Inclusive

Socially engaged art is inclusive, community-driven, and devoid of the traditional binaries associated with art.

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An Imbalanced Ecosystem

Vol. 54, Issue No. 45, 16 Nov, 2019

The rapid development of various institutions supporting company creation in India has the potential to generate economic growth, innovation, and economic development. However, this article shows that the start-up ecosystem has unevenly developed across cities and economic sectors, and has failed to empower the overall population, so far. Using a comprehensive database on start-ups retrieved from Tracxn, a business data and analytics company, the authors find that venture capital concentrates amongst graduates stemming from a handful of prestigious education institutes in India and abroad. The article analyses the role of entrepreneurship policies and argues for a shift of focus and resources towards the building of a more inclusive start-up ecosystem.

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From Jobless to Job-loss Growth

Vol. 54, Issue No. 44, 09 Nov, 2019

K P Kannan, G Raveendran

The unprecedented decline in the absolute number of workers in the Indian economy in recent times has been a subject of debate and a matter of public concern. A closer look at the data for the period 2011–12 and 2017–18 shows that it is the net result of a dynamic process of job creation and destruction. Those who have lost jobs are all with low education, that is, less than secondary level of education. From a gender perspective, rural women workers are the net losers. From a social point of view, the net losers belong to two groups: Muslims and Hindu Other Backward Classes. These are clear signs of rural India in distress with strong gender and social dimensions.