Interpreting the IPL
Jun 23rd 2008, Jayati Ghosh

The shorter and more dramatic format of Twenty20 cricket was bound to be successful and provide a real challenge to the most traditional format of test cricket and also allowed cricket to compete for viewership with other games such as football. But the real novelty of the IPL lies in its open, blatant and even exuberant celebration of the commercial principle.

The Scourge of Private Tuitions
Jun 12th 2008, Jayati Ghosh

In all Indian cities and towns and increasingly in rural areas, taking private tuition has now become common practice and at fees which are much higher than the regular school fees. A remarkable feature of our school education system is the way it has allowed and even encouraged the proliferation of this system. However, not only is the system deeply inequalising, it adversely affects the quality of the school education system itself.

 
A Note on Fiscal Devolution and the Centrally Sponsored Schemes
May 26th 2008, Jayati Ghosh

A constraint on the ability of the state governments to raise revenues in turn limits their capacity to fulfil even their constitutional responsibilities towards their citizens. The pattern of fiscal devolution from Centre to States is of the utmost significance from this perspective. This system however, under the respective Finance Commissions, has actually increased the centralisation of government finances over time.

Recent Growth in West Bengal
May 12th 2008, C. P. Chandrasekhar & Jayati Ghosh

The state of West Bengal has been the focus of national discussion because of the various implications of its proposed industrialisation policy. In this article the authors consider the background to this policy by analysing the most recent available evidence on growth trends in West Bengal.

 
The Impact of Macroeconomic Change on Employment in the Retail Sector in India: Policy Implications for Growth, Sectoral Change and Employment
May 15th 2008, Jayati Ghosh, Amitayu Sengupta &
Anamitra Roychoudhury
This study is concerned with the employment situation in India’s retail sector. High economic growth in India has not produced satisfactory outcomes of job growth, both in terms of quantity and quality. Concern has arisen that many of the working poor engaged in small-scale retailing and street vending are crowded by entries of large-scale domestic as well as foreign retailers. Share of workers’ income in manufacturing has also seen a decline, despite labour productivity growth, during the last decade. This paper argues that economic policy in India needs to be made more inclusive and equitable. The only sure way of doing so would be making it more pro-job and pro-poor, through examining employment implications of macro policies that accompany economic liberalization.
Farmers' Suicides in India: Magnitudes, Trends and Spatial Patterns
Mar 3rd 2008, K. Nagaraj
Given the very large number of suicides by farmers in various parts of India over the last decade, there is a need to probe the issue by utilizing a data source which would provide a comprehensive, nation-wide picture. This paper is a modest attempt to fill that gap. Its basic objective is to put together, and carry out a preliminary analysis on, the secondary data that are available on farmers’ suicides in the country. The paper studies, first, the magnitude and trends in farmers’ suicides in India over 1997-2006; and second, the regional patterns, if any, in the incidence and trends in these suicides.
Nov 28th 2007.
Economic Research Foundation (ERF) is looking for researchers for appointment at the Junior Economist and Economist levels.
Budgetary Policy in the Context of Inflation
Mar 30th 2007, Prabhat Patnaik

Negating the impact of the current inflationary episode in India on the poor requires both the ensuring of appropriate supplies through imports, and a transfer of purchasing power from the profit earners to the workers. Hence, even if augmentation of supplies through resorting to imports, as the government is doing now in the case of foodgrains, succeeds in ending inflation, there is still the need to put additional purchasing power in the hands of the poor so that they regain their earlier real income. The author argues that the basic problem with the 2007-08 budget is that it is oblivious of these social demands of a situation of profit inflation.

Singur and the Political Economy of Structural Change
Feb 17th 2007, Mritiunjoy Mohanty

The paper explores the controversy that has surrounded the West Bengal Government's land acquisition programme in Singur and situates it within the overall context of economic growth and transformation. It argues one of the most adversely affected groups as a result of the acquisition is relatively large farmers for whom agriculture is a source of accumulation and not livelihood and subsistence. This might explain in part why the resistance has been so strong. The paper argues that equitable and sustained growth is possible only by reducing the share of agriculture in the labour force and therefore that the West Bengal Government's strategy has to focus on maximising the generation of non-farm rural employment.

Jyotirmoy Bhattacharya
 
What were the Main Drawbacks of the Nehruvian Strategy of Development?
Public Finance Statistics
Index Number of India's Exports & Imports
All India Index Numbers of Area, Production and Yield of Principal Crops (Base: Triennium ending 1981-82)
National Accounts Statistics (Base: 1993-94 )
National Accounts Statistics (Base: 1980-81)
National Accounts Statistics: Disaggregated Statements
State Domestic Product (Base: 1980-81)
 

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