Stylized pattern of structural change and economic development in India: 1950-2020

By Prof Balwant Singh Mehta, Dr Arjun Kumar* The process of economic development has been historically linked with the general pattern of structural changes of the national economies in the globalized world. It occurs with changes in structures of broad economic sectors (agriculture, manufacturing and services) in terms of share of output and employment. The … Continue reading Stylized pattern of structural change and economic development in India: 1950-2020

John Weeks, who humanised economics as discipline, questioned the power of capital

By Bhabani Shankar Nayak* Prof John Weeks, widely admired development economist passed away on 26th of June 2020 at the age of 79. His death is a blow to many friends, comrades, colleagues, students and fellow progressive economists. He was born in Austin, educated in Texas and Michigan, lived and worked most of his professional … Continue reading John Weeks, who humanised economics as discipline, questioned the power of capital

Surviving the pandemic: Time to boost MSME sector for the sake of inclusive growth

By Prof Balwant Singh Mehta, Prof IC Awasthi, Dr Simi Mehta, Prof Bharat Singh, Prof Soumyadip Chattopadhyay, Prof Nitin Tagade, Rahul Ranjan, Dr Arjun Kumar* MSME sector is the second largest employment creator after agriculture in the country, and provides employment to 120 million people through 36 million enterprises. It contributes around 31% to the … Continue reading Surviving the pandemic: Time to boost MSME sector for the sake of inclusive growth

Draft EIA notification’s dangerous precedent: It allows projects to start operating, then have post facto EC

Comments submitted by independent researchers Meenakshi Kapoor and Krithika A Dinesh, independent researchers, working on environmental regulation and policy matters for years, to Rameshwar Prasad Gupta, Secretary, Ministry of Environment, Forest and Climate Change, on the Draft Environmental Impact Assessment Notification 2020: On March 23, 2020, the Ministry of Environment, Forests and Climate Change issued … Continue reading Draft EIA notification’s dangerous precedent: It allows projects to start operating, then have post facto EC

Ecology needs to underpin welfarism. We must discard economic growth addicted to GDP

Manju Menon, Kanchi Kohli* The Modi government has been trying very hard to persuade all TV viewers that we are not in the midst of a COVID-19 pandemic mismanagement disaster. The Union finance minister’s delivered a five-part presentation recently on a plan for economic revival. This plan to pump up the economy through loans and … Continue reading Ecology needs to underpin welfarism. We must discard economic growth addicted to GDP

Key to equitable, inclusive development is compassionate and sustainable capitalism

By Moin Qazi* The field of social entrepreneurship has attracted great global interest on account of its role in providing sustainable solutions to a diverse range of challenging environmental and social problems - health, poverty and climate change - with limited resources. Social entrepreneurs are drawn by a variety of social missions. They are passionate … Continue reading Key to equitable, inclusive development is compassionate and sustainable capitalism