-Newsclick.in The Biden administration is realising this. The need of the hour, therefore, is to build a post-pandemic Growth strategy centred on an increase in public investment and public spending. The period of neo-liberalism witnesses an increase in the share of economic surplus in total output both in individual countries and also for the world as a whole. This is because the “opening” up of the economy to freer trade in goods...

-The Hindu The analysis is fraught with caveats and the interpretation of the survey results calls for caution Last week, the Ministry of Labour and Employment released the results of a new Quarterly Employment Survey (QES) for April-June 2021 for the organised (formal) sector. It represents establishments (or units) employing ten or more workers. The surveyed sectors were manufacturing, construction, trade, transport, education, health, accommodation and restaurant, Information Technology/Business Process Outsourcing (IT/BPO),...

-The Hindu Business Line Surplus stocks, high cost of production among worries Sugar mills in India gear up to start the new crushing season this month with a concern. Sugar production has grown at an annual Growth rate of 5.6 per cent over the past two decades, while consumption has grown at 2.4 per cent per annum. In the last five years, consumption of sugar has remained relatively static at about 25...

-Down to Earth There are prominent shortcomings in implementation, especially registration of workers and and collection and distribution of Cess The novel coronavirus disease (COVID-19) pandemic had widespread and devastating consequences to communities and enterprises in India and across the globe. However, the situation was particularly grim for the 453.6 million internal migrants in India, evidenced by the unprecedented ‘reverse migration’ witnessed during the pandemic.  Their vulnerabilities were exacerbated by the fact a...

-Livemint.com Real estate must contribute more to our economy and that calls for sectoral reforms and cheap homes Over the past few weeks, the financial and economic world has been worried about the likely collapse of Evergrande, the world’s most-indebted real estate company. At the same time, the bigger issue of China’s dependence for Growth on its real-estate sector remains. In a working paper titled, Peak China Housing, Kenneth S. Rogoff and Yuanchen...