Breaking Down the Recent Labour Law Amendments from the Lens of Macroeconomics

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Once the nationwide lockdown is eased, initial supply chain disruptions might impart cost push inflation while on the other hand, lack of demand (except for the essentials) due to lost income would force the aggregate price level to stay low.

UBI

Informal Sector in Despair Due to the Corona Pandemic: Time to Call Upon Our Central Planner?

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Now, in a nation where nearly 80% of the labourforce is employed in the informal sector, it is hard to believe that government didn’t take stock of these workers’ consumption smoothening patterns and if it really did, maybe it’s time to call upon our central planner: the government!

Education in India

Endogenous Growth Theory Serving Lessons for India: Education Budget 2020

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The education budget was presented under the umbrella of an ‘aspirational India’ theme. The theme itself kept me wondering if it just meant a meagerly increased spending and a few ‘new’ schemes like always, or did it really mean a stronger emphasis on ‘quality of education’.

Nirmala Sitharaman Budget 2019

Amidst the Growth Slowdown- Why We Need to Talk About a ‘Credible’ Finance Ministry

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While the finance ministry tries to address the slowdown by spending beyond what their pockets allow, it must not forget to ensure that the numbers are credible over the medium term. Moreover, it’s time we discuss about the credibility of finance ministry as much as we bat for a credible central bank.