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

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Education, Assimilation and Cultural Marginalisation of Tribes in India

The cultural marginalisation of the tribal people in India through the school system in pre- and post-independence India is discussed by drawing parallels with the residential school system that existed in the United States and Canada.

Infant Mortality Rate

Infant mortality rate has been improving in India for a considerable time now. From 2009 to 2018, India has improved the IMR from 50 to 32. This article aims to understand the underlying improvement in the IMR at the state level and establish whether there is convergence. For this exercise, the article uses health inequality measures like standard deviation, coeffi cient of variation, rate of improvement differences, β convergence and Gini coeffi cient. The fi ndings reveal that all states show improvement in IMR over 10 years, but the rate of improvement is varying amongst state and there is no convergence amongst the states. Small states and union territories improve the IMR at a higher rate compared to that of the national improvement rate.

The Dead Body and Its Fragment

It is a tragedy that the remnants of a dead body defi ne who a human is.

A Double Whammy for the Disadvantaged

After three decades of disinvestment or privatisation of public sector enterprises’ assets, the Government of India has upped the ante and now rolled out a programme for the sale of services provided by the public sector. Labelled as the National Monetisation Pipeline (NMP), this programme would...

Analysing Socio-economic Backwardness among Muslims

Backward and Dalit Muslims: Education, Employment and Poverty by Surinder Kumar, Fahimuddin, Prashant K Trivedi and Srinivas Goli, Jaipur: Rawat Publications, 2020; pp 220, ₹995.

Language as People’s History

Wanderers, Kings, Merchants: The Story of India through Its Languages by Peggy Mohan, New Delhi: India Viking, 2021; pp 352, ₹599

Data Soldiers

Researchers and academia seldom think about the foot soldiers who collect data by travelling to villages, blocks, or districts and interviewing households and communities.

Impact of Leverage on Firms’ Investment

It has been observed that the economic growth cycle coincides with the investment cycle in India. It is found that firm-level leverage could provide early signals about the movements in the investment cycle. Furthermore, a firm’s leverage adversely affects its investment activity after a threshold. Regression results, after controlling for firm’s price to book ratio and operational variables, indicate that the adverse impact of high leverage is predominant on low-growth firms. The initiatives to clean up the balance sheets of banks and deleveraging by non-financial corporates should help in the revival of the investment cycle. The results are consistent with the agency cost of debt and trade-off theory of capital structure, wherein firms set targets for leverage by balancing costs and benefits of debt.

Dividend Behaviour of Indian Companies post Macroeconomic Policy Shock

The impact of the macroeconomic shock of demonetisation in 2016 on the dividend payout policy of Indian companies is examined. The analyses of 2,157 Indian companies’ data for the period from 2013 to 2018 find that both aggregate dividend payout ratio and the number of companies paying dividends dropped in post-demonetisation years. The results of the dynamic system generalised method of moments show that the long-term target dividend payout ratio declined by 9.31% post demonetisation. The study suggests that major macroeconomic shocks affect the dividend payout decisions of companies.

Lessons of Hope for India and Pakistan

Animosity at Bay: An Alternative History of the India–Pakistan Relationship, 1947–52 by Pallavi Raghavan, HarperCollins Publishers India, 2020, pp 288, ₹ 699.

Two-child Norm

In July 2021, Uttar Pradesh announced a population policy, the draft of the Uttar Pradesh Population (Control, Stabilisation and Welfare) Bill, 2021. While the contents of the bill are contentious, so is the timing of its tabling in the legislature. In terms of substantive population planning, the draft document is not only detrimental to long-term demographic transition, it has serious repercussions for welfare state mechanisms.

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