A new book by economists Santosh Mehrotra and Jajati Parida argues that India is squandering its demographic dividend even as the country's labour market slides deeper into crisis. In "India Out of Work: Rethinking India's Growth Story," released via Bloomsbury , the authors write that non-farm job creation has stalled at a time when it is most needed, and that the formal sector, which offers security and fair wages, remains stagnant.
One and a half years ago, I wrote a blog wondering whether merely hiding the promise of a bribe in India — not actually paying it — is a crime in the US. Citing a CNN report on the Adani case in the US, I quoted it to say that the US justice department had sought to indict Gautam Adani, his nephew Sagar Adani and others for "promising" more than $250 million in bribes to Indian government officials to secure solar energy contracts.