-The Hindu The over-reliance on the organised sector for official GDP data is causing a gross miscalculation. During the global financial crisis, it was said that the experts were behind the curve. The International Monetary Fund (IMF) and financial sector experts continued to predict till October 2008 that the global economy would grow rather than shrink. They were way off the mark since the global economy was rapidly slipping into a great...
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Dr. Manmohan Singh, former Prime Minister of India, interviewed by Richa Mishra (The Hindu Business Line)
-The Hindu Business Line The government must simplify and rationalise GST, kickstart rural consumption, revive agriculture and tackle the lack of credit for capital creation, says former PM Former Prime Minister Manmohan Singh, an eminent economist himself, feels that the Narendra Modi-led government needs to come out of its habit of headline management and address the economic challenges which the country is facing today. “We cannot afford to deny that India is facing...
More »Explained: A suicide every 40 seconds, taking stock of global trends
-The Indian Express While the link between suicide and mental disorders, especially depression and alcohol use, is well established, WHO finds that many suicides happen during a crisis and because of an individual’s inability to deal with stress. A fact sheet released by the World Health Organization last week shows that close to 8 lakh people die due to suicide every year. In other words, suicides account for one death every...
More »Migrants in Tamil Nadu: case of much ado about nothing? -Vignesh Radhakrishnan & Pon Vasanth BA
-The Hindu There is now an opportunity to temper the rancour in Tamil Nadu over ‘migrants taking over’ jobs meant for locals, thanks to the data on migration — inward and outward — from Census 2011. Chennai: Controversies witnessed in recent months over the recruitment of non-Tamils in government jobs in Tamil Nadu have triggered a perceptible rise in voices against migrants taking up jobs in the State. The slogans demanding ‘protection’ of...
More »The problem of skilling India -Christophe Jaffrelot & Vihang Jumle
-The Indian Express India’s employment crisis calls for more government expenditure in education, adequate training. Prime Minister Narendra Modi, in his recent Independence Day speech, said, “We need to worry about population explosion”. These words stand in stark contrast to his previous references to India’s demographic dividend where the country’s population was seen as an asset. This shift reflects a new awareness, according to which demography brings a dividend only if...
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