Author
The author is a senior economist, columnist, author and a votary of inclusive development
Intertwining economic reforms and social mobility where each citizen takes a small step culminating into a giant leap is a force multiplier
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Many who are equating the layoffs of the global tech giants with our unicorns may have got it all wrong. For the gorillas and the whales, layoffs are not ‘survivor’ centric, but more profit motivated. Downsizing in the unicorns conveys a totally different picture
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The Crux study highlights that the financially literate are prudent and judicious. They are more likely to plan, save, invest, and accumulate more wealth. Most manage loans better, refinance their mortgages and never borrow against their retirement savings
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Some suspect a deeper malice and believe jobs may not come back for the next couple of years. However, we are not in for a dark winter
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The key lesson is that well-designed, effectively implemented, judicious healthcare investment is a GDP booster. It sustains a better economy. Good health and wellness are key to upward mobility
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A Crux study highlights that the young and educated’ ‘wait’ 42 months for jobs compatible with their qualification. The eager ‘accept’ and get absorbed in low-productivity segments of the unorganised sector. ‘Continued’ engagement in family firms and farms is the last resort, implying under-employment; and no better
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Rural development, which is key to equity, opportunity, and mobility, is largely dependent on infrastructure. The forward-backward linkages supplement rural economy, rebalance growth and elevate living conditions
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At the macro level, the gap between laggard states and developed ones is on the rise. The ‘Jobless’ growth phenomenon is ‘hardening’, equally creeping across other sectors
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The policy framework must create an ecosystem where they enjoy these extended years; enjoy a life of stability and dignity
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The cost of higher education is widening socio-economic gaps. It’s essentially unaffordable for most working families, leading to the ‘expulsion’ of youngsters from the higher education system
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