The “demographic dividend” that was so eagerly anticipated in India more than a decade ago has already become a demographic disaster. India’s burgeoning youth population is achieving higher levels of education, and then entering a labour market that simply does…
In the past three years, global food prices have been on a roller coaster, rising rapidly especially in the first half of 2022 due to a speculative bubble and then falling from July 2022 onwards (Figure 1). The phase of…
A renewed focus on retail lending, or the provision of personal loans, by India’s banking system (and the non-bank financial companies they support), is giving the otherwise confident Reserve Bank of India some cause for concern. That the period after…
The recently released report from the Ministry of Statistics and Programme Evaluation, the ‘Statistical report on value of output from agriculture and allied sectors (2011-12 to 2022-23)’ provides some estimates of how the value of agricultural output has changed since…
For some time now, there has been much discussion of and concern expressed about a decline in the net financial savings of the household sector in India. Overall household savings as a percentage of gross national disposable income (GNDI) rose…
It is generally perceived that India’s growth trajectory has been consumption-led. Many of the enthusiastic international assessments of future economic growth prospects in India are based on the anticipation of the massive domestic market likely to be created by India’s…
Interest in India’s almost unique success as a services exporter in global markets persists. India’s services export receipts rose from $95.8 billion in post-crisis year 2009-10 to $341.1 billion in 2023-24. Close to one half (47 per cent) of those…
Once again, low and middle income countries (LMICs) are at the brutal receiving end of the fickle trajectory of international capital flows. As Figure 1 indicates, net financial flows to such countries, which increased rapidly after the Global Financial Crisis…
The Organisation for Economic Cooperation and Development (OECD), predominantly a club of rich market economy countries, has just released preliminary estimates of the flow of Overseas Development Assistance (ODA) or “aid” from 31 members of its Development Assistance Committee to…
The newly-released India Employment Report 2024, produced by the ILO and the Institute for Human Development, contains a wealth of information and analysis on past and current employment patterns, and has an important focus on employment concerns of the youth in…
