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Migrant Labour in Maharashtra's Sugar Industry -Kumar Shiralkar, Mukta Kulkarni, Vivek Ghotale and Sominath Gholwe

-Economic and Political Weekly This article summarises the scenario of migration of sugar cane harvesting workers from Beed, a drought-prone district from Marathwada region, Maharashtra. Seasonal and distressed migration of the sugar cane harvesting workers, which happens to be the most vulnerable section of the sugar industry in Maharashtra, remains a largely overlooked arena in scholarly discussions as well as policy circles. Hence this article, based on a study conducted by...

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Why an industrial policy is crucial -Santosh Mehrotra

-The Hindu No major country has managed to reduce poverty or sustain economic growth without a robust manufacturing sector The contribution of manufacturing to GDP in 2017 was only about 16%, a stagnation since the economic reforms began in 1991. The contrast with the major Asian economies is significant. For example, Malaysia roughly tripled its share of manufacturing in GDP to 24%, while Thailand’s share increased from 13% to 33% (1960-2014). In...

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Could the single engine driving India crash? Yes, if you go by one of Modi's top guys

-The Economic Times At a time when the shadow of a slowdown lengthens but the government steadfastly downplays any such concern, here comes a cracker of an observation from one of India's most celebrated economists who also happens to be a vital cog in Modi's policy team. In an interview to NDTV, Rathin Roy, member of the Prime Minister's Economic Advisory Council (PMEAC) and Director of National Institute of Public Finance &...

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Growth in Agri GVA deflator saw a rising trend between 2005-06 & 2009-10, despite using different sources of back-series data

  The year-on-year (y-o-y) growth rate in Agri Gross Value Added (GVA) deflator (an alternative measure of inflation) shows a rising trend between 2005-06 and 2009-10. In other words, price rise pertaining to the agrarian sector accelerated during the period under discussion. This particular trend has been observed irrespective of whether one uses the GVA/GDP back-series data (Base 2011-12=100) that was computed by the National Institution for Transforming India Aayog (NITI Aayog)...

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An employment-oriented Economic Policy -Pulapre Balakrishnan

-The Hindu In the heated debate on jobs, the crucial link between macroEconomic Policy and unemployment has not been flagged Innumerable tasks with respect to the economy await the winner of the parliamentary elections now under way, but two may be mentioned and they are connected. The first is to review the conduct of macroEconomic Policy. Though it must come across as arcane, this is an element of public policy that makes...

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