-TheWire.in The bargain between companies and their 'employees' must become more equitable. The continuation of the Russia-Ukraine war is raising the fear of an imminent stagflation (a combination of inflation and unEmployment led by a low growth). Worldwide inflation numbers are on the rise. Most sources of data are suggesting a higher inflationary regime. In March 2022, the US, the largest economy in the world, recorded a 41-year high inflation of 8.1%....
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Statistics of poverty suffer from the country’s poverty of statistics -Himanshu
-Livemint.com India’s lack of official data for estimates could impair policy formulation and thus hurt the economy Two different sets of poverty estimates for India were released recently. One of the papers was authored by Surjit Bhalla, Karan Bhasin, and Arvind Virmani and the second by Sutirtha Roy and Roy Weide, both affiliated to the World Bank. Both presented estimates for roughly the same period, after 2011-12, but ended up at starkly...
More »A Tale of Trade-offs: The Anatomy of the Direct Benefit Transfers System -Aarushi Gupta and Siraj Hussain
-TheWire.in While the system was rightly designed to eliminate ghost beneficiaries, the impact of exclusion errors needs to be professionally and independently evaluated in detail. The direct benefit transfer (DBT) system has come to dominate the discourse on public service delivery in India. The existing rhetoric around its efficacy being one of anti-corruption, cost efficiency, and elimination of middlemen. Payments under DBT are made to low-income households using an elaborate, digitised system...
More »Is India Facing a Post-pandemic Employment Crisis? -Murali Krishnan
-Newsclick.in India's job market is tightening, and skilled workers are finding it harder to enter the workforce. Government job drives and the informal economy have been unable to make up the difference. Pramod Lal is a 23-year-old recent business graduate from northern India, who thought he had the credentials to be competitive in the job market. However, Lal's attempts to start a career have yet to succeed. "Education is no guarantee for a...
More »Displacement and Livelihood of Industrial Workers on the Periphery of Delhi: Case Study of workers in Narela Industrial Estate -Dr. Tanya Chaudhary
-Newsclick.in The case study of Narela shows that informal workers exist in a perpetual cycle of precariousness, distress and displacement in a megacity. The case study of Narela shows that informal workers exist in a perpetual cycle of precariousness, distress and displacement in a megacity. While this cycle could be broken through interventions in the realms of social provisioning and legislative framework, the State’s policies instead seem to be working towards strengthening...
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