Among other things, one of the reasons (given by some economists) behind low labour force participation rate (LFPR) of women vis-à-vis men in the country is that more young girls are educating themselves, causing an improvement in the secondary and tertiary enrolment rates. It means that more Indian women are staying out of the labour force in order to continue their education – secondary education and / or college &...
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76% of rural Indians can’t afford a nutritious diet: study
-The Hindu Paper uses latest available food price and wage information from the National Sample Survey’s 2011 dataset. Three out of four rural Indians cannot afford a nutritious diet, according to a paper recently published in journal Food Policy. Even if they spent their entire income on food, almost two out of three of them would not have the money to pay for the cheapest possible diet that meets the requirements set...
More »Unfair to Change Stand After Leaving Govt: NITI Aayog's Rajiv Kumar Criticises Arvind Subramanian
-TheWire.in Kumar was referring to an article written by the former CEA on the pitfalls of the government's Atmanirbhar Bharat initiative as it pertained to tariffs and exports. New Delhi: NITI Aayog vice-chairman Rajiv Kumar on Wednesday criticised former chief economic adviser Arvind Subramanian for a recent article that pointed out flaws in the Narendra Modi government’s Atmanirbhar Bharat initiative. Subramanian, in an opinion piece co-authored with Pennsylvania State University’s assistant professor of...
More »Contain contagion, spend smartly says Joseph Stiglitz
-The Telegraph The Nobel laureate economist described 'India as a poster child of what not to do' Nobel laureate economist Joseph Stiglitz made a strong case for spending money to combat the long-term economic damage of the pandemic, saying that India would be well advised to focus on containing the contagion as the economic aftermath cannot be tackled without tackling the pandemic. Bracketing India with Brazil and the United States for its “utter...
More »Farm bills: India’s fields are on fire -Devinder Sharma
-The Telegraph The tearing hurry with which agriculture market reforms have been pushed through, without even consulting farmers, has resulted in huge farm protests in Punjab and Haryana At a time when I see euphoria among mainstream economists over the new set of agricultural reforms, media reports say that the Commission for Agricultural Costs and Prices has observed that only 12 per cent of India’s paddy cultivators were able to sell their...
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