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

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Cryptocurrency

Consequent to the lifting of the “ban” imposed on the trade of crypto-assets by the Supreme Court of India, there has been a surge of interest in investing in crypto-assets from the general public, spurred by aggressive marketing campaigns by well-funded start-ups. In the absence of proper regulation, there is a very real danger that the public may be mis-sold this product with harm to the wider economy.

 

Rural–Urban Linkages in Bihar

The growth of the manufacturing sector is important for employing a growing labour force and much is also dependent on their skill level. Enterprise surveys in six sample towns of Bihar, a state characterised by slow industrialisation and urbanisation, find evidence of fairly strong rural–urban linkages for manufacturing enterprises. Although the linkages indicate that the manufacturing sector has the maximum potential to create employment by absorbing the surplus labour in the rural areas, it was found that this sector has been languishing in the sample towns. The findings also flag the challenges and areas of growth for industries.

 

Concept of Development and Hegemonic World Order

Erasing the Binary Distinction of Developed and Underdeveloped: A Comparative Study of the Emergence of the Large-scale Steel Industry in Imperial Russia, Imperial Britain, Imperial America, and Colonial India, 1880–1914 by Vinay Bahl, US: Shunya, 2019; pp 417, price not indicated.

 

Acquiring Land in India

The Political Economy of Land Acquisition in India: How a Village Stops Being One by Dhanmanjiri Sathe, Singapore: Palgrave Macmillan (Imprint by Springer Nature), 2017; pp xvi + 204, price not indicated.

Economic Impact of COVID-19-induced Lockdown on Rural Households

Through a series of data visualisations, the article attempts to illustrate the economic repercussions of the COVID-19-induced lockdown of 2020 on rural households. It focuses on how consumption, labour and income, healthcare, access to relief programmes and migration were effected by the lockdown in six major states.

 

Revisiting the GDP Estimation Debate

The National Accounts Statistics series with the base year 2011–12 raised controversy on the integrity of the gross domestic product estimates.

NEP 2020 and the Language-in-Education Policy in India

The National Education Policy of India 2020 is a significant policy document laying the national-level strategy for the new millennium. It is ambitious and claims universal access to quality education as its key aim, keeping with the Sustainable Development Goal 4 of the United Nations Agenda 2030. One of the highlights of the NEP is its emphasis on mother tongue education at the primary levels in both state- and privately owned schools. The present paper critically assesses the NEP 2020, primarily in relation to the language-in-education policy. The paper argues that it presents a “contradiction of intentions,” aspiring towards inclusion of the historically disadvantaged and marginalised groups on the one hand, while practising a policy of aggressive privatisation and disinvestment in public education on the other.

 

Understanding the Skills and Livelihood Aspirations of the Working Homeless Men of Yamuna Pushta

Delhi’s homeless migrants work daily wage jobs that provide temporary housing on worksites, but they often endure abuse from their contractors and employers and receive low to no wages. The city’s approximately 200 shelters allot 18 square feet per resident, which is far below the National Urban Livelihoods Mission’s Scheme of Shelters for Urban Homeless guideline of 50 square feet per person. Labourers in Yamuna Pushta use congested shelters because the nearby jobs determine their survival. In this context, the homeless labourers’ working and shelter conditions, the skills they possess, and the barriers they face to decent working conditions are examined.

COVID-19 Economic Stimulus and State-level Performance of Power Distribution Companies

As part of the COVID-19 economic stimulus package, the Government of India increased the borrowing limit of the states from 3% to 5% of the gross state domestic product. The power sector reform at the state level is one of the criteria to avail this extra borrowing. The efficiency parameters of the power sector are analysed here, and it is observed that there are statewise differentials in the financial and operational parameters. The average aggregate technical and commercial losses that should have been 15% by 2018–19, presently, on average, stand at 26.15%. The average cost of supply–average revenue realised has also widened. The operational parameters indicate widening inefficiencies across states in the power infrastructure.

 

Coal Woes: Are They Touch and Go?

To combat the coal shortage and prevent its recurrence, meticulous and efficient planning holds the key.

 

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