-The Hindu The pursuit of full employment of labour cannot primarily rely on domestic private investment, much less FDI. Only public investment will steady us in the long run. We are increasingly told that the inflow of capital — particularly the foreign direct investment (FDI) variety — increases employment levels and contributes to economic growth. In a rare interview given to The Wall Street Journal in May, Prime Minister Narendra Modi reinforced...

-Livemint.com Revised tax data reveals the numbers of traders to be a small proportion of the 20 million demat accounts required for trading in the stock market Revised tax data that seeks to clarify the number traders in the stock market actually raises more questions than it answers. There were 590,000 individuals who recorded short-term capital gains or losses during FY12, according to the previous tax data released in April. The maximum...

-The Hindu Kerala today is not generating enough jobs to meet the expectations of educated Keralites entering the labour market. Changing this is vital and doable Kerala’s development model is in focus yet again as the newly elected Left Democratic Front government is in the process of evolving a vision for the State’s economy. On the one hand, Kerala has made spectacular achievements in land reforms, education, and health since its formation. Amartya...

-Al Jazeera Prime Minister Narendra Modi is unlikely to narrow the gap between Indian elites and the rest of the population India has experienced a significant economic growth spurt in recent decades. After seeing annual growth of 3 percent in the years after independence in 1947, the rate began to double, reaching a rate of around 6 percent per year after 1980. However, the distribution of growth proceeds has been very uneven...

-The Indian Express The way the graph moves tells the story of a public health disaster that has been allowed to happen: over the last 15 years, the fall and rise of the lethal, fine dust that clogs your lungs every day in the nation's capital. After the historic Supreme Court judgement in 1998 forced all public transport vehicles, an estimated 100,000, to switch to cleaner Compressed Natural Gas (CNG), the levels...