-The World Bank India has among the lowest female labor force participation rates (LFPRs) in the world. In particular, low female LFPR is a drag on Gross Domestic Product (GDP) Growth and an obstacle towards reaching a higher Growth path. Women are also an untapped source of managerial and entrepreneurial skills. By excluding women, the pool of such talent becomes shallower and Growth suffers. If the overall lack of jobs, especially...
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Data in the post truth era -Prabhat Patnaik
-The Telegraph The Narendra Modi government's record in tacitly supporting the actions of a bunch of vigilante thugs who have been terrorizing the country, especially the Muslims and the Dalits, in the guise of gau rakshaks, or opponents of love jihad, or 'nationalists', has been so outrageous that it has grabbed all the critical attention. In the process, the government's abysmal failures in other spheres have gone virtually unnoticed. One such...
More »In Maharashtra, demand grows for a minimum support price for all farm produce -Abhiram Ghadyalpatil
-Livemint.com In a year when Maharashtra’s agriculture sector recorded a Growth of 12.5%, a look at why farmers in regions as distantly located as Nashik and Wardha are up in arms Ahmedabad/ Nashik/ Warda (Maharashtra): Rajendra Borgude, 42, is a prosperous farmer half of whose 50 acre-irrigated farmland goes under grape cultivation. He drives a Nissan Terrano and was able to get a crop loan of Rs12 lakh from Nashik District Central...
More »Why bumper harvests spell doom -Ashok Gulati & Prerna Terway
-The Indian Express With a glut in agricultural production, prices have fallen below MSPs. The government needs to get the agri-market right to address the farm crisis The farmers’ protests in Madhya Pradesh (MP) and Maharashtra indicate that all is not well on the economic front, especially agriculture. If such unrest could happen in MP, which claims to have registered the fastest agri-GDP Growth at 9.7 per cent per year during...
More »Delayed impact
-The Hindu Business Line Recent macro data hint at delayed second-order impacts from note ban Did the Indian economy suffer only temporary hiccups from the abrupt withdrawal of high-value currency notes in November 2016? Until recently, the Government and quite a few commentators were convinced that it did. Macro-economic data releases such as the first advance GDP estimates (which retained real gross value added, or GVA, Growth at 7 per cent for...
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