-Livemint.com India’s Human Development Index score falls 27 % due to regional disparities in education, health parameters and living standards within the country New Delhi: India’s human development index (HDI) ranking for 2015 puts Asia’s third largest economy among a group of countries classed as “medium” in the list as opposed to “low” in the 1990s, thanks to factors like an increase in life expectancy and mean years of schooling in the...
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Budget unmindful of income inequality -MA Oommen
-The Hindu Business Line It should have considered universal basic income. But sadly, budgets are not seen as a means to meet socio-economic goals The Union Budget attracts considerable media hype and debate. Democracy, if understood as a contract between the state and its citizens, may have to use the budgetary process to ensure not only prosperity for all, but justice or fairness to the most disadvantaged among them as well. A rational...
More »The slow death of Kanpur's leather economy has fuelled UP's job crisis -Abhishek Waghmare
-Scroll.in / IndiaSpend.com Falling global demand, environmental regulations and contemporary cow politics have choked the leather economy of Uttar Pradesh's largest industrial city. Shadab Hussain, 23, dropped out of school at age 11 to work in a leather factory in Kanpur, the oldest and largest industrial city of India’s most populous state. To support his family, parents and four siblings, he worked eight-hour shifts every day for a monthly salary of Rs...
More »No one loves the farmer -Ashok Gulati & Siraj Hussain
-The Indian Express They are the largest constituency in UP. Yet, all parties have overlooked their issues Next month, Uttar Pradesh (UP) will have a new popular government, hopefully with a clear mandate. If UP was a country, with a population reportedly of more than 214 million in 2015 (as per UN population projections), it would have been the fifth most populous country in the world after China, India, US and Indonesia....
More »Focusing on domestic growth -Krishnamurthy Subramanian
-Livemint.com One of the key trends underlying huge concentration of wealth and incomes is the increasing return to capital versus labour Given the demonetisation undertaken by the government in November 2016, the current budget was presented at a historic moment in the Indian economy. To understand the government’s emphasis on the rural economy, we have to understand a key narrative that must influence economic policies in democratic countries. As several governments in developed...
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