-The Hindu Unless policy action ensures higher demand and Growth, India will continue on the path of a K-shaped recovery In recent times, right-leaning economists have been arguing that the Government does not need to do anything with the economy and that it will revive by itself. They call those who disagree with them, doomsday merchants. These economists reason that, like after the Great Depression, the economy rebounded worldwide, and so will...
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Labour pangs
-The Telegraph Trying to make labour force survey results look artificially attractive by the government may only be an attempt at self-deception The latest Periodic Labour Force Survey data for July 2019 to June 2020 released by the Central government shows a rise in the labour force participation rate and a fall in the unemployment rate even when the economy registered a sharp deceleration in the rate of Growth. This is surprising...
More »Most households in rural Bihar faced livelihood crisis during the first wave of COVID-19, reveals a recent study
The pandemic's first wave had a devastating impact on the livelihoods of rural workers in Bihar (including the self-employed) last year, according to a survey based research, jointly done by economists from Centre for Development Economics and Sustainability at Monash University, Australia and the New Delhi-based Institute for Human Development. A recent press note issued by the authors of the study shows that almost 94.4 percent of the households participating...
More »30 Years of Economic Reforms – A Saga of Growing Inequalities -Prabhat Patnaik
-Newsclick.in The votaries of economic reforms miss the point that while it may have increased GDP Growth rate, it has worsened the conditions of the working people. It is 30 years since India adopted neoliberal policies in 1991, though some would date their introduction even earlier to 1985. Newspapers are full of assessments of the impact of these policies on the economy, and liberalisers from Manmohan Singh downward, have suddenly become visible,...
More »Population populism: UP has no option left but to control its population -Badri Narayan
-Down to Earth State-led control of population might be criticised, but it will help us in the long run to stabilise the population Growth in Uttar Pradesh Population is a hard reality. A state like Uttar Pradesh, which consists of 200 million people, needs to respond to this hard reality. That is why the Uttar Pradesh government led by Adityanath has proposed the UP population control bill 2021 recently. Governance in this drastically...
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