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

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The Future of Inclusive Growth

In India, equitable growth can be achieved by following agriculture-led economic growth and preventing leakages in the economy that constrain the benefi ts of growth from reaching the low-income people.

New Labour Codes and Implications for Women Workers

The union government has enacted four new codes amalgamating existing 29 labour legislations, and presently is in the process of finalising the rules. This paper examines the probable impact of such changes on women workers, in the context of the declining female labour force participation rate in the last few decades. Labour laws need to be reframed in such a manner that they contain measures that facilitate greater female participation in the labour market. Broadly, the new codes have retained the provisions and added few, which may facilitate women’s participation. But there are areas of omission too, particularly in the informal sector, where the majority of women workers are employed. The analysis draws from feminist legal scholarship for a more nuanced understanding of the issue of legal protection beyond an economic rights perspective.

An Ex Ante Evaluation of Indo-Pacific Economic Framework

A general equilibrium framework (GTAP 10) and an environment energy variant of the general equilibrium model like the GTAP-E is used to analyse and read the possible economy-wide impacts of introducing the current administrative arrangement among the countries and also the future adoption of deeper integration policies among the 14 Indo-Pacifi c alliance members, namely the Indo-Pacifi c Economic Framework for Prosperity. The deeper integration policies go beyond the tariff and non-tariff liberalisation with freer movement of capital and skilled labour fl ows and concerted attempts made to promote input- and output-oriented innovations and technological progress in the region.

Burgeoning Edible Oil Imports and Price Shock(s)

The ever-increasing import bill of edible oil has become a chronic problem for India with edible oil being the third largest among imported goods in India, next only to crude oil and gold. There are structural issues in production, productivity, and trade of edible oils. These energy-rich crops are grown in energy-starved conditions where more than 70% of the area under cultivation is rain-fed and often cultivated with low-quality seeds in a fragmented landholding and outdated agri-management practices. It further studies the trade liberalisation measures of a liberal trade policy regime, lower import duties, duty-exemptions under free trade agreements, and changes that India has witnessed in consumption as well as retail of edible oil.

 

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