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Economic Recovery or A Statistical Illusion: Some observations on recent estimates of GDP growth
07 December, 2017, Vikas Rawal
On November 30th, the Central Statistical Office (CSO) came out with quarterly estimates of GDP for the second quarter (June to Sep) of 2017. Predictably, analysts and spokespersons of the government spent the evening in newsrooms of various TV channels celebrating what they claimed was a sign of revival of the economy.
The Crisis and Employment in Asia
15 February, 2010, C.P. Chandrasekhar & Jayati Ghosh
Ever since the global financial and economic crisis broke, the International Labour Organisation (ILO) has been regularly tracking its impact on the level and quality of employment. In January 2009, the ILO (International Labour Office 2009) indicated that, under alternate scenarios, global unemployment could increase by between 18 million or 51 million people worldwide from 2007 to 2009.
The Threat of Drought-driven Inflation
24 August, 2009, C.P. Chandrasekhar & Jayati Ghosh
With just a few weeks to go before the Southwest monsoon retreats, it seems almost certain that the deficiency in rainfall would be such as to constitute a drought.
The Plight of Construction Workers
05 August, 2009, Jayati Ghosh
Lakhs of construction workers in Delhi face inadequate safety provisions, poor working arrangements and dire living conditions. But, even as the money collected as cess for meeting the social security needs of these workers lies unutilised, an outlandish proposal has been made to use a part of this money in a way that will effectively subsidise contractors and builders.
Tainted Money
10 May, 2009, C.P. Chandrasekhar
There is increasing concern the world over regarding the role of tax havens in promoting tax evasion and money laundering. This is the opportunity to fulfil demands that the violations of law that permit the accumulation of illegal wealth abroad by India's rich and powerful in Swiss and similar banks accounts need to be investigated, the offenders must be prosecuted and the money brought back and directed towards pushing growth and improving welfare domestically.
Making the Poor Pay for Health
28 September, 2006, Jayati Ghosh
The inadequate level of public health spending, which has been a constant and unfortunate feature of Indian development in the past half century, has deteriorated further. If India is to achieve even a small part of the potential that our leaders are so proud of declaring, government health expenditure to be substantially increased from the current abysmally low levels

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