-Livemint.com/ Bloomberg To join the global middle class, India must do much better Max Roser is at it again. The Oxford professor and master of economic data visualization has a new set of maps and charts showing how global income and inequality have changed during the last couple of centuries. The upshot is that while the world has gotten steadily richer that entire time, something very special and very good has...
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Angus Deaton and the great Indian poverty debate -Himanshu
-Livemint.com Nobel to Deaton calls for a celebration of not just his own work but also the contributions of a number of Indian economists who have engaged with similar issues The announcement of Angus Deaton winning the Nobel Prize in economics was unexpected but not surprising. His body of work over the years has influenced many of us who have worked on issues of poverty, nutrition and food security. It is...
More »Govt to come out with quarterly, annual employment surveys -Surabhi
-The Hindu Business Line Will help policymakers, analysts calculate impact of decisions on real-time job market The Ministry of Statistics and Programme Implementation is set to launch quarterly and annual surveys on employment. “We are in the process of getting administrative clearances. The methodology has already been finalised and the surveys should be launched soon,” said TCA Anant, the country’s Chief Statistician. Once this is done, it is expected to bridge a major deficit...
More »This is no storm in a teacup -Santanu Sanyal
-The Hindu Business Line The entire tea industry in India faces an uncertain future. And young people don’t want to work in tea gardens anymore After a steady run for nearly a decade, the tea industry is now facing tough times. Both, production of gardens in the organised sector and leaf prices are virtually stagnating. And exports no longer hold out much promise. Between January and July this year, all-India production was 553.21...
More »Nobel Prize for Economics Reflects Issues on UN Development Agenda -Thalif Deen
-IPSNews.net UNITED NATIONS: When the Royal Swedish Academy of Sciences awarded the 2015 Nobel Prize in Economics to Professor Angus Deaton of Princeton University, the accolade had a significant relevance to the United Nations. The Academy bestowed the honour on the British-born Deaton, 69, primarily for his analysis of consumption, poverty and welfare. Deaton’s research reflects some of the socio-economic issues on the U.N. agenda, including poverty alleviation, economic inequalities, consumption patterns, household...
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