-The Hindu The paradox becomes clearer by recognising the circuit of financial flows beyond the real economy Divergences between the booming financial and the stagnant real sectors, which appear rather confounding as well as disconcerting, warrant an explanation. Enumerating the facts in India’s major secondary stock market, the Sensex (the benchmark index of the BSE Limited, or formerly the Bombay Stock Exchange Ltd.) has been found tracking an upward path, from 40,817 on...

-The Hindu Without regulation, the situation could spiral out of control Recently, a professor at a business school allegedly misused his faculty position to provide fake certificates to students WHOm he had compelled to attend an online course that he taught. He essentially took advantage of India’s rising pre-pandemic gig economy in education. When authorities at the institution discovered the racket, they suspended him. This is a cautionary tale for the global...

-National Herald While Americans take themselves as citizens and demand responsibility and accountability from power, Indians are still slavish, says Kannan Gopinathan, WHO resigned from IAS What happened in Washington DC at the Capitol Hill Building was watched in horror and everybody said, “Look democracy can fail even in America.” To me it looked like the triumph of American democracy. Attempts to overturn the Presidential election failed. State after state stood up to...

-Scroll.in The author of the forthcoming ‘The Great Gender Divergence’ on how agriculture can explain why some parts of India are more gender-equal than others. Dr Alice Evans is a lecturer at King’s College London and a faculty associate at Harvard’s Centre for International Development. Taking inspiration from research on the great divergence – the idea that Western Europe saw tremendous socioeconomic shifts in the 19th century that led to industrial growth...

-CaravanMagazine.in In 2006, the Bihar government deregulated the agricultural sector, and largely removed government oversight over food grain procurement. Previously a majority of food grain procurement happened through the Agricultural Produce Market Committee, a marketing board run by the state government that would organise mandis—WHOlesale markets—where farmers could directly sell their produce to the Food Corporation of India or the State Farming Corporation at the established minimum support price. The MSP...