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Unemployment has risen sharply among SCs & STs in last 6 years

  Amidst concerns over budgetary cuts in social sector spending, a recent statement from Shri Rao Inderjit Singh, Minister of State for Planning reveals that unemployment rate has risen much sharper among the Scheduled Castes (SCs) and Scheduled Tribes (STs) vis-à-vis the overall population. Replying to a starred question by Shri PL Punia regarding Human Development Index (HDI) of SCs and STs, the Minister of State for Planning said on 6 February,...

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Budget 2017: High on rhetoric, low on delivery -Himanshu

-Livemint.com While there have been some positives, including the reforms on political funding, the real test of the budget was the ability to manage spending to revive the economy This was the fourth budget of the National Democratic Alliance (NDA) government. Coming at a time when the world around is full of uncertainties, more was expected from the budget than what has been delivered. The domestic uncertainty is certainly the outcome of demonetisation....

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The majority at the margins -Jayati Ghosh

-The Indian Express Protests by the people against inequality are producing governments that move exactly in the opposite direction We all know that the world is an unequal place, both across and within countries. We also know that across the world, people are expressing their anger and disgust at this inequality. This is increasingly revealed in extreme and often paradoxical political results. In the US, a vote against the establishment has just...

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From plate to plough: Growth amidst gloom -Ashok Gulati

-The Indian Express Agriculture GDP bucks the trend of decline in other sectors. But can the government help the farmers sustain this growth? The first advanced estimates of GDP growth for the financial year 2016-2017 (FY17) show a marginal decline from 7.6 per cent last year to 7.1 per cent this year. Of the various sectors, gross value added at basic prices (2011-12), mining and quarrying is down from 7.4 per cent...

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Esther Duflo, development economist and a professor at the department of economics at the Massachusetts Institute of Technology (MIT), interviewed by Roshan Kishore and Pramit Bhattacharya (Livemint.com)

-Livemint.com Economist Esther Duflo on demonetisation impact, role of randomized control trials in policymaking, low priority assigned to health and education in India New Delhi: India’s demonetisation of high-value currency notes is a dramatic example of a policy announcement made without any serious thought given to implementation, said Esther Duflo, one of the leading development economists of the world and a professor at the department of economics at the Massachusetts Institute of...

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