-The Telegraph Radhakamal Mukerjee: an ecological pioneer In 1922, a professor at Lucknow University named Radhakamal Mukerjee published a book called Principles of Comparative Economics. Reading the book one hundred years later, I was struck by the attention it paid to the impact of the natural environment on the social and economic life of Indian villages. Mukerjee was perhaps the first Indian scholar to recognise the vital importance of common property resources...

-Press release by Azim Premji University dated October 13, 2022 New Delhi & Bangalore, October 13:  About 39 percent of all jobcard-holding households interested in working under the Mahatma Gandhi National Rural Employment Guarantee Act 2005 did not get a single day of work in the Covid year of 2020-21. Also, on average, only 36 per cent of households that worked received their wages in 15 days, showed a survey of...

-The Hindu A critical facet of the consequences of an interest rate increase is the correction of asset prices. Interest rates act as gravity to stock market prices The Federal Reserve and other central banks around the world have raised interest rates to curb inflation. The rationale behind raising interest rates is that the cost of borrowing rises whenever they are raised, and the incentive to save and invest rather than consume...

Contrary to the rising economic distress on the ground since the last few years, the official press release related to the fourth Annual Report on the Periodic Labour Force Survey (PLFS) at first glance seems to give a rosy picture about the employment situation in India.  Defined as the percentage of persons unemployed among the persons in the labour force, the unemployment rate in usual status (principal activity status + subsidiary economic activity status)...

-The Telegraph With the funds blocked, I’ve been unable to pay some suppliers who want to be paid before they supply again, says a scientist Dozens of scientists who had been invited from positions abroad to join academic institutions across India under a prestigious government fellowship have not received research grants or salaries for months, the fellows and other scientists have said. The delay in the release of funds for the Ramalingaswami Fellowships,...