The need and centrality of R&D investment in the growth march of a country
Nations grow at differing speeds and varied reasons are assigned as causal factors for the different growth potentials displayed by them; as measured by the Gross Domestic Product (GDP) metric. What drives this growth is a question which has intrigued both theorists and developmental researchers. Can growth solely be determined by capital accumulation or with a growth of the labour force or does technological progress also contribute to it? GDP measures the total value of all the goods produced.. https://economictimes.indiatimes.com/news/economy/policy/the-need-and-centrality-of-rd-investment-in-the-growth-march-of-a-country/articleshow/86834194.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst.
R&D ecosystem of OECD countries: Lessons for the Indian economy
The two world wars, the cold war which followed and the side of the iron curtain the participating countries fell, have largely defined the two major R&D ecosystems observable today. The western block with its free market economic model was able to seamlessly pass the baton to the private sector and what followed was a thriving ecosystem dominated by the private firms. The countries on the eastern side of the curtain witnessed a government run and dominated R&D investment regime with the .. https://economictimes.indiatimes.com/news/economy/policy/rd-ecosystem-of-oecd-countries-what-can-we-learn/articleshow/87296176.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
JOBLESS BY CHOICE OR BY STRUCTURE? SOCIAL INEQUALITIES AND EXCLUSIONS THROUGH HIGHER EDUCATION IN INDIA
There are inequalities pertaining to class, caste, gender, religion, culture, creed and ethnicity that shape the educational fabric of the globe. These inequalities further ingrain themselves in the system of educational institutions and result in exclusions and exclusionary practices in education. These practices further amalgamate to job market exclusions such that some individuals hold a better scope at getting jobs and some do not. Indian society follows a pseudo- capitalistic order in the job market which takes up individuals depending upon the requirements and on the basis of what more they have to offer in comparison to others in the job market competition. Added to this, the basic idea that is found lingering in the minds of Indian youth is that higher education opens up scope for better job opportunities.. https://sevhage.files.wordpress.com/2021/04/education-and-development-3.0-2.pdf
A SMALL SCALE ROUTE TO IMPROVING JOBS, INVESTMENT & PRODUCTIVITY IN TELANGANA
When it comes to investment decisions, both public economics and political economy deem it prudent to target job generation on a large scale combined with an improvement in overall productivity. Cottage/ Small Scale Industries provide us with an opportunity to cater to both
these needs together. Still the data in the Indian context suggests an altogether reverse trend.