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Maitreesh Ghatak

London
As seen in: MSN India, The New York Times, The Economic Times, The Guardian, The Times of India, Hindustan Times, NDTV, The Indian Express, CNN-News18, The Hindu and
LSE Economics Professor. Essayist. Views personal. Debate & discussion welcome. Trolls muted, abusers blocked.
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Articles

Labour Market Trends and Migration Patterns in West Bengal

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By Maitreesh Ghatak, Tamoghna Halder
| Economic and Political Weekly Verified
West Bengal presents a puzzle in India’s labour market and migration landscape. Its employment rate exceeds the national average, yet this growth has been driven by a rising, market-facing informal sector with falling real earnings. Using data from the e-Shram registry as well as from the Periodic Labour Force Surveys, this paper examines how this labour market pattern shapes migration into and out of the state.
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West Bengal’s Relative Economic Trajectory

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By Tanika Chakraborty, Maitreesh Ghatak, Prateet Jain
| Economic and Political Weekly Verified
A Long-run Perspective West Bengal’s economy is often described as one in steep decline. Using state-level data from 1961 to 2024, this paper shows that this depends on how performance is measured: nominal per capita net state domestic product fell relative to the rest of India, but this disappears after accounting for state-specific inflation, with real per capita NSDP matching the national average.
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Of service to the state: Bengal should prioritise high-skill services, sidestep constraints that make manufacturing difficult

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By Maitreesh Ghatak
| MSN India Verified
Maitreesh Ghatak and Tanika Chakraborty London/New York: Last week's West Bengal budget, the new BJP government's first, puts industrial revival back at the centre of the state's economic debate. The priority is clear: generating productive employment. The disagreement is about how to get there. A common assumption is that the route runs through manufacturing. Global trends, and conditions specific to India and to Bengal, make it worth asking whether that is the right path to lead with.
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