-The Indian Express There is a mounting employment crisis in India. The current growth model, built on large private investments, cannot address the problem. Union Minister Ram Vilas Paswan raised many hackles with his demand for affirmative action or job reservations for Scheduled Caste and Scheduled Tribe candidates in the private sector. He suggested that “providing quota in private jobs will help cool down anger among SC and STs”, thereby stemming...
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Indian agriculture yet to catch up with neighbours on public spending, indicates IFPRI report
Amidst the prevailing gloominess over agrarian crisis, a recently released report says that the growth rate of agricultural output in both India and China were the same during 2008-2013. The agricultural gross domestic product (GDP) of both these countries on an average grew at 3.3 percent per annum during that period. The latest available data from the 2016 Global Food Policy Report, however, indicates that the neighbouring countries of Sri Lanka...
More »Clearing the air on LPG -Siddharth George & Arvind Subramanian
-The Indian Express Several questions have been raised about our estimates of the savings from the DBT scheme for cooking gas. But all parties accept that the programme reduced subsidised sales by 24 per cent. Direct cash transfers have the potential to improve the economic lives of the poor by transferring benefits to households quickly and directly. Achieving these benefits requires thoughtful design of schemes, and careful, rigorous analysis of ongoing...
More »Rural to urban migration in India: Why labour mobility bucks global trend -Kaivan Munshi & Mark Rosenzweig
-The Indian Express The percentage of the adult population for four large developing countries — China, India, Indonesia and Nigeria — who are living in cities, as well as the change in this percentage between 1975 and 2000, are plotted in chart. Rural-urban migration is exceptionally low in India. Changes in the rural and urban population between decennial censuses over the period 1961-2001 indicate that the migration rate for working age...
More »Golden yields - Focusing on agriculture alone will not improve farm incomes -Shubhashis Gangopadhyay
-The Telegraph The recent budget talked about the government's plan to double farm incomes in the next five years. This will be done through investments in rural infrastructure, especially irrigation. About 50 per cent of land under foodgrain production in India is irrigated. This means that half of the foodgrain producing land in India faces weather uncertainties and, hence, those working on them face annual (seasonal) variations in income. These variations...
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