-ThePrint.in Bangladesh has come a long way since its independence in 1971, registering impressive performance on economic and social indicators. New Delhi: India, the fastest growing major economy, is seen as the powerhouse of South Asia, but this may soon change. Having already stolen a march over India on key social indices, small neighbour Bangladesh is now on the verge of establishing a lead on the economic front too. According to the Asian Development...
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Why the Modi Govt Shouldn't be so Quick To Dismiss World Bank's Human Capital Index -Diego Maiorano
-TheWire.in The finance ministry can continue to quibble, but the stark fact is that decades of underspending in education and health may result in India wasting its demographic dividend. On October 11, the World Bank launched the latest of its country rankings: the Human Capital Index (HCI). The objective of the index is to show how low education and health outcomes – or human capital – impact productivity, growth and prosperity. The...
More »'Need for an employment policy to solve jobless growth'
-The Hindu Study: divergence between growth and jobs has risen With higher growth rates not having translated into more jobs and increases in productivity failing to spur a commensurate rise in wages, the government ought to formulate a National Employment Policy that takes these trends into account, the State of Working India 2018, a new study released by Azim Premji University’s Centre for Sustainable Employment, recommends. Confirming the spectre of jobless growth, the...
More »Maitreesh Ghatak, Professor of Economics at London School of Economics, interviewed by Tathagata Bhattacharya (National Herald)
-National Herald Maitreesh Ghatak, Professor of Economics at London School of Economics, in an interview to Tathagata Bhattacharya says the government has failed on many counts At the end of the day, it is growth and employment generation via new investment that is key to long-term economic progress. Various welfare schemes are a way of providing a social safety net to the poor in the short-run. It is performance along these two...
More »Why factory output figures are suspect -R Nagaraj
-The Hindu Business Line The MCA database, which underpins the jump in factory GDP, is unconvincing. The ASI method was set aside for wrong reasons In early 2015, the Central Statistical Office (CSO) introduced a new series of National Accounts Statistics (NAS) with 2011-12 as the base year, replacing the earlier series with the base year 2004-05. It is the CSO's routine job to make such revisions, roughly once in a decade,...
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