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China may have become more prosperous in comparison to India in 2020, estimates new study

During the last one year, India seems to have lost the race in becoming the world leader in terms of development, prosperity and growth thanks to the recession brought about by the Covid-19 pandemic. The total number of poor people in the country has swelled and the middle class has shrunk in 2020 in comparison to what was anticipated earlier. A new study by the United States based think tank Pew...

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Declining Female Work Participation in India: What does the Periodic Labour Force Survey Tell Us? -Ellina Samantroy, Kingshuk Sarkar and Sanjib Pradhan

-MainstreamWeekly.net The paper is based on highlights from the Periodic Labour Force Surveys (PLFS) on female labour force participation. The paper has also used the quinquennial rounds of the Employment and Unemployment Surveys. Women’s participation in the workforce has been continuously declining since 2004-05 though a marginal increase was reported in PLFS 2018-19 with a corresponding increase in self-employment. In this context, the paper tries to understand the employment trends for...

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Let’s strengthen and not dilute the National Food Security Act -Himanshu

-Livemint.com * We must widen its coverage to feed the needy instead of letting subsidy reductions get the better of it * Subsidy reduction is a key aim of Niti Aayog’s proposal to reduce food-security coverage, but our subsidy level is not as high as it looks and the move could thwart efforts to achieve nutrition goals A recent discussion paper by the Niti Aayog has suggested a reduction in the coverage of...

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The Election Commission of India was built on public trust -Narayani Basu

-The Indian Express Amid recent questions about the ECI’s autonomy, a look at how the body has steered India’s electoral history. On March 15, the Citizens’ Commission on Elections (CCE), chaired by retired Supreme Court judge Madan B Lokur, which examines critical aspects of conducting elections, released the second part of its report. Titled “An Inquiry into India’s Election System,” the report evaluated the integrity and inclusiveness of the electoral rolls, increasing...

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Tax exemptions and incentives for the corporate sector continue despite reduction in corporate tax rates

Quite often it is argued by mainstream economists that a sizeable chunk of the Union Budget every year is wasted because the Government spends that on food and fertiliser subsidies. The burgeoning size of these two subsidies relative to the entire budget as well as the gross domestic product (GDP) is often used to build the argument that economic as well as environmental sustainability of the country is at stake...

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