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…
Employment and wage trends since the mid-1990s have seen 3 phases of growth. In the 3rd period, since 2017–18, the ‘quantity’ of employment has grown. This has been mainly of the self-employed with…
Individual investors are entering the market like never before, investing heavily in small cap funds. These outlays, promoted by TV commentators and influencers, and facilitated by easy-to-use apps,…
What is post-growth thinking and how is it different from the growth-centric thinking that is dominant today? A discussion of some principles of post-growth approaches to the economy, including of…
The internationalisation of the rupee is inevitable as the Indian economy grows. But currency internationalisation cannot be decided on one day and pursued the next. It comes about after a long…