-The Hindu/ PTI It is the steepest contraction in the last six months The output of eight core sectors declined by 4.6% in February, the steepest contraction in the last six months, which, experts said, could drag the overall industrial production in the month into the negative territory. All the key segments, including coal, crude oil, natural gas, and refinery products, witnessed a decline in production, according to the official data released on...
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India FY21-22 growth will be in the 7.5%-12.5% range, likely 10.1 %: World Bank -Sriram Lakshman
-The Hindu The Bank expects public consumption to contribute positively, but pent-up private demand to fade by end of 2021 India’s economy is expected to grow at 10.1% for the year starting April 1, 2021, as the vaccine roll-out drives activity in contact-intensive sectors, as per the World Bank’s South Asia Economic Focus South Asia Vaccinates report. However, given the significant uncertainty around epidemiological and policy factors, real GDP growth could range...
More »Declining Female Work Participation in India: What does the Periodic Labour Force Survey Tell Us? -Ellina Samantroy, Kingshuk Sarkar and Sanjib Pradhan
-MainstreamWeekly.net The paper is based on highlights from the Periodic Labour Force Surveys (PLFS) on female labour force participation. The paper has also used the quinquennial rounds of the Employment and Unemployment Surveys. Women’s participation in the workforce has been continuously declining since 2004-05 though a marginal increase was reported in PLFS 2018-19 with a corresponding increase in self-employment. In this context, the paper tries to understand the employment trends for...
More »Dormant Parliament, fading business -MR Madhavan
-The Hindu The gradual deterioration in Parliament’s functioning has to be stopped if it is to fulfil its constitutional mandate The Budget session of Parliament ended on Thursday, two weeks ahead of the original plan, as many political leaders are busy with campaigning for the forthcoming State Assembly elections. This follows the trend of the last few sessions: the Budget session of 2020 was curtailed ahead of the lockdown imposed following the...
More »Tamil Nadu’s distinct growth path is in peril -Kalaiyarasan A and M Vijayabaskar
-The Hindu The political emphasis on welfare interventions is insufficient to address the emerging developmental issues in the State A major concern in contemporary Indian development is the widening socio-economic disparity across groups and regions. Even when regions perform relatively better in one developmental dimension, it does not often translate into all round development. For instance, Himachal Pradesh and Kerala might have attained better levels of human development but that has not...
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