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The many hues of inequality in India -T Haque & D Narasimha Reddy

-The Hindu Business Line There has been a spike in income inequality in the post reforms period with wealth concentrated at the top deciles India has somehow nurtured a widely shared impression that it has a well established statistical system with Reliable Databases compiled through effective methods of data collection through its network of central agencies and periodic nation-wide surveys. However, India is one of the very few countries which does not...

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YV Reddy, former Reserve Bank of India governor and chairperson of the 14th Finance Commission, interviewed by Roshan Kishore (Hindustan Times)

-Hindustan Times The 15th Finance Commission (FC) has to submit its report in October 2019, which will be another important event in the evolution of India’s fiscal federalism framework. The tenure of the Narendra Modi government has seen important changes in India’s fiscal federalism set-up such as the abolition of the Planning Commission (PC) and the roll-out of the Goods and Services Tax (GST). The 15th Finance Commission (FC) has to submit...

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Underemployment is the problem, not joblessness -Alok Ray

-The Hindu Business Line The dismal quality of graduates is impacting the job market. But even high skilled workers are finding the going tough A big controversy has erupted over job creation under the Modi regime —in particular, over whether the unemployment rate in 2017-18 is, in fact, the highest in four decades as CMIE data as well as the officially undisclosed but reported in the press NSSO data seem to indicate. Further,...

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The employment test -Pulapre Balakrishnan

-The Hindu The labour force may have actually shrunk while the Modi government has been in office Attuned as we have become to political grandstanding on the purpose of democracy, we may not have imagined that something so prosaic as statistics can alter our perception of how it is actually working for us. The emergence over the past few months of data on employment, speaking precisely the lack of it, cannot but...

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Jobs and gloom -Jayan Jose Thomas

-Frontline.in Available evidence indicates that the employment situation in India may have worsened in the recent past, and the losses have been heavy for the informal sector. The delayed release of official data on employment only makes diagnosis difficult. This year’s Union Budget, even if truncated because of its interim nature, was widely anticipated for the manner in which it would address the question of employment. In the last week of January,...

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