Informal Economy

No harm in disputing IMF projections on India, but cannot ignore hard realities on growth front

In January 2019, IMF’s forecast for India was 7.5 percent. This was revised down to 7.3 percent in April, further down to 7 percent in July, 6.1 percent in October and now to 4.8 percent.

Kerala’s growing climate change crisis gets left behind in election, poll rhetoric

Citizen initiatives stand in sharp contrast to the collective indifference of the political class to climate events in Kerala.

Over 68% of Asia-Pacific's workforce makes a living in informal economy, says International Labour Organisation

1.3 billion people of the employed population in the Asia-Pacific make their living in the informal economy, says the International Labour Organisation.

Rs 2,000 notes go missing: Shivraj Chouhan doesn’t get it; killing high value pink notes was govt-RBI plan post-demonetisation

Shivraj Chauhan didn’t take the names of potential hoarders of Rs 2,000 notes, but one can assume that the chief minster’s ire is aimed at political rivals.

At HT Leadership Summit, Narendra Modi lauds JAM trinity, says Aadhaar will help govt weed out benami properties

At HT Leadership Summit, Narendra Modi says country saw a behavioural change after demonetisation which helped achieve a clean and healthy economy.

At Asean summit in Manila, Narendra Modi says demonetisation led to formalising large part of Indian economy

Narendra Modi at Asean summit said his country was using its unique ID system in financial transactions

Unorganised sector jobs not growing for 5 years; note ban may have just deepened the crisis

It is clear from the survey findings that this sector and its job creation potential failed to keep up with the country’s economic growth