Category: Economy

Why ‘unemployable’ disabled people face exclusion, have been deliberately shut out of labour force

August 16, 2019

By Sheshu Babu* Since the major aim of capitalists is to see that maximum production can be extracted from labour, exploitation of workers becomes a key factor. Ordinary workers, thus, face constant harassment, humiliation, misery and burden of work. Disabled, in addition, face alienation and abuse both from the employers as well as society. The … More Why ‘unemployable’ disabled people face exclusion, have been deliberately shut out of labour force

Ideas in draft New Education Policy clash with RTE amendment to reverse the no detention policy

August 13, 2019

By Aarti Mangal The draft of New Education Policy (DNEP), along with revamping the higher education, has also made significant changes in the school education system. On the one hand, the recommendation to include  Early Childhood Care and Education (ECCE) under free and compulsory education is laudable if it is implemented effectively in the school … More Ideas in draft New Education Policy clash with RTE amendment to reverse the no detention policy

Effective implementation of budgeted schemes to support entrepreneurs, start-ups a big challenge

July 23, 2019

By Akhilesh Kumar Sharma* Entrepreneurs shape the growth path of an economy by taking risk to invest in new ideas, offering products and services, creating employment and wealth, and generating revenues for the government. In the recent years, Indian entrepreneurs have performed very well. India’s ranking has improved in the World Global Innovation Index from … More Effective implementation of budgeted schemes to support entrepreneurs, start-ups a big challenge

The Union budget is silent on economy’s transition to interlinked and clean energy needs

July 16, 2019

By Dr Anandajit Goswami* The latest Union Budget created the hope of shining India which is going to be a $3 trillion economy by end of the year, and aspiring to be reaching to a $5 trillion economy by 2024-25. An economy which is showing sluggishness can only recover and set its course in this … More The Union budget is silent on economy’s transition to interlinked and clean energy needs

Children with disabilities: India’s partial progress in harmonizing national laws with UN requirements

July 8, 2019

Excerpts from the report “State of the Education Report for India 2019 Children with Disabilities”, prepared by the Tata Institute of Social Sciences (Mumbai) and commissioned by UNESCO New Delhi: The Right to Education (RTE) Act 2009 and the Rights of Persons with Disabilities Act (RPWD) Act 2016 have helped create a comprehensive legal framework … More Children with disabilities: India’s partial progress in harmonizing national laws with UN requirements

Liquidity crisis in India’s shadow banking sector is a wake-up call for government and regulators

June 22, 2019

By Kavaljit Singh* India’s shadow banking system is in deep trouble. An imminent crisis has been slowly but surely brewing in India’s shadow banking sector for the past one year. The first signs of trouble in this sector emerged in June 2018 when Infrastructure Leasing and Financial Services (IL&FS) – a major non-banking financial company … More Liquidity crisis in India’s shadow banking sector is a wake-up call for government and regulators

Massive public-private partnership investment in infrastructure: For whom and for what?

March 23, 2019

By Gaurav Dwivedi It is being emphasised quite often that the infrastructure sector is a crucial driver for the Indian economy. The sector would be responsible for propelling India’s overall development and enjoys intense focus from the Government for initiating policies that would ensure time-bound creation of world-class infrastructure in the country. Infrastructure sector includes power … More Massive public-private partnership investment in infrastructure: For whom and for what?