A distinct exercise to validate the official estimates of India’s GDP growth during the years 2011-12 to 2017-18 finds that there was an over-estimation in the new series, similar to the conclusions…
Unemployment today is at an all-time high but that is not the only challenge in jobs: more and more workers are withdrawing from the labour force, the wages of casual workers are below a reasonable…
How do we measure the exchange rate? Why do we not have a fixed exchange rate which would make life simpler? Why does the US dollar enjoy a near-supreme power? Why has the value of the Indian rupee…
In making the shift to renewable energy, India has to manage the disruption of long-standing institutional and political arrangements in ways that enable clean energy in a sustainable manner.
“Make in India” has failed to meet its objective of turning industry around. The government has seemed more concerned with improving India’s rank in the spurious Ease of Doing Business Index, which…
There have been landmark changes in the framework for centre-state fiscal relations in recent years. What do these hold out for the future of relations between the union and the states?
The jobs question is begging for answers from the polity. Here an agenda for dealing with urban unemployment, in particular. A key element could be investment in universal basic services. It is all…
The crisis in Indian agriculture today is not a new one; it goes back many years. Therefore, the problems of farmers cannot be addressed by the band aids of higher MSPs and cash transfers. An…
Contrary to appearance, measurement of income (or ‘money-metric’) poverty – by failing to be transparent about the assumptions and values informing it – can serve the purpose of apologetics.
