-The Indian Express The Planning Commission numbers show that in the unorganised manufacturing sector, value added per worker has come down by over 5 per cent in the last decade. The Congress and the BJP manifestoes for the general elections talk about the need for raising employment numbers in multipliers but hardly show any understanding of where to maximise those. For both, the Holy Grail is rising of the profile of the...
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Climate change pill: pool cars, eat local and save energy -GS Mudur
-The Telegraph New Delhi: An international panel today warned that the world hadn't done enough to curb greenhouse gas emissions but said that changes in lifestyles and energy technologies could yet help avert the most devastating impacts of global warming. The Intergovernmental Panel on Climate Change (IPCC), in a report released in Berlin, said greenhouse gas emissions had climbed to unprecedented levels over the past decade despite emission-curbing policies and actions by...
More »The strange case for India's macroeconomic exceptionalism-Shankar Sharma & Devina Mehra
-The Business Standard The Indian economy certainly has problems. But compared to the rest of the world, we will take ours any day Over the past couple of years, and particularly the past few months, we have become convinced that economists, the intelligentsia, fund managers, foreign brokers, don't read global macroeconomic news. All of the above have castigated the United Progressive Alliance (UPA) government for having ruined the economy, causing a massive Growth...
More »Growth in the Time of UPA: Myths and Reality -Maitreesh Ghatak, Parikshit Ghosh, and Ashok Kotwal
-Economic and Political Weekly This article challenges the prevailing view that the diminished electoral prospects of the United Progressive Alliance government is the result of neglecting Growth to launch populist welfare schemes. It looks at a wide range of economic indicators to argue that compared to the National Democratic Alliance regime, the UPA period has been characterised by faster Growth, higher savings and investment, growing foreign trade and capital infl ows,...
More »11 million homes vacant against shortage upto 25 million units
-PTI Amid housing shortage of up to 25 million units in the country, Urban Development Secretary Sudhir Krishna on Friday said there are 11 million homes that are vacant as per the latest census figure and out of that 10 per cent lies in the national capital region. Addressing a real estate conference organised by the RICS, a global body to set standards for realty sector, Mr. Krishna said the Centre is...
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