-The Indian Express The Union budget should focus on enhancing credit flows to the small and marginal farmers, increase investment in health and education. The first advance estimates of GDP for 2020-21 are much better than the earlier market consensus and shows the inherent strengths of the Indian economy. The economy is expected to contract by 7.7 per cent implying a COVID-19 induced loss of Rs 9.61 lakh crore in real terms...
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Quality gigs, a solution to urban unemployment -Vineet John Samuel
-The Hindu With no urban equivalent to the NREGA as yet, there must be a focus on supporting new forms of employment With the Indian economy gradually finding its feet after a historic contraction of negative 23.9% in the April-June quarter, economic commentators have busied themselves with debating the need for fiscal expansion and the viability of a “V-shaped recovery”. These debates, however, have shifted focus away from the employment question, considered...
More »MGNREGA: rural welfare on crutches -Debmalya Nandy
-The Telegraph The inadequate sanctioning of schemes across gram panchayats hinders operations, thereby reducing employment opportunities The Mahatma Gandhi National Rural Employment Guarantee Act tracker released by the People’s Action for Employment Guarantee as well as a research report presented by LibTech India reveal why the rural job programme has not been able to cater to the needs of the poorest during this steep rural job crisis. Earlier, a survey by the Azim...
More »The country should worry about further worsening of economic inequality in the post-COVID period
The World Economic Outlook – a bi-annual publication of the International Monetary Fund (IMF) -- released in October 2020 has anticipated that the economic progress made by the countries since the 1990s to reduce poverty would be turned upside down by the COVID-19 pandemic. On top of that, economic disparity would rise too in the post-COVID world because the crisis has disproportionately impacted women, informal sector workers and people with...
More »Are we undercounting India’s women workers? -Roshan Kishore and Abhishek Jha
-Hindustan Times An HT analysis of per capita worker incomes and per capita incomes in China and India showed that India’s gap with China was much larger when it came to per capita incomes than per worker incomes. India needs more women to join the workforce. According to the latest Periodic Labour Force Survey (PLFS), only 25.9% of women between the ages of 15 and 49 were either working or looking for...
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