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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...

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Faculty shortages need urgent resolution

-Hindustan Times The universities need to think of evolving a strategy to hire the best people and offer them attractive salaries to keep them motivated More than half the professorial posts in country’s central universities are vacant. Of the 2,426 sanctioned posts for professors across the central universities, 1,301 have not been filled, reveals data provided by human resource development minister Prakash Javadekar in the Lok Sabha. The lacuna caused by faculty...

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New EPF enrolment during Sep., 2017 to Apr., 2018 confined to a few industries & states, indicates data

  A document of the Ministry of Statistics and Programme Implementation (MoSPI) dated 25th June, 2018 says that the number of members subscribing to the Employees' Provident Fund (EPF) scheme gives one an idea of the level of employment in the formal sector viz. mostly employment in establishments employing 20 or more persons (though EPF is applicable for certain organisations, which employ less than 20 persons, subject to certain conditions and...

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Hollowing out a promise -Jean Dreze

-The Indian Express NREGA is a demand-driven programme and if the demand vanishes because wages are low and uncertain, nothing will be able to save it. The National Rural Employment Guarantee Act (NREGA) is going through a deep crisis of delayed and failed wage payments. The problem is not new, but it is more serious than ever and threatens to undermine the entire programme. The crisis has at least four manifestations: Delayed payments,...

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A long march of the dispossessed to Delhi -P Sainath

-RuralIndiaOnline.org Imagine a democratic protest where a million farmers, labourers and others march to the capital and compel discussion of the exploding crisis of the countryside in a special three-week session of Parliament India’s agrarian crisis has gone beyond the agrarian. It’s a crisis of society. Maybe even a civilizational crisis, with perhaps the largest body of small farmers and labourers on earth fighting to save their livelihoods. The agrarian crisis is no...

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