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Lessons from Sri Lanka

Vol. 56, Issue No. 37, 11 Sep, 2021

Ethnocracy and concentration of power can derail even an affluent nation.

 

Not ‘Sailing in the Same Boat’: Why the COVID-19 Pandemic Has Been Worse for LGBTQI+ Persons in India

While the COVID-19 pandemic has disrupted lives across the world, there can be no argument that the worst-affected are individuals and communities that were already vulnerable before the pandemic. The pandemic has exacerbated and made visible existing structural inequities. Like other crises, the pandemic is not neutral to gender, caste, ethnicity, class, sexuality or any other determinant of one’s social location. It is more than clear now that people already marginalised and stigmatised, are the worst hit by the pandemic lockdowns. The hit is marked on several axes —psychological, economic...

Education, Assimilation and Cultural Marginalisation of Tribes in India

Vol. 56, Issue No. 36, 04 Sep, 2021
Virginius Xaxa

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

Vol. 56, Issue No. 36, 04 Sep, 2021
Vishalkumar Jan

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

Vol. 56, Issue No. 36, 04 Sep, 2021

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

A Double Whammy for the Disadvantaged

Vol. 56, Issue No. 36, 04 Sep, 2021

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.

Analysing Socio-economic Backwardness among Muslims

Vol. 56, Issue No. 36, 04 Sep, 2021
Manjur Ali

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

Vol. 56, Issue No. 36, 04 Sep, 2021
Asha Singh

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

suspended in time we wait

Vol. 56, Issue No. 35, 28 Aug, 2021
C Sathyamala

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Data Soldiers

Vol. 56, Issue No. 35, 28 Aug, 2021
Rasmi Avula

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

Vol. 56, Issue No. 35, 28 Aug, 2021
Avdhesh Kumar Shukla, Tara Shankar Shaw

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

Vol. 56, Issue No. 35, 28 Aug, 2021
Ramesh Bhat, I M Pandey, Samveg Patel

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.

 

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