-The Indian Express Interestingly, researchers observed that as much as 5 million people left the workforce between 2016 and 2018. "The beginning of the decline in jobs coincided with demonetisation in November 2016, although no direct causal relationship can be established based only on these trends," The State of Working India (SWI) 2019 report released by Azim Premji University says. Bengaluru: Researchers and economists of Azim Premji University, based in Bangalore,...
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Why do India's governments have no long-term plans to tackle poverty through education? -Anirudh Krishna
-Scroll.in It is time for citizens to set an agenda for long-term governance, writes Anirudh Krishna in this excerpt from ‘Re-forming India’. Fixing the cycle of poverty – preventing descents and enabling escapes – is eminently possible. Other middle-income countries have much lower levels of poverty. It requires, however, that things work well in the public realm – that everyone, and not just the few who are assisted currently by social service...
More »MGNREGA to NYAY
-The Indian Express Congress manifesto should have promised better implementation of MGNREGA instead of another scheme In its previous ruling stint in New Delhi, the Congress’s flagship social welfare programme was MGNREGA, which provides 100 days of guaranteed wage employment in a year to every rural household whose adult members volunteer to do unskilled manual work. For its next shot at power, the grand old party is promising to implement a...
More »Underemployment is the problem, not joblessness -Alok Ray
-The Hindu Business Line The dismal quality of graduates is impacting the job market. But even high skilled workers are finding the going tough A big controversy has erupted over job creation under the Modi regime —in particular, over whether the unemployment rate in 2017-18 is, in fact, the highest in four decades as CMIE data as well as the officially undisclosed but reported in the press NSSO data seem to indicate. Further,...
More »How bankruptcy code can help fix India's agrarian crisis -Aishwarya Satija
-The Economic Times The IBC’s ‘fresh start’ process provides a systematic manner of waiving debts overseen by a judicial body. Historically, farm loan waivers have been used as a quick-fix solution to agrarian distress in India. Commonly used by political parties before elections, they have a long history at both central & state levels. However, the efficiency of waivers in actually resolving the debt burden of farmers is questionable. Waivers may work as...
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