Quite often it is argued by mainstream economists that a sizeable chunk of the Union Budget every year is wasted because the Government spends that on food and fertiliser subsidies. The burgeoning size of these two subsidies relative to the entire budget as well as the gross domestic product (GDP) is often used to build the argument that economic as well as environmental sustainability of the country is at stake...

-The Indian Express At the inaugural Indian Express Thinc Migration series presented by Omidyar Network India, moderated by Udit Misra, deputy associate editor, panelists discussed the crisis in India’s internal migration. On migration patterns S Irudaya Rajan: In the 2011 census, India had 450 million migrants. We have policies in the country to increase migration, and policymakers and economists, who believe urbanisation will lead to economic growth. This is reflected in the Smart...

-OutlookIndia.com Missing in common images of the 'kisan', not counted by economists, not found on property papers. Recent events put the focus on the silent workforce of our farms. This is India’s shameful secret, as it is the world’s. The ‘formal’ economy—where human toil and its fruits are counted and put on graphs—has always had an area of darkness. A very large area that it pretends doesn’t exist. “Women hold up half...

-The Hindu The fundamentals of the game have to change as they currently favour wealthy investors and not workers and tiny enterprises India has an incomes crisis: incomes of people in the lower half of the pyramid are too low. The solutions economists propose are: free up markets, improve productivity, and apply technology. These fundamentals of economics must be re-examined when applied to human work. Three solutions Economists say markets should be freed up...

  Among other things, one of the reasons (given by some economists) behind low labour force participation rate (LFPR) of women vis-à-vis men in the country is that more young girls are educating themselves, causing an improvement in the secondary and tertiary enrolment rates. It means that more Indian women are staying out of the labour force in order to continue their education – secondary education and / or college &...