-The Hindu It is time to formulate a wage employment-based national urban livelihood scheme similar to MGNREGS During the pandemic, we have again and again faced the difficult choice of saving lives versus protecting livelihoods. According to the World Economic Outlook report of April, 2021 of the International Monetary Fund (IMF), almost all countries, except China, experienced economic contraction last year. The global GDP shrunk by 3.3%. The contraction in the U.S.,...
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No time to lose, says Sunita Narain on the new IPCC report
-Press release by Centre for Science and Environment dated 9th August, 2021 The latest IPCC report confirms that we can no longer lose time in prevarication or in finding new excuses not to act, including empty promises of net zero by 2050. We bring you an appraisal of the report’s findings by CSE director general Sunita Narain * The Intergovernmental Panel on Climate Change (IPCC) releases the first part of its sixth...
More »A disconcerting picture behind the headline numbers -Ishan Anand
-The Hindu There is evidence to suggest that the PLFS data may underestimate the loss of earnings and fall in consumption The third annual round of the Periodic Labour Force Survey (PLFS) data conducted during July 2019-June 2020 was released recently. The PLFS captures key indicators of the labour market such as the labour force participation rate (LFPR) — the proportion of population working or seeking work; worker-population ratio (WPR) — the...
More »Labour pangs
-The Telegraph Trying to make labour force survey results look artificially attractive by the government may only be an attempt at self-deception The latest Periodic Labour Force Survey data for July 2019 to June 2020 released by the Central government shows a rise in the labour force participation rate and a fall in the unemployment rate even when the economy registered a sharp deceleration in the rate of growth. This is surprising...
More »30 Years of Economic Reforms – A Saga of Growing Inequalities -Prabhat Patnaik
-Newsclick.in The votaries of economic reforms miss the point that while it may have increased GDP Growth Rate, it has worsened the conditions of the working people. It is 30 years since India adopted neoliberal policies in 1991, though some would date their introduction even earlier to 1985. Newspapers are full of assessments of the impact of these policies on the economy, and liberalisers from Manmohan Singh downward, have suddenly become visible,...
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