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Raghuram Rajan opens up on what's working and what's not working for India

-The Economic Times Just after Prime Minister Narendra Modi showcased a democratic and developing India to the global Leaders at the annual meet of World Economic Forum at Davos in Switzerland, India's former RBI governor Raghuram Rajan punctured Modi's India pitch. Modi said,"In India, 'Democracy, Demography and Dynamism' together are shaping the country's destiny and Leading it towards the path of Devepolment." He also said, "Our Mantra is 'Reform, Perform And Transform." However,...

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Kaushik Basu, Professor of Economics and the C. Marks Professor of International Studies at Cornell University, interviewed by Mohit M Rao (The Hindu)

-The Hindu The former Chief Economic Adviser on India’s current slowdown in economic growth and the mix of policies needed to reignite it In a career spanning more than four decades, economist Kaushik Basu has donned many hats. He was Chief Economic Adviser to the Government of India (2009-2012) and Chief Economist of the World Bank (2012-2016). At present, he is Professor of Economics and the C. Marks Professor of International Studies...

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Rural youth prefer not to be farmers: Survey -Sayantan Bera

-Livemint.com Youth in rural India are often forced to work in their family farms, but they prefer joining the army or becoming engineers, teachers or nurses, the survey shows New Delhi: Youth in rural India are often forced to work in their family farms, but they prefer joining the army or becoming engineers, teachers or nurses, found a survey released last week. A large number of rural youth in the 14-18 year age...

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How government can double farmer incomes

-Livemint.com Farmers need structural reforms, crop diversification and greater public investment rather than subsidies and price support Indian agriculture has been relatively untouched by the structural reforms that lifted incomes in other parts of the economy. Low farm productivity meant that governments tried to improve the lot of farmers through price policy. The problem is that engineering a shift in the terms of trade through higher support prices usually Leads to generalized...

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77% of Indian workers to have vulnerable employment by 2019: ILO -Prashant K Nanda

-Livemint.com Despite economic growth, 72% of workers in South Asia including India and 46% in South-eastern Asia will have vulnerable employment by 2019 New Delhi: The Asia-Pacific region will add 23 million jobs between 2017-19, aided by employment growth in South Asian nations, including India, according to the International Labour Organization (ILO). But a lot of the jobs being created are of poor quality despite strong economic growth and some 77% of workers...

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