Home / Business / Economics / Interview with Kalpana Kochar IMG Chief Economist, South Asia on Indian Economy

Interview with Kalpana Kochar IMG Chief Economist, South Asia on Indian Economy

A very insightful interview with Kalpana Kochar, the Chief Economist for South Asia at the International Monetary Fund (IMF).  She tackles the employment schemes and also the abysmally low levels of nutrition in India.

Are job schemes, such as NREGA, are causing labour shortage ?

All I have are these anecdotes where everybody complains that they can’t get people to work in the farm. We don’t know the full extent of what is happening. I suppose it is true.

The other thing I hear is even though NREGA covers a smaller group of people, there is a spillover effect with others not wanting to go for work pushing up wages, or not wanting to go to work at lower wages. In terms of the scheme providing a security net for around 500million people, I think it is a good thing. It would be even better if it came with training and skilling people.

Do you think NREGA raises income and adds to inflation?

How do you argue with somebody who thinks it is wrong for people who didn’t have any money earlier to now have some disposable income? That can’t be wrong. That can only be a good thing. There is a lot of evidence that consumption is growing in rural areas. Problem is on the supply side.

via To sustain 8-9% growth, we need fresh set of reforms, feels IMF’s Kalpana Kochhar – Economic Times.

Get Drishtikone's Profound Fix

Subscribe to get our latest content by email.

Powered by ConvertKit
A heartfelt NAMASTE! We hope you are enjoying our direct, honest, well-researched posts on topics of immense importance for India and the world! We don't mince our words and don't write general wishy-washy stuff. We go to the heart of the issue and look it in the EYE! Write to me at desh.kapoor@gmail.com and let me know how we can improve!

About Desh Kapoor

The panache of a writer is proven by the creative pen he uses to transform the most mundane topic into a thrilling story. Desh - the author, critic and analyst uses the power of his pen to create thought-provoking pieces from ordinary topics of discussion. He writes on myriad interesting themes. Read the articles to know more about his views and "drishtikone".

Check Also


The Fall of American Democracy

shares In the recent US Presidential town-hall debate between Donald Trump and Hillary Clinton, the …

Leave a Reply

Be the First to Comment!

Notify of