-The Hindu Why measuring inequality is not the same as measuring changes in the level of poverty in India In recent years, there has been a lot of discussion on increasing inequality within several countries of the world, including India, particularly after the publication of Thomas Piketty’s book on inequality. It is true that rising inequality has adverse economic and social consequences. The Gini coefficient or other measures of inequality are being...
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Economist Paul Krugman warns India of mass unemployment if manufacturing sector does not grow
-Scroll.in The Nobel laureate noted that the country does not yet have the jobs essential to sustain the projected growth in demography. Nobel laureate Paul Krugman on Saturday warned that India may end up with mass unemployment if its manufacturing sector does not grow, News18 reported. The American economist was speaking at an event that the news channel had organised. “As the world’s economies took off because of growth in the manufacturing...
More »Economic gender gap will take 217 years to close: WEF report -Tina Edwin
-The Hindu Business Line ‘Increased participation of women in economic activity can boost economy’ New Delhi: When the theme for 2017 International Women’s Day was set as ‘Be Bold for Change’, little did anyone imagine that later that year Hollywood actress Ashley Judd would come out and speak up against film production and distribution house Miramax co-founder Harvey Weinstein who had sexually harassed her in the early years of her career. Judd proved...
More »Too clever by half? -Venkatesh Athreya
-Frontline.in Despite its deeply flawed neoliberal perspective, Economic Survey 2017-18 is rich in detail, has many useful analytical discussions at different levels of aggregation, and would serve as a useful resource for students and scholars. When Arvind Subramanian, the present Chief Economic Adviser to the Ministry of Finance who took office way back in October 2014, presented his first Economic Survey, the one for 2014-15, there was considerable novelty on offer, at...
More »'Of Hits and Misses: Analysis of Union Budget 2018-19' -CBGA
-Centre for Budget and Governance Accountability (CBGA) Union Budget 2018-19 is the fifth and the final full-year budget of the current ruling dispensation. The major plank on which this government was elected in 2014 with an exceptional mandate were issues of development related to reducing corruption, generating meaningful employment opportunities, tackling inflation (especially food inflation, an issue plaguing the economy at that point of time), reducing inequality, and pushing the economy...
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