Op-Eds

While the methodology for the Household Consumption Expenditure Survey is more refined now, the survey needs to address some methodological challenges. The National Sample Survey (NSS) Office released the key results of the Household Consumption Expenditure Survey (HCES) 2022-23 in late February. These primarily include all-India estimates of the average household monthly per capita consumption...   Read More

The aggregation of personal and financial data through fintech platforms presents an attractive target for hackers, leading to concerns over data privacy and security. The digitalized payment landscape, while making transactions more efficient and cost-effective, has unintendedly heightened the risk of cyber frauds and personal data misuse. Cybercriminals exploit vulnerabilities in the system, engaging in...   Read More

Given the current and anticipated changes in dietary choices, livestock and fisheries present a distinct opportunity for growth. Both rural and urban populations’ consumption patterns are shifting, according to NSSO statistics. Based on the amount and pattern of consumer expenditure surveys (many rounds), data on monthly consumption expenditure per capita shows that spending on fish...   Read More

There are no win-win options here as all of them involve trade-offs. Policy makers must strike a balance. A universal social security system is perhaps the best option to protect gig workers. The Code on Social Security, 2020 defines gig worker as a “person who performs work or participates in a work arrangement and earns...   Read More

The agricultural sector in India has made significant progress since gaining Independence, thanks to technological advancements and government interventions. The Green Revolution, in particular, played a crucial role in increasing food grain production by three times, demonstrating the importance of science and technology in the growth of agriculture. Today, India. The agricultural sector in India...   Read More

Could a continental consensus work as Africa’s ultimate bargaining chip?  In the heart of Africa’s economic crucible, a seismic shift is underway. The continent’s leaders, weary of a global public and private financial architecture that has long failed them, are now wielding their collective voice as a potent weapon. As the world grapples with crises...   Read More

Investor education is crucial for enhancing financial well-being. Enhanced opportunities and increased volatility, calls for fresh financial literacy efforts, as traditional programs may no longer suffice. The curriculum needs updation to cover digital literacy, new investment risks, evolving financial structures, and governmental measures for investor protection and fraud prevention. While progress has been made in...   Read More

EPFO envisions achieving global standards in social security by 2047 through strategic initiatives, transitioning from enforcement to facilitation. Digital India was launched in 2015 with a vision to transform India into a digitally empowered society. One of the many benefits of digitalisation is seen in the functioning as well as outreach of the Employees’ Provident...   Read More

With environmental consciousness gaining ground, reducing carbon footprint in the sector will be vital to attract tourists. The tourism sector is expected to play an integral role in Viksit Bharat preamble. The projections indicate that this sector is poised to generate employment for 137 million people and contribute an additional $250 billion to GDP by...   Read More

Amartya Sen acknowledges progress in combating 'son preference' in Haryana and UP, while emphasizing the need for innovative employer financing solutions to bridge the skills gap and empower millions of youngsters in the workforce. The skill ecosystem should be aligned with employer supply chains through three reforms to NEP-enabled degree apprentices (DAs). These reforms would...   Read More