India has been recording rapid growth and is currently the world’s fifth largest economy, but focusing solely on the growth rate or the GDP is misleading. India lags behind 108 countries of the world…
A researcher becomes a ‘partner’ in a food delivery app for two months. What he experiences and learns from his fellow workers is that in the underbelly of India’s vaunted gig economy are low and…
PLI has contributed to growth in production and exports; however, given the scale of support, the rise in output, relative to total electronics production, falls short. Four fifths of the domestic…
Estimates of India’s GDP change from initial to revised figures over two years, usually finally turning out to be initially over-estimated. Other economic aggregates too undergo revision. More…
India’s leaders face a crucial decision – persist with Western-inspired economic policies adopted after the 1991 shift away from industrial planning and socialism, or explore alternative approaches.…
For the first time in years, the NDA government has admitted that there is a need to prioritise job growth. But Budget 2024 does not offer the right policy thrust. The economy needs a new economic…
The unit-level data from the 2022-23 consumption survey raises more questions than it answers. The design has a bias that excludes poor households and the methodology makes it non-comparable with…
In an economy characterised by a massively skewed distribution of resources, resulting in undeserved deprivation for the very many and equally undeserved super-abundance for a very few, surely there…
The economy is growing rapidly and many economic indicators are flashing green. But the path that India has chosen, of promoting national business champions, has its limits. Economic distress is…
The 2022-23 NSO survey tells us that welfare, inequality and poverty have improved since 2011-12. Considering all other data and developments of recent years, it would appear that either the 2022-23…