-TheWire.in Mexican economist David Barkin on India's neoliberal economics, growing inequalities, agrarian distress and more. David Barkin is Professor of Economics at the Metropolitan Autonomous University in Mexico City. He received his doctorate in economics from Yale University and was awarded the National Prize in Political Economics in 1979 for his analysis of inflation in Mexico. His research has focused on the development of an alternative to the capitalist economic model. In an...
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The Numbers Hide The Story -Lola Nayar
-Outlook Social security enrolment of workers is not a good measure of how many new jobs are created Employment data has always been a subject of debate in India, more so now that the surge in social security enrolments is being cited as evidence to press home that 41.26 lakh new jobs were created between September 2017 and April this year. The Central Statistics Office data earlier this month raises more questions...
More »New EPF enrolment during Sep., 2017 to Apr., 2018 confined to a few industries & states, indicates data
A document of the Ministry of Statistics and Programme Implementation (MoSPI) dated 25th June, 2018 says that the number of members subscribing to the Employees' Provident Fund (EPF) scheme gives one an idea of the level of employment in the formal sector viz. mostly employment in establishments employing 20 or more persons (though EPF is applicable for certain organisations, which employ less than 20 persons, subject to certain conditions and...
More »Cloak on RTI bill -Anita Joshua
-The Telegraph New Delhi: In the Lok Sabha bulletin for legislative business of the upcoming monsoon session, one bill stands out because it is the only one about which no details have been furnished. The bill seeks to amend the Right to Information Act of 2005, and the ironical opaqueness has alarmed transparency advocates who have mounted a pushback. As many as 18 bills are listed for introduction, consideration and passage in the...
More »Arvind Subramanian, outgoing Chief Economic Adviser to the Ministry of Finance, interviewed by TCA Sharad Raghavan (The Hindu)
-The Hindu The outgoing CEA also batted for the lateral entry of talent into the government The compensation payable to the States for revenue loss arising due to GST is just ?5,000 crore, far lower than was estimated, according to Chief Economic Adviser Arvind Subramanian. In a candid interview to The Hindu, the outgoing CEA also batted for the lateral entry of talent into the government, saying that it was a “no brainer”...
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