-The Hindu Only a fast-growing economy can generate surpluses needed to create jobs and sustain social safety nets Now that the general election is over, the time has come to pay serious Attention to the economy. The national income numbers continue to be controversial. No serious policy decision can be taken with ambiguous numbers. Nevertheless, even with the new official numbers it is clear that growth is slowing down. As in the...
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To create jobs, an industrial policy focused on labour-intensive industries is key -Santosh Mehrotra
-Hindustan Times These sectors deserve consistent support over time to compete internationally since India is lagging behind Manufacturing contributed in 2017 only about 16% to India’s GDP, stagnating since economic reforms began in 1991. By contrast, in east and south-east Asia, the industry share has exceeded 30-40% while manufacturing is 20-30%. India’s manufacturing share of GDP has not moved up at all, though between 2004-05 and 2011-12 manufacturing employment growth was...
More »As ODF deadline nears, govt should focus on key areas -Shagun Kapil
-Down to Earth While we near the deadline of October 2, 2019 for ODF, concerns like non-functional toilets, poor sewage and drainage systems, lack of water, and poor faecal sludge management demand immediate Attention of the new government In the last five years India saw a renewed focus on sanitation with the launch of Swachh Bharat Mission (SBM) which aims to provide universal sanitation coverage by providing funds for constructing toilets, promoting...
More »Is 'Right to Work' More Important Than 'Minimum Income Guarantee'? -Dunu Roy
-TheWire.in Various remedies are being suggested to tackle the growing rate of unemployment, but are they in tandem with the needs of the workers? Two issues were concealed under the din of elections. The first is the depth of the agrarian crisis with rising costs, falling prices and diminishing livelihoods. The second is the declining rate of employment in urban India, even within the informal sector, and the tumult among the youth...
More »India's economy: broad hints of causes for worry
-The Telegraph Inflation and a poor monsoon may add to our woes in an economy already plagued with high unemployment and low demand The ministry of commerce has released the latest data on wholesale price index inflation. The data on food inflation have attracted Attention as it soared to a 33-month high in April 2019. However, this rate of inflation is still moderate at 7.4 per cent. The inflation has been due...
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