-The Hindu Policy efforts to formalise the economy will have limited results as the bulk of informal units are petty producers Since 2016, the Government has made several efforts to formalise the economy. Currency demonetisation, introduction of the Goods and Services Tax (GST), digitalisation of financial transactions and enrolment of informal sector workers on numerous government Internet portals are all meant to encourage the formalisation of the economy. But why the impetus...

-The Hindu Governance performance ranked over a decade Regional disparity has been growing over the years, shows a new study which evaluates the governance performance of 19 major States. The research, conducted by Sudipto Mundle, Samik Chaudhury and Satadru Sikdar, was published in The Economic and Political Weekly earlier this month. Five of the six best-performing States in 2001 — Gujarat, Tamil Nadu, Andhra Pradesh, Kerala and Punjab — continue to be the...

-The Hindu Thanks to the caste system, India has always been an unequal society. What is even more worrying is that inequality appears to have deepened in the past two decades The Boston Consulting Group’s 15th annual report, “Winning the Growth Game: Global Wealth 2015”, has received extensive coverage in the Indian media. The report comes on top of the Global Wealth Databook 2014 from Credit Suisse, which provides a much more...

-Economic and Political Weekly   Among the various axes of inequality in India, regional disparities have acquired greater salience in recent times, with demands being made for special status for certain states on this basis. What has been completely overlooked in the process is that Regional Backwardness in India is a moving frontier with the most intense forms of poverty and deprivation getting increasingly concentrated within enclaves of backwardness, especially those inhabited...

-The Hindu Every effort needs to be made to reform MGNREGA, as it has been both a major success and a huge failure. The best way for this is to study carefully the conditions that made it a success and also to undertake a diagnostics of its failures An impression has gained ground in recent weeks that the National Democratic Alliance (NDA) government at the Centre is inimical to the Mahatma Gandhi...