Abstract- This article analyses relationships between the implementation of state-level industrial policies in India and manufacturing sector economic performance (employment and gross value added), utilising data from the Annual Survey of Industries conducted by the Government of India. I employ panel data fixed-effects regression models to evaluate the associations between the industrial policy and state-industry specific performance over the 2007-08 to 2014-15 period, incorporating potential effects of the state government's political alignment, infrastructure provision and educational expenditure in the state. The results provide evidence of a positive correlation between industrial policy implementation and firm output and employment, by around 12.6 - 14 per cent. However, subsequent introductions of an industrial policy are negatively associated with employment and are uncorrelated with industrial GVA. This analysis has implications for economic policy in light of the Central Government's plans to implement a revised industrial policy at the national scale.
Abstract- This paper utilizes a large cross-section of data sets such as the ILOSTAT, NSSO Quinquennial Employment and Unemployment Survey, Labour Bureau Annual Employment and Unemployment Survey, National Family Health Survey and CMIE Consumer Pyramid Household Survey to comment on the falling female labour force participation rates in India. It is found that not only has there been a fall in the female labour force participation rates, but the size of the total female labour force has also shrunk in recent years. Besides presenting a series of demand and supply side factors that might possibly explain this trend, it aims to look at it particularly in conjunction with education and provide a commentary on the same. It is proposed that prevailing social norms and patriarchy hinders the participation of women in the economy despite high levels of education. Bivariate and multivariate analyses is conducted on state level cross-sectional data and it is found that patriarchy is indicative of the large proportion of women out of the labour force at high levels of education. It is concluded that education in the current form alone might not be sufficient to spur growth in female labour force participation rates in India. Government schemes must target the fundamental cultural and social forces that shape patriarchy. These coupled with policies that simultaneously address some of the other demand and supply side constraints will go a long way in bolstering the participation of women in the economy.
Abstract- This paper examines the impact of climate shocks, measured as temperature and precipitation variability, on monthly per capita consumption expenditure of Indian households over the 1988-2012 period, utilising data from NSSO's Consumer Expenditure Surveys. The regression results show an increase in consumption by 1.2 per cent on average in response to a one standard deviation rise in temperature, with heterogeneous impacts across economic sectors. While agricultural and industrial households experience consumption declines of 3.8 per cent and 6.5 per cent on average, service sector households exhibit consumption increases by 3 per cent on average, in response to a one standard deviation rise in temperature. The analysis suggests an increase in inequality of consumption across sectors due to climate shocks, with implications for climate policy and sustainable development.