-TheQuint.com A recent SBI report, which states that the informal economy has declined, avoids even defining ‘informal economy’. A recent edition of “Ecowrap”, a publication of the research team of the State Bank of India (SBI), has claimed that India’s informal economy has sharply declined from 52.4 per cent in 2017-18 to between 15 and 20 per cent in 2020-21 in the three years since 2017-18. This finding by the SBI research...
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How India’s informal economy is shrinking, and why that’s good news in the long term -Ila Patnaik and Radhika Pandey
-ThePrint.in Greater formalisation will see a shift from low-paying, labour-intensive jobs in informal sector to more productive, formal-sector jobs. This could lead to disruption in short term. A report issued by the State Bank of India (SBI) last month estimated that India’s informal economy has shrunk to 15-20 percent of the GDP in 2020-21 from 52 percent in 2017-18. The report uses employment and digitisation to assess the extent of formalization in...
More »India’s Coal Crisis -CP Chandrasekhar
-NetworkIdeas.org In recent weeks the media have featured stories bordering on the alarmist about a coal shortage in India. Coal inventories with thermal power plants had fallen to levels at which major country-wide power outages seemed inevitable. Fortunately, that has not (as yet) materialized, but it is indeed true that coal inventories with the power producers did collapse from the equivalent of around 30 days requirement to that for a couple...
More »Well-functioning crop insurance crucial for reducing farmer’s vulnerability -Natasha D'cruze, Priyadarshini Ganesan, Natasha Dcruze and Priyadarshini Ganesan
-The Hindu Business Line It is an important tool for agrarian families to manage and mitigate their risks Agriculture plays a pivotal role in the Indian economy, especially in rural areas. According to the recently-released Situational Assessment and Land Holdings of Agricultural Households in Rural India Report (SAS, 2019) by the National Statistics Office, 54 per cent of rural households are agricultural, earning 37 per cent of their household income from farming. This sector, however, is also subject to a...
More »Finding a way out of India’s deepening water stress -Thomas Varghese
-The Hindu In any new National Water Policy, the aim should also be to encourage conserving water resources and efficient usage The complexity and scale of the water crisis in India calls for a locus specific response, that can galvanise and integrate the ongoing work of different Ministries and Departments through new configurations. Such an integrated approach must necessarily cut across sectoral boundaries and not stop at the merger achieved between the...
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