-CounterCurrents.org The single most important aspect of the Indian economy is its very large black economy. In fact, it impacts not just the economic aspect of society but also its social and political facets. All the macroeconomic variables like, growth rate of the economy, inflation and fiscal policies are affected by the black economy. The microeconomic variables like education, health, drinking water and other services received by the citizens are also...

-The Indian Express Focusing on health, education of women will bring down population, increase work participation The World Population Prospects 2019 has reported that India’s total fertility rate (TFR) has declined from 5.9 in early Sixties to 2.4 to 2010-15. TFR is defined as the total number of children to be born to women in her lifetime by the current age specific fertility rates. By 2025-30, it will fall to 2.1,...

-The Hindu The government has failed to heed recommendations made by economists and bureaucrats on turnaround measures One of the visitors to pay a courtesy call on Prime Minister Narendra Modi after his re-election this summer was a former Secretary to the Government of India holding a high-profile constitutional office. During the conversation, the Prime Minister asked: “Arthvyavastha ka kya karna chahiye? (What should be done about the economy?)” The former bureaucrat ,...

-Livemint.com Public programs like MGNREGA are less successful in raising wages in regions characterized by historical inequality, finds new study When it was launched in 2006, the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) was envisaged to boost rural economies by providing the rural poor with 100 days of guaranteed public employment and raising rural wages. But its intended benefits may have eluded those who needed them the most, a new...

-The Indian Express Government should explore all avenues to expand capital expenditures From a level of 8.1 per cent in the fourth quarter of 2017-18, quarterly GDP growth fell to 5 per cent in the first quarter of 2019-20, a fall of 3.1 percentage points. The slowdown of the Indian economy is no longer in dispute. Thankfully, the government has come out of denial mode. The critical question is: What should...