NSSO] exercise began with a fundamental premise of keeping it comparable, that has been forgotten." The fierce debate over India’s unemployment figures came to a head last week, when a jobs data report by the National Sample Survey Office (NSSO) was finally made public. This report has been a source of contention ever since two members of the National Statistical Commission (NSC) resigned allegedly...
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Cities at crossroads: Federalism for the city -Isher Judge Ahluwalia
-The Indian Express In his second term, Prime Minister Modi can ensure better urbanisation through greater devolution of power, and finances, to urban local bodies. As Prime Minister Narendra Modi begins his second term with an even larger political mandate, it is time to reflect on what should be the priorities in fixing our cities. The scale of the challenge is massive whether we look at the availability of clean drinking...
More »Could the single engine driving India crash? Yes, if you go by one of Modi's top guys
-The Economic Times At a time when the shadow of a slowdown lengthens but the government steadfastly downplays any such concern, here comes a cracker of an observation from one of India's most celebrated economists who also happens to be a vital cog in Modi's policy team. In an interview to NDTV, Rathin Roy, member of the Prime Minister's Economic Advisory Council (PMEAC) and Director of National Institute of Public Finance &...
More »The Middle Income trap that India must avert
-Livemint.com A top economic adviser has flagged the risk of stagnation that lack of inclusive growth could cause. We must reduce inequality and help everyone achieve upward mobility The warning by Rathin Roy, a member of an economic panel advising Prime Minister Narendra Modi, that India could be headed for a “structural crisis" has sparked a debate on whether the economy’s days of high single-digit growth rates are a thing of the...
More »The anatomy of India's middle class -Nikita Kwatra
-Livemint.com Contrary to the assumption that the middle class is an urban phenomenon, a considerable segment of the Indian middle class resides in rural areas, finds a new study The size of the Indian middle class has always been at the heart of the narrative around India’s economic development. And yet the term middle class remains arbitrarily defined with estimates of its size and characteristics varying significantly based on subjective notions of...
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