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

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Macroeconomic Impact of Social Protection Programmes in India

Generally, the fiscal implications of social protection programmes are evaluated, but not so much on the economic impacts these schemes have on macro aggregates such as output, employment, income and revenue. This motivated us to evaluate the economic impact of three major social protection programmes, namely, the Mahatma Gandhi National Rural Employment Guarantee Act, Indira Awaas Yojana, and the National Social Assistance Programme in 2011-12 using a social accounting matrix. It is found that these programmes have significant impacts on output across different sectors of the economy, on income generation and distribution of different household classes in urban and rural areas, on employment across different sectors of the economy, and even on government revenue generation.

Energy and Labour Use in Industry

This paper looks at substitutability between labour and fuel in the manufacturing sector of Andhra Pradesh, taking into account factor intensities, input ratios and relative prices. The study determines that there is a technical possibility of substitution between fuel and labour, but it is now important to study the actual processes involved at the firm level.
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