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Yearly Archives: 2018

Home 2018

Factory workers in India

  • August 14, 2018
  • Jayati Ghosh and C. P. Chandrasekhar
  • Employment, Industry, Macroeconomics
  • 0 Comments

Recent data from the Annual Survey of Industries, covering up to 2015-16, provide some interesting insights into the changing nature of industrial employment in India. In the decade up to 2015-16, there was a significant increase in the number of…

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Begging and Criminality

  • August 13, 2018
  • Prabhat Patnaik
  • Economy and Society, Poverty
  • 0 Comments

On Wednesday August 8, the Delhi High Court decriminalized begging in the capital. In the course of its hearing it had raised the question how begging could be an offence in a country where the government was unable to provide…

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A Memorial for Dr. Vineet Kohli, Assistant Professor at TISS and a Former CESP Student

  • August 13, 2018
  • Macroscan Team
  • Development Economics
  • 0 Comments

This is a memorial for Dr. Vineet Kohli, Assistant Professor at TISS and a former CESP student, whose untimely death has left a void in the world of heterodox economics in this country. His friends in JNU are organising a…

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Prof. Prabhat Patnaik on Alternative Discourses in Macroeconomics

  • August 11, 2018
  • Prabhat Patnaik
  • Macroeconomics
  • 0 Comments

The School of Social Science Council JNUSU had organised a workshop titled ‘Alternative Discourses in Macroeconomics’, conducted by Emeritus Professor, Prabhat Patnaik. The Council is pleased to inform that this will be continued as a lecture series in the coming…

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Ranking Universities

  • August 6, 2018
  • Prabhat Patnaik
  • Economy and Society, Political Economy
  • 0 Comments

The proposal to eliminate the University Grants Commission and to tighten political control over the higher education system in India, has been mooted at the behest of Narendra Modi who is apparently concerned about the dearth of Indian names among…

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Crop Insurance: Another Dressed Up Scheme

Crop Insurance: Another dressed up scheme

  • August 2, 2018
  • C. P. Chandrasekhar
  • Food and Agriculture, Political Economy
  • 0 Comments

Among the pro-farmer policies that the NDA government claims to have initiated, one often flagged is the modified crop insurance scheme titled Pradhan Mantri Fasal Bima Yojana (PMFBY). Effective as of kharif season 2016, this scheme is supplemented with the…

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Institutional Investors and Indian Markets

  • August 1, 2018
  • Jayati Ghosh and C. P. Chandrasekhar
  • Finance
  • 0 Comments

These are uncertain times for emerging market economies (EMEs) like India. They have been important destinations for investments financed by the cheap liquidity that was pushed into the financial system by developed country central banks attempting to address the financial…

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Capitalism’s Discourse on “Development”

  • July 30, 2018
  • Prabhat Patnaik
  • Development Economics, Economy and Society, Poverty
  • 0 Comments

Capitalism’s discourse on “development” which has become quite influential all over the third world in the neo-liberal period proceeds as follows: (i) “development” must consist in shifting the work-force from the traditional (petty production) sector which is overcrowded with low…

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The State of The Economy

  • July 23, 2018
  • Prabhat Patnaik
  • Economy and Society, Finance, Macroeconomics, Trade and balance of payments
  • 0 Comments

Newspaper headlines over the last few days have highlighted three facts which point to the current abysmal state of the Indian economy. The first relates to inflation, where the June 2018 wholesale price index was 5.77 percent above that of…

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The Devaluation of the Academia

  • July 19, 2018
  • Prabhat Patnaik
  • Development Economics
  • 0 Comments

We are about to witness a major change. Academics are going to be marginalized in the process of decision-making relating to academic matters. An implicit marginalization has been going on for some time, but now it will get the imprimatur…

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