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Maitreesh Ghatak
Articles by Maitreesh Ghatak

Debating inequalities in the backdrop of elections

The big question is whether the benefits of the growth process are indeed spreading to all classes of people

The Left sees economic inequality as inherently undesirable. The Right argues that economic inequality is inevitable just like inequality in other dimensions, such as intelligence and ability, and should be accepted although both sides tend to agree that absolute poverty or deprivation is undesirable. (AP)
Published on Apr 27, 2024 10:02 PM IST

The rise of the affluent is the real India growth story

The supply and demand game has to grow beyond this segment of the population so that the economy does not stagnate in the near future

The combination of a large population and a high rate of growth of per capita GDP consistently over several decades is behind India’s improvement in the GDP ranking(Representative image)
Published on Feb 29, 2024 10:00 PM IST

A pioneer of modern economics passes away

Robert Lucas was a restless, fiercely intellectual scholar who brought rigour and profound insights into any problem he studied

Professor Robert E Lucas (L) from the University of Chicago receives the Nobel economics prize from Swedens King Carl XVI Gustaf during the Nobel Prize ceremony in Stockholm Concert hall December 10 (Reuters)
Updated on May 16, 2023 08:10 PM IST

A simple, realistic, solution to the paywall maze

Indian, as well as global news media, has been experiencing a crisis in the digital era. It is time to think about alternative revenue models. Here's a way

Is there a way to reduce the hassle cost for newspaper readers without adversely affecting the subscription revenue flow? (Shutterstock)
Updated on May 27, 2022 07:03 PM IST

The story of Bengal’s economy

Income and urban expenditure grew at below the national average. But rural expenditure grew faster, and there is a sharper dip in poverty levels

A man walks past a labourer resting on a handcart in a closed wholesale market amid a lockdown in Kolkata last year. (File photo)
Published on Apr 15, 2021 12:54 PM IST
ByMaitreesh Ghatak

India’s true self-reliant entrepreneurs

The lockdown showed how migrant workers, let down by the State, community and market, are the nation’s most valuable resource

Millions of Indians, who take risks and travel far, looking for work are not called entrepreneurs but only “migrant workers”. They are part of the group of informal workers and are key in keeping the economy growing (Ajay Aggarwal /HT PHOTO)
Published on Mar 24, 2021 07:07 PM IST
ByMaitreesh Ghatak and Mukulika Banerjee

The lack of mobility hinders the India story

How to facilitate mobility, where your birth doesn’t determine your education and occupation, is India’s core economic challenge

Even though average levels of income and educational outcomes have improved following economic liberalisation, mobility remains low overall(REUTERS)
Updated on Oct 09, 2020 06:10 PM IST
ByMaitreesh Ghatak

A blueprint to protect labour rights without constraining capital | Opinion

Take into account State capacity, new economic realities, and the informality of the labour markets

Disempowering labour through poorly conceptualised reforms will only exacerbate other economic and governance challenges. The growth-versus-labour rights binary is false(PTI)
Updated on Jul 03, 2020 08:07 PM IST
ByYamini Aiyar and Maitreesh Ghatak

The indispensability of labour in reviving India’s economic engine | Opinion

To enable their return to cities, improve wages, living conditions, safety net. Coercion won’t work

Research on migration shows there is significant under-migration compared to potential labour supply from rural areas, due to risk aversion. This will increase, for villagers can sustain themselves and rely on informal safety nets and social networks(Parveen Kumar/HT)
Updated on May 08, 2020 08:09 PM IST
ByMaitreesh Ghatak

The crumbling of India’s economy

Economic relationships, supply and demand will be hit severely. Go in for direct income transfer

A railway employee talks on the phone inside an empty train compartment after railway services were shutdown by the authorities to limit the spread of the coronavirus disease (COVID-19) in Mumbai, March 23, 2020(REUTERS)
Published on Mar 24, 2020 04:57 PM IST
ByMaitreesh Ghatak

Growth is not a victim of the UPA, it is the other way round

It is said that UPA faces voter wrath because it destroyed growth. If you look at data for the last 10 years, and compare with figures from the NDA days, you may be in for a surprise, write Maitreesh Ghatak and Parikshit Ghosh.

HT Image
Updated on Apr 03, 2014 08:01 PM IST
ByMaitreesh Ghatak and Parikshit Ghosh

Land on one's sq feet

The draft Land Acquisition Bill looks at land in terms of price, not value. Auctioning could take care of this skewed view. Maitreesh Ghatak and Parikshit Ghosh write.

HT Image
Updated on Sep 21, 2011 10:06 PM IST
None | ByMaitreesh Ghatak and Parikshit Ghosh
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