-The Hindu A mix of social constraints and dearth of employment opportunities has kept women out of the labour market, leading to a huge opportunity cost to the nation Women in India face enormous challenges for their participation in the economy — in a way that mirrors the many injustices they suffer in the society at large. The labour participation rate of women — that is, the number of women in the...
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Understanding FDI in Retail: What Can Economic Principles Teach Us? -Abhirup Sarkar
-Economic and Political Weekly The recent debate on the acceptability of foreign direct investment in the retail sector in India has been mostly political. It is necessary to look into the pros and cons of FDI in retail from a purely economic point of view. This article identifi es the safeguards that should be undertaken before allowing giant multinationals to function in the country. Abhirup Sarkar (abhirup@isical.ac.in) is with the Indian Statistical...
More »In Gujarat, searching for development with dignity -Raheel Dhattiwala
-The Hindu The credibility that Narendra Modi has acquired among many Hindu voters over the years is for what his government oversaw in 2002; not for engineering a spectacular model of economic development There is little doubt that the Bharatiya Janata Party (BJP) will be back in power in Gujarat in the next fortnight. A vote in favour of the Congress, the only longstanding rival to the BJP in the State, would...
More »7 crore Indians jobless or under-employed, govt tells Rajya Sabha
-The Times of India Government on Wednesday said that around seven crore people in the country were either unemployed or under-employed. "As per results of the latest survey conducted by the National Sample Survey Organization (NSSO) during 2009-10, the number of unemployed or under-employed persons on usual status basis in the country was 95 lakh and about six crore, respectively," the Union labour and employment minister Mallikarjun Kharge said in the Rajya...
More »Growthwallahs need to pause and reflect-Anil Padmanabhan
-Live Mint The solutions to India’s growth problems require a more holistic approach Whether rightly or wrongly, there is a growing critique of India’s current development strategy: of a top-down, trickle-down theory that rides on an extraordinary growth momentum. They are disparate, but when the dots are connected they do present a coherent reminder that this strategy may not be the best and, worse, it is not sustainable. To a large extent this...
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