-The Hindu Business Line Demographic trends tell us that the working age population will continue to rise till 2040 Jobs, employment and unemployment are some of the words which have dominated the public and political debates in India in recent years. In the just concluded State elections also this issue was in prominence. For a study on ‘Demographic Dividend in India’, United Nations Population Fund (UNFPA) carried out population projections up to...
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Resources for Welfare Expenditure -Prabhat Patnaik
-Networkideas.org The basic income scheme that is in the air these days, which amounts to handing over a certain sum of money to every household to ensure that it reaches a threshold cash income, is an extremely flawed scheme. Instead of enjoining upon the state the obligation to provide essential goods and services like food, education, and health, to its citizens, it absolves the State of all such responsibility, once it...
More »'Make in India' has not eased manufacturing woes -Sneha Alexander
-Livemint.com * Despite its ambitious targets, NDA’s ‘Make in India’ has failed to improve investment, employment, and exports in India’s manufacturing sector * One area where this government has fared relatively better has been in attracting foreign direct investment (FDI) to the country MUMBAI: When the Bharatiya Janata Party (BJP) swept into power in 2014, one of its first acts was to launch the ‘Make in India’ initiative with the ambitious vow of...
More »Is the unemployment crisis for real? -Mahesh Vyas/ TV Mohandas Pai/ Sabina Dewan
-The Hindu Employment opportunities, formal jobs and the labour force are all shrinking The jobs situation in India does not reflect a crisis, but it is a matter of serious concern. A crisis is understood as an emergency that demands immediate attention, without which we could see a calamity of sorts. There is no immediate calamity of any kind on hand. But there is a deeply insidious problem at work in the...
More »Clear data doubts on India's growth story -N Madhavan
-The Hindu Business Line The government should explain constant variations in GDP figures. India’s reputation for data credibility could suffer “The (revised GDP) numbers are the result of a hatchet job” tweeted former Finance Minister P Chidambaram after the Modi government published the back-series GDP data late November. Ahmed Patel, his colleague in the Congress party, added his bit: ‘In its desperate attempt to re-write GDP data, the government resembles a student...
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