-Scroll.in In patriarchal societies, industrialisation and structural transformation are necessary preconditions for the emancipation of women. Around 1900, women in East Asia and South Asia were equally oppressed and unfree. But over the course of the 20th century, gender equality in East Asia advanced far ahead of South Asia. What accounts for this divergence? The first-order difference between East and South Asia is economic development. East Asian women left the countryside in droves...
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A disconnect that shows the real state of the country’s economy -Himanshu
-Livemint.com * Disaggregated data contradicts the rosy picture that national accounts paint of our performance * It’s premature to conclude that a recovery is underway, as our GDP rise in 2020-21’s third quarter was on a very low base. Also, other data sets reveal that distress remains widespread. Estimates of growth in the third quarter of 2020-21 along with advance estimates of the full year were released last month by India’s statistics ministry....
More »Indian economy to be hardest hit by Covid-19 despite recovery, predicts new OECD report -Shoaib Daniyal
-Scroll.in The high growth in 2021 cannot undo the damage caused by the country’s harsh lockdown. India will be among the large economies most severely hit by the Covid-19 pandemic and the lockdown restrictions to combat it, a new report by the Organisation for Economic Co-operation and Development predicts. Data published as part of the OECD Economic Outlook, Interim Report March 2021 on Tuesday forecasts that the real GDP value of India’s economy...
More »India’s migrant workers need better policies -Ravi Srivastava
-The Indian Express NITI Aayog’s draft report is well-intentioned. But its failure to address the policy distortions at the root of migrant workers’ issues cannot be overlooked The lockdown-induced suffering of millions of migrants raised awareness regarding their magnitude, vulnerability, and role in the economy. It also led to a flurry of measures by the central and state governments. It is now encouraging that the Niti Aayog, on the request of the...
More »The Survey as policy with ideological overtones -MA Oommen
-The Hindu To say that growth and inequality converge in terms of their effects on socio-economic outcomes is outrageous The Economic Survey 2021 (https://bit.ly/2OfqfVQ) does not seem to be a policy document derived straight from the empirical data of the economy or the social compulsions embedded in it. On the contrary, the Survey rings with policy postulates based on strong ideological overtones. Of interest would be Chapter 4, captioned ‘Inequality and Growth:...
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