ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

EconomySubscribe to Economy

Platform Capitalism and Edtech

For-profit edtech needs to be banned, and the government must play an active regulatory role.

Market-induced Global Inequalities

Excessive dependence on markets can result in even greater inequality and warped outcomes.

How Reliable Is Labour Market Data in India?

Public perception about the pattern of shock on the employment rate during COVID-19 is based on the Centre for Monitoring Indian Economy data, which is widely referred to in public debates, corporate policy-making, and banking sector. The question that crops up then is how reliable is the CMIE data on the labour market? Here, the examination of the employment ratio indicator of the Periodic Labour Force Survey and CMIE is extended to two another very important labour market indicators, that are, labour force participation rate and unemployment rate, and a comparison of the PLFS and CMIE is carried out to look at their trends and association.

Non-communicable Diseases and Their Macroeconomic Impact in India

Non-communicable diseases now account for two-thirds of the total mortality in India and are projected to account for an estimated 75% of the total mortality by 2030. Cardiovascular diseases, cancer, respiratory diseases, and diabetes are the country’s leading causes of death. Taken as a whole,...

Regional Variations in Multidimensional Poverty

Regional variations in multidimensional poverty and inequality are analysed for the two different administrative regions of Tripura—village committees under the Tripura Tribal Areas Autonomous District Council and gram panchayats under the panchayati raj institutions—using a primary survey. Special emphasis is laid on the deprivations of households with regard to health, education, and the standard of living across these two administrative regions as well as the rural development blocks. The level of multidimensional poverty and incidence appears to be higher in village committees than gram panchayats even though the average deprivation among the poor is around 40% for both the areas with robust between-group inequality.

What Ails Direct-selling Businesses in India?

The law pertaining to direct-selling businesses prevailing in India is in dire need of transformation. A critical examination of the definitions (related to direct-selling), the primary cause of concern, followed by the inept Direct Selling Guidelines issued in 2016 by the Ministry of Consumer Affairs is undertaken here. Focusing on the regulatory aspect of this business model, a case is made for a specialised regulator for direct-selling entities.

The Impact of COVID-19 on the Stock Market and Corporate Firms

This paper highlights the possible consequences of the pandemic on the stock markets. It notes that higher profitability in the past years, better growth opportunities in the stock market, and being a stand-alone firm have a favourable impact on stock price reactions to COVID-19 shocks and, hence, they make such firms more resilient.

COVID-19 and the Everyday Challenges of Indigenous Peoples of Tripura

Although there were some responses from the government and community sociocultural organisations to deal with an unforeseen crisis during the COVID-19 pandemic, it brought enormous challenges in the everyday life of indigenous peoples of Tripura. In this article, the everyday challenges faced by the rural indigenous peoples of Tripura during the first wave of the COVID-19 pandemic and the immediate response by the government and community sociocultural organisations are unravelled.

Cryptocurrency

Consequent to the lifting of the “ban” imposed on the trade of crypto-assets by the Supreme Court of India, there has been a surge of interest in investing in crypto-assets from the general public, spurred by aggressive marketing campaigns by well-funded start-ups. In the absence of proper regulation, there is a very real danger that the public may be mis-sold this product with harm to the wider economy .

Cryptos, CBDC, Privatisation: Notebandi and Then Some

Misconceptions about money, like those during notebandi , define ideas on cryptocurrency and banking.

Rural–Urban Linkages in Bihar

The growth of the manufacturing sector is important for employing a growing labour force and much is also dependent on their skill level. Enterprise surveys in six sample towns of Bihar, a state characterised by slow industrialisation and urbanisation, find evidence of fairly strong rural–urban linkages for manufacturing enterprises. Although the linkages indicate that the manufacturing sector has the maximum potential to create employment by absorbing the surplus labour in the rural areas, it was found that this sector has been languishing in the sample towns. The findings also flag the challenges and areas of growth for industries.

Concept of Development and Hegemonic World Order

Erasing the Binary Distinction of Developed and Underdeveloped: A Comparative Study of the Emergence of the Large-scale Steel Industry in Imperial Russia, Imperial Britain, Imperial America, and Colonial India, 1880–1914 by Vinay Bahl, US: Shunya, 2019; pp 417, price not indicated.

Pages

Back to Top