-Down to Earth He says neither the government not the former chief economic advisor include the unorganised SECtor while computing economic growth Noted economist Arun Kumar said former chief economic advisor Arvind Subramanian is correct in saying that the rate of growth of Gross Domestic Product (GDP) has been overestimated in the last few years. Subramanian's methodology to gauge economic growth, however, may also not be correct — both being indirect methods...
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The Dramatic Increase in the Unemployment Rate -Prabhat Patnaik
-Newsclick.in The Periodic Labour Force Survey Report 2017-18 clearly shows that there is a sudden jump in the unemployment rates across-the-board in 2017-18, compared to all preceding rounds of the NSSO. The report of the Periodic Labour Force Survey (PLFS) conducted in 2017-18 is finally out, and it confirms what had been leaked earlier, namely a dramatic increase in the unemployment rate in the Indian economy. The unemployment rate is given under...
More »Medical services hit as doctors' agitation spreads -Bindu Shajan Perappadan
-The Hindu Health Minister asks doctors to call off strike, urges Mamata Banerjee to resolve impasse; IMA calls nationwide strike for June 17 against assault in Kolkata hospital. Hospital services were affected in different parts of the country on Friday as a doctors’ agitation that began in West Bengal following an assault on medical professionals spread to the national capital, Kerala, Hyderabad, Chandigarh and even Jammu and Kashmir. While 300 doctors in West...
More »On CMs' table today: Plan to revamp permit-raj food laws -Ravish Tiwari
-The Indina Express The proposal holds significance given that the EC Act arms the government with powers to impose stock limits and movement restrictions on agricultural commodities. New Delhi: Arguing that the Essential Commodities Act, 1955, was framed during the era of food scarcity, the NITI Aayog has proposed that the Act be scrapped because it is an “impediment in the free movement of commodities” given that the country is now...
More »To transform the agrarian SECtor, a focus on deep-rooted structural issues is needed
-The Telegraph The BJP government must realize that it cannot and should not be done by income transfers alone A new scheme, the Pradhan Mantri Kisan Samman Nidhi, was announced in the interim Union budget presented earlier this year. It was stated that under this scheme farmers holding up to two hectares of land would be entitled to Rs 6,000 every year, to be paid from the budget in three equal instalments....
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