Kaushik Basu, the C. Marks Professor of International Studies, writes in this op-ed in The New York Times that despite India's attempts to mislead and hide unemployment data, the truth is that the country is in an unemployment crisis.
He writes: "According to data released by the Labour Bureau, a wing of the Ministry of Labour and Employment, unemployment in 2013-14 was 4.9 percent. But an undisclosed study by the National Sample Survey Office (NSSO), a government agency that conducts large-scale research, has reportedly placed the figure for 2017-18 at 6.1 percent — a 45-year high."
In the op-ed, Basu explores the structural reasons that explain why the data relased by the Ministry of Labour and Employment does not jive with other data, and suggests how India has developed a system of misinformation.
Ryan Young/Cornell University
Semiconductors are at the core of the economy and national security. Their importance makes them a target. Sarah Kreps, director of the Tech Policy Institute in the Cornell Jeb E. Brooks School of Public Policy, discusses how Cornell is helping to keep the semiconductor supply chain safe.
A party in the Temple of Zeus for retiring Zeus manager, Lydia Dutton. Left to right: A.R. Ammons, Cecil Giscombe, Dutton, David Burak, Phyllis Janowitz, James McConkey and Tony Caputi.
