-National Herald Maitreesh Ghatak, Professor of Economics at London School of Economics, in an interview to Tathagata Bhattacharya says the government has failed on many counts At the end of the day, it is growth and employment generation via new investment that is key to long-term economic progress. Various welfare schemes are a way of providing a social safety net to the poor in the short-run. It is performance along these two...
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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 »Unseen victims of farm distress -TV Jayan
-The Hindu Business Line Kota Neelima digs into farmer suicide cases to chronicle lives often labelled as collateral damage In last November, when All India Kisan Sangharsh Coordination Committee, an umbrella organisation of around 190 farmer groups from across the country, organised a Kisan Mukti Sansad in Delhi, there was one event that moved almost everyone of thousands present there. About two dozens children of those farmers who had committed suicide in...
More »Diane Coffey, visiting researcher at Indian Statistical Institute (Delhi) and also assistant professor at the University of Texas at Austin, interviewed by Sagar (CaravanMagazine.in)
-CaravanMagazine.in In mid 2011, Diane Coffey and Dean Spears, both visiting researchers at Economics and Planning Unit of Indian Statistical Institute in Delhi and also assistant professors at the University of Texas at Austin, moved to Sitapur, a district in Uttar Pradesh, to conduct a study on poor early-life health and process of stunting among many Indian children. While Coffey attempted to understand the challenges of raising a baby in the...
More »Declining bank credit indicates poor economic performance
Apart from gross domestic product (GDP) and gross value added (GVA), another indicator which shows whether an economy is thriving or stagnating is the growth in bank credit. Credit is a critical input in the production of goods and services. It is generally the case that during prosperous times, economic actors, who are engaged in different sectors or in various industry, take up bank loans to invest. The provisional data...
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