|
Ajit RanadeFree Press Journal |
Kerala offers a model for other states to follow when it comes to the treatment of in-migrants, ie guest workers. The state goes to considerable...
In these times of fierce anti-immigrant sentiment, it will take time to push for freer movement of economic migrants and service providers
The principle of political and social equality of our republic is in sharp contradiction to rising economic inequality. That is why we need to find...
The worsening sentiment can slow down GDP growth even further, although election spending usually buoys the GDP
The India Employment Report 2024 was published last week. It has a comprehensive, in-depth analysis contained in a 300-page report published jointly...
The growth process is supposed to absorb the surplus labour in agriculture into manufacturing and services
India has only 2% of the world’s fresh water supply but 17% of the population. The present predicament of people in Bengaluru, skipping work to...
Those people who complain that farm incomes are not taxed, are not fully cognisant of the burden on the farmer
India’s GDP during the three months ending in December grew at 8.4 percent. This is the highest among all large economies of the world. It is...
The recently released fact sheet on the household consumption survey gives a granular view of monthly spending on consumption
Imagine if stock market investors agitate for regulation that imposes a minimum for stock prices. It is not as absurd as it sounds, and indeed many...
Most members of the Coaching Federation of India are upset with the new regulations because their catchment starts in class V or VI
The government cannot spend even one rupee without permission from the people of India. That permission is given via the representatives in the Lok...
The most remarkable thing about Finance Minister Nirmala Sitharaman’s budget proposal presented on February 1 is the fiscal restraint.
The budget should signal continuity of economic reforms and a path toward fiscal consolidation
The Indian economy grew at a rate of 7.2 percent during last fiscal year, i.e. from April 2022 till March 2023. At that time the forecast from both...
Overall consumer spending will pick up when consumers from all income classes are doing well in terms of their wage income growth and employment...
The International Monetary Fund recently in its report raised a concern about India’s sovereign debt, i.e. the total debt burden on the Union plus...
Despite the two factors in India’s favour, we have to be seriously worried about the sustainability of our debt
The economic data for the second quarter i.e. the period from July till September was published by the government on November 30. These are called...
GDPTypically, higher-income households tend to have a much higher proportion of savings, and hence sustained growth in consumer spending requires the...
By selling gold bonds at fairly attractive terms to investors, the government was hoping to at least wean away some investors from physical gold.
The adoption of the Insolvency and Bankruptcy Code (IBC) in 2016 was one of the most important economic reforms of the past 10 years. The passage of...
It is the free foodgrain distribution which has given a large number of families protection from high food inflation. If, instead, a fixed rupee...
The political battle between protecting the National Pension System (NPS) and going back to the Old Pension Scheme (OPS) is heating up, thanks to the...
Since growth in employment is imperative and an urgent need, we need an accurate ‘thermometer’ which is a reliable indicator of employment and...
The Nobel Prize for Economics this year went to a single individual, Professor Claudia Goldin of Harvard University. She is the third woman in history...
The Global Hunger Index (GHI) is a report published jointly by Concern Worldwide, an aid and humanitarian agency from Ireland, and Welthungerhilfe, an...
The Nobel prize could not have been timelier and more relevant for India. The FLFPR in India has been falling steadily for over two decades, although...
It is a truism that reduction in poverty needs higher economic growth, which can create jobs and incomes. India’s per-capita income at 3000...
The fall in net financial savings is alarming, and there is no solace in saying that it simply reflects more willingness of households to take on...
India prides itself on its young demography. The median age of the population is 27 years. The subset of working-age people out of the total...
An unforgettable image from the last session held in the old Parliament building is that of an elderly Sikh gentleman in a wheelchair at the very back...
A farmer has to set aside a portion of the seeds from his harvest to be used for next year’s sowing. Let’s say he puts away 10% of his total...