"I can't go back to yesterday - because I was a
different person then."
— Lewis
Carroll (English, 1832-1898)
Word for the day
Ataraxia (n)
A state of freedom from emotional disturbance and anxiety; tranquility
Malice towards none
Dear Rahul Gandhi Ji,
I agree with your criticism of government for failing to
deliver adequately on job creation front.
Will you please suggest two specific steps that the
government should take to create adequate number of jobs for our youth.
Best Regards
First random thought this morning
A few weeks ago, I said "these days opposition parties should
be very careful in what they ask from PM Modi. He may actually grant their
wishes".
First PM was attacked for not focusing enough on Black Money. He
obliged by abolishing 86% of currency in circulation.
Then people said, why is he silent on anonymous donations to
political parties. He has obliged by restricting cash donations to Rs2000/per
donor.
He was accused of letting Vijay Malaya slip out of country. He's
produced documentary evidence of UPA government's benevolent stance on him, and
strengthening the law for confiscation of fugitive's properties in India.
Congress and AAP strategists must now be scratching their heads,
how to attack him without actually seeking any action.
Whats good for China, need necessarily not be good for us too
The economic
survey presented a couple of days back presented some evidence about the trends
in labor migration in the country. While most of us anecdotally knew these
trends, it is good to see that the policy makers are also realizing, though
might be still not in right perspective.
Firstly, the approach seems to be consider the migration
inevitable and desirable for economic growth. Accepting the American model of
growth, as adopted by China, as a role model, the Survey reads:
"12.1 On Chinese New Year, a staggering 277 million
migrants1– about 25 percent of the workforce – board trains to return home. In
China, high economic growth rates have been accompanied by mass migration from
the rural hinterlands to urban hotspots, mainly along the coast.
12.2 Historically, migration of people for work and education
has been a phenomenon that accompanies the structural transformation of
economies, and has paved the way for the release of “surplus labour” from
relatively low-productive agricultural activities to sectors enjoying higher
productivity. The resulting remittance flows increase household spending in the
receiving regions and further the economic development of less-developed
regions."
The Survey finds that "India is increasingly on the move –
and so are Indians. A new Cohort based Migration Metric3(CMM)—shows that
annually inter-state labour mobility averaged 5-6 million people between 2001
and 2011, yielding an inter-state migrant population of about 60 million and an
inter-district migration as high as 80 million. The first-ever estimates of
internal work-related migration using railways data for the period 2011-2016
indicate an annual average flow of close to 9 million people between the
states."
The data suggests that between 1991 and 2001 the growth rates of
the workforce and migrants for economic reasons were nearly identical, at 2.4
per cent per annum. But as GDP growth started to soar over the next decade, the
two began to diverge. The growth rate of migrants rose spectacularly to 4.5 per
cent per annum, while the workforce growth rate actually fell. Thus, the
migrants’ share of the workforce rose substantially.
More interestingly, in the 2000s the picture turned around
completely: female migration for work not only grew far more rapidly than the
female workforce, but increased at nearly twice the rate of male migration.
Unsurprisingly, relatively less developed states such as Bihar and
Uttar Pradesh have high net outmigration. Relatively more developed states like
Goa, Delhi, Maharashtra, Gujarat, Tamil Nadu, Kerala and Karnataka. take net in
migration.
The largest recipient was the Delhi region, which accounted for
more than half of migration in 2015-16, while Uttar Pradesh and Bihar taken
together account for half of total out-migrants.
Surprisingly, flows from Gujarat to Tamil Nadu are about 7 lakhs
annually.
...to continue
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