-The Indian Express According to the Central Statistics Office, there were 24.95 crore households in India in 2011. If every household in the bottom 20 per cent is eligible for this income, this translates into a total expenditure of about Rs 3.6 lakh crore annually. When Congress president Rahul Gandhi announced that his party, if voted to power, would offer a minimum income of Rs 72,000 a year for the poorest 20...
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'Make in India' has not eased manufacturing woes -Sneha Alexander
-Livemint.com * Despite its ambitious targets, NDA’s ‘Make in India’ has failed to improve investment, employment, and exports in India’s manufacturing sector * One area where this government has fared relatively better has been in attracting foreign direct investment (FDI) to the country MUMBAI: When the Bharatiya Janata Party (BJP) swept into power in 2014, one of its first acts was to launch the ‘Make in India’ initiative with the ambitious vow of...
More »Rash U-turns, half-baked plans -Jean Dreze
-The Indian Express Social policy is in danger of getting lost in electoral histrionics. As the country inches towards parliamentary elections, a deep confusion pervades the realm of social policy. When the Narendra Modi government came to power five years ago, there were high expectations of a rollback in welfare schemes. The previous government, so went the story, had gone overboard with social spending, and Modi would set this right. In...
More »Jean Dreze, the Belgian-Indian economist, interviewed by Ujjawal Krishnam (National Herald)
-National Herald Well-known Belgian-Indian economist Jean Drèze, reflects on the times we live in this animated conversation with Ujjawal Krishnam Jean Drèze, the Belgian-Indian economist, true to his reputation, laces humour and an acerbic wit to reflect on the times we live in. Self deprecating, he brushes aside the question how he juggles between his roles as economist, activist and teacher. He wonders at the multi-tasking ability of Indian women instead. Nor...
More »Over 18 million jobs created in 15 months till Nov 2018: Central Statistics Office report
-PTI The study showed that employment generation in the formal sector increased by 48 per cent to touch a 15-month high of 7.32 lakh in November 2018 as compared to 4.93 lakh in the year-ago month, as per EPFO payroll data released earlier this month. More than 18 million jobs were generated by the country’s formal sector in a 15-month period starting September 2017 and ending November 2018, suggests a study based...
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