ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Articles by Rima MondalSubscribe to Rima Mondal

Jobless Growth in the Informal Sector

When capital is accumulated in the labour-intensive informal sector, then the economy witnesses growth, stagnant employment in the formal sector, persistent unemployment and wage gap between formal and informal sector. Whereas investment in the capital-intensive formal sector leads to increase in unemployment during the initial phases of growth, however, if investments are continued, then full-employment conditions with closure of the wage gap are observed. Growth accounting exercise for the “establishment” and “own account enterprises” for the informal sector in India revealed that capital is more responsive in “establishments.” Also, subsidised capital in the formal sector will lead to full-employment conditions with closure of the wage gap.

Evaluation of Land Pooling Policy in Delhi

Institutional innovations in land development and planning like public–private partnerships, negotiable developer obligations, and flexible zoning regulations have taken centre stage in policy discussions. Given this, an unprecedented large-scale land pooling policy has been enacted in Delhi to facilitate planning and development by making landowners partners in development. The policy is proposed to be implemented in land pooling zones by sector-based planning. Although the policy proposes a paradigm shift in its approach by empowering private sector and landowners, rigidity in land use distribution and development control regulations at the sector level make implementation difficult. The development of city-level commercial and public/semi-public facilities is difficult in the sector sizes proposed by the Delhi Development Authority. Alternatives would be the optimisation of “developable area” in sectors and making land use regulations and development control norms open to negotiations with private developers or landowners.

 

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