Ranking Universities
Aug 6th 2018, Prabhat Patnaik
Ranking universities amounts to detaching them from their social contexts and hence denies the social role of education.
Crop Insurance: Another dressed up scheme
Aug 2nd 2018, C.P. Chandrasekhar
Pradhan Mantri Fasal Bima Yojana (PMFBY) launched in 2016 which is supplemented with Restructured Weather Based Crop Insurance Scheme (RWBCIS), have failed to deliver what it had promised. The number of farmers insured under this scheme has fallen and the claims paid to farmers has fallen from 98% to 61%. The scheme seems to be benefitting the insurance companies as there has been rise in gross premiums paid to these companies by government.
Capitalism's Discourse on "Development"
Jul 30th 2018, Prabhat Patnaik
Capitalism cannot overcome unemployment and poverty in the third world countries because of its inherent tendency to generate greater technological progress, which increases labor productivity and thereby slows down the employment generation process. Because of growing labor reserves, real wages remain at subsistence level, but since labor productivity would be growing, the share of surplus would be increasing. Therefore capitalism produces growth at one pole and aggravates poverty at another.
Factory Workers in India
Aug 14th 2018, C.P. Chandrasekhar and Jayati Ghosh
The number of workers in the industrial factory sector in India has grown since 2005-06, but other trends suggest that the bargaining power of such workers remains low.
Changes in the Structure of Employment in India
Aug 14th 2018, Vikas Rawal
An analysis of overall trends in the structure of employment, differentiated between men and women, between rural and urban workers, and across different sectors. With an emphasis on using age-cohort analysis, the dynamics of change in the employment structure are elucidated. The paper looks at changes in the overall size of the labour force and in work participation rates between 1993–94 and 2011–12 and talks about changes in employment structure across different industries as well as impact of improvement in educational attainment on employment conditions of young workers.
A Memorial for Dr. Vineet Kohli, Assistant Professor at TISS and a Former CESP Student
Aug 13th 2018.
Job Opening at Economic Research Foundation
Jan 31st 2018.

Prof. Prabhat Patnaik on Alternative Discourses in Macroeconomics
Aug 11, 2018

The School of Social Science Council JNUSU had organised a workshop titled 'Alternative Discourses in Macroeconomics', conducted by Emeritus Professor, Prabhat Patnaik. The Council is pleased to inform that this will be continued as a lecture series in the coming days on every Friday at 4.30 pm, Room No. 203, SSS III.
Ashok Mitra
May 22nd 2018. Jayati Ghosh
Ashok Mitra's astounding ability to remain so involved, committed and intellectually engaged right to the end has left an inspiring memory of him. His fearless criticisms and unvarnished truth has attracted so many young people to him. His works on economics are as impressive as his journalistic commentary.
Ashok Mitra, a Man who was Equally Committed Politically and
May 5th 2018. Jayati Ghosh
"Much has been and will be written about this extraordinary man…All these qualities, rare as they are, are even rarer in combination. But in this piece, I will present a more personal picture, from someone who saw him as a father figure and was privileged to know him well."
Ashok Mitra
May 3rd 2018. Prabhat Patnaik
A man of great wisdom, and generosity, scrupulously adhering to principles and willing to fight for them, but without any malice towards anyone, Ashok Mitra was a pillar of support for the Left.
BUDGET 2018 - 19
Budget 2018-19: No money where the mouth is
Feb 20th 2018, C.P. Chandrasekhar
Support for Budget 2018-19 is missing across the income and wealth spectrum. While the Finance Ministers' big talk backed with small money no longer fools the vulnerable, the governments' image of being "reformist" has also taken a hit among speculative foreign and domestic investors, as a reaction to the new tax reforms.
The Budget and Education
Feb 20th 2018, Jayati Ghosh
The thrust towards privatization in Budget 2018-19 is evident in the pattern of education spending, which has been brought down to less than 3.5 percent of the government budget, against a promise of 6 percent in the 2014 electoral campaign. So, any real changes are clearly expected to be financed by private participation, implying declining spread, reduced access, and increased inequality.
The Question of Farm-Loan Waiver
Jun 23rd 2017, Prabhat Patnaik
The primary reason why loan-waiver is being demanded at present is not an output fall owing to any natural calamity. It is the price-fall on account of the bumper harvest that underlies this demand. It is the breaking down of an appropriate institutional mechanism that is responsible for the peasants’ distress and periodic demands for loan-waivers.

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