-The Hindu It is the only sector that can create jobs and prevent the economic crisis from deepening In the last two decades, the Indian economy has witnessed a transformational change to emerge as one of the fastest growing economies in the world. Economic reforms unveiled in 1991 have brought about a structural shift enabling the private sector to assume a much larger role in the economy. GDP growth has largely been...
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Changing demography: Is India's baby boom going bust? -Ravish Tiwari & Ruhi Tewari
-The Indian Express The country's demography is witnessing some new trends. While the working age group (15-64 years) has predictably seen an increase in the number of youths, the curtains may have begun falling over the baby boom years that fuelled this bulge in the first place. These have been indicated by the latest 'Single Year Age Data' released by the Census of India from its 2011 census numbers. While the increase...
More »Low-end wart in FDI in research -GS Mudur
-The Telegraph New Delhi: Foreign corporations have created over 247,000 jobs through research and development (R&D) investments in India over the past decade, but most of the activities appear relatively unimportant with little long-term gains , researchers have said. The study, described as the first comprehensive assessment of foreign direct investment (FDI) in R&D, has challenged suggestions by Indian science policy makers and foreign corporations a decade ago that turning India into...
More »No model state -Christophe Jaffrelot
-The Indian Express In Gujarat, growth relies on indebtedness. And relegates development. The Gujarat pattern of development has often been arraigned from the left because of its social deficits. Indeed, the state's social indicators do not match its economic performance. With 23 per cent of its citizens living below the poverty line in 2010, Gujarat does better than the Indian average - 29.8 per cent - but it reduced this proportion by...
More »Busting a few myths about poverty-Ajit K Ghose
-The Business Standard While economic growth may reduce poverty, no systematic correlation between the pace of poverty decline and the pace of economic growth can be found in the data Recent publication of new numbers on poverty by the Planning Commission has revived some old controversies. The numbers show that while the incidence of poverty declined both between 1993-94 and 2004-05 and between 2004-05 and 2011-12, the pace of decline was much...
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