-The Hindu Business Line This is on the back of swift rise in prices of raw materials and global natural gas India is likely to witness an unprecedented jump in the Central government’s fertiliser subsidy on the back of swift rise in prices of raw materials and global natural gas. According to ratings agency Crisil, the government’s fertiliser subsidy bill is likely to be higher by ₹50,000 crore to touch the total...

-PTI/ Business Standard The Nobel laureate was sharing his observations from a recent visit to West Bengal. People in India are in "extreme pain" and the Economy is still below the 2019 levels, with "small aspirations" of people becoming even smaller now, Nobel laureate economist Abhijit Banerjee has said. He was virtually addressing students of the Ahmedabad University in Gujarat on Saturday night from the US during the varsity's 11th annual convocation which...

-The Hindu Public choice refers to an economic approach towards the study of politics. American Nobel laureate James Buchanan, a prominent member of the Virginia school of political Economy, characterised the public choice approach to politics as the study of “politics without romance.” Public choice theorists assume that politicians and bureaucrats who run the government of a country are self-interested individuals who primarily look after their own selfish interests. This is in...

-Livemint.com A study shows the link between India’s low rate of female labour participation and the threats women face India’s female labour force participation rate (FLFPR) is a puzzling feature of our Economy. Though output more than doubled and the number of working-age women grew by a quarter over the last two decades, the number of women in jobs declined by 10 million. Global indices and gender empowerment measures also paint a...

-The Hindu An SBI Research study’s claim that there is greater formalisation of the Economy is unfounded According to a recent State Bank of India (SBI) Research report, the informal Economy in India has been shrinking since 2018. Formalisation, the report says, has taken place through the gross value-added (GVA) route, consumption through increased digital payments, and the employment route. Let’s examine each of these. The report claims that the share of the...