Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

                trigger_error($message, E_USER_WARNING);

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        Interviews | Prabhat Patnaik, eminent economist and professor emeritus at Jawaharlal Nehru University, interviewed by Subhoranjan Dasgupta (The Telegraph)    </title>
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&lsquo;Farmers at mercy of corporates, food security threatened&rsquo;

Eminent economist, professor emeritus at Jawaharlal Nehru University and activist Prabhat Patnaik traces the downward and dangerous slide of the Indian economy, from the demonetisation to the new farm bills.

* The first..."/>
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&lsquo;Farmers at mercy of corporates, food security threatened&rsquo;

Eminent economist, professor emeritus at Jawaharlal Nehru University and activist Prabhat Patnaik traces the downward and dangerous slide of the Indian economy, from the demonetisation to the new farm bills.

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                            <p style="text-align:justify">-The Telegraph</p><p style="text-align:justify"><em>&lsquo;Farmers at mercy of corporates, food security threatened&rsquo;</em></p><p style="text-align:justify">Eminent economist, professor emeritus at Jawaharlal Nehru University and activist Prabhat Patnaik traces the downward and dangerous slide of the Indian economy, from the demonetisation to the new farm bills.</p><p style="text-align:justify"><em>* The first onslaught was in the form of the demonetisation. While Amartya Sen termed this step &ldquo;despotic&rdquo;, Narendra Modi gushed that there would be no black money after the demonetisation. In the process, more than 100 aged people died of heat standing in long queues. How has the demonetisation helped or hindered the common people?</em></p><p style="text-align:justify">The demonetisation brought immediate pain to millions. But apart from its immediate effects, it also left a lasting, long-term legacy that has undermined the viability of the informal sector, including peasant agriculture, which accounts for 85 per cent of employment and 45 per cent of the output in the Indian economy. Unable to sell the output for immediate cash, this sector incurred much greater debt, which has become a millstone around its neck.</p><p style="text-align:justify">It was also utterly pointless. It revealed the Modi government&rsquo;s ignorance of economics and its penchant for &ldquo;shock and awe&rdquo;. The government believed, as in Bollywood movies, that &ldquo;black money&rdquo; is just cash stuffed into pillowcases or mattresses that could be simply disabled.</p><p style="text-align:justify">But &ldquo;black money&rdquo; is not a stock of money lying around. It lubricates activities generating employment, output and incomes. These are like normal activities, but illegal. If perchance a cash shortage arises in the &ldquo;black economy&rdquo; it will suck out cash from the legal economy but will not fold up. So a demonetisation is no way of tackling the &ldquo;black economy&rdquo;.</p><p style="text-align:justify">Please <a href="https://www.telegraphindia.com/india/demonetisation-to-gst-to-farm-bills-indian-economys-dangerous-slide/cid/1798256?fbclid=IwAR3ogtbgByuD5NPu5dGDduNAA7Z2snsq4kATiL9lOcUKvsYVVl0xnIdvOyY#.X7uiWN4lTN8.facebook" title="https://www.telegraphindia.com/india/demonetisation-to-gst-to-farm-bills-indian-economys-dangerous-slide/cid/1798256?fbclid=IwAR3ogtbgByuD5NPu5dGDduNAA7Z2snsq4kATiL9lOcUKvsYVVl0xnIdvOyY#.X7uiWN4lTN8.facebook">click here</a> to read more.</p><p style="text-align:justify"><strong>Image Courtesy: The Telegraph</strong></p>                                                           
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&lsquo;Farmers at mercy of corporates, food security threatened&rsquo;

Eminent economist, professor emeritus at Jawaharlal Nehru University and activist Prabhat Patnaik traces the downward and dangerous slide of the Indian economy, from the demonetisation to the new farm bills.

* The first..."/>
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&lsquo;Farmers at mercy of corporates, food security threatened&rsquo;

Eminent economist, professor emeritus at Jawaharlal Nehru University and activist Prabhat Patnaik traces the downward and dangerous slide of the Indian economy, from the demonetisation to the new farm bills.

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                            <p style="text-align:justify">-The Telegraph</p><p style="text-align:justify"><em>&lsquo;Farmers at mercy of corporates, food security threatened&rsquo;</em></p><p style="text-align:justify">Eminent economist, professor emeritus at Jawaharlal Nehru University and activist Prabhat Patnaik traces the downward and dangerous slide of the Indian economy, from the demonetisation to the new farm bills.</p><p style="text-align:justify"><em>* The first onslaught was in the form of the demonetisation. While Amartya Sen termed this step &ldquo;despotic&rdquo;, Narendra Modi gushed that there would be no black money after the demonetisation. In the process, more than 100 aged people died of heat standing in long queues. How has the demonetisation helped or hindered the common people?</em></p><p style="text-align:justify">The demonetisation brought immediate pain to millions. But apart from its immediate effects, it also left a lasting, long-term legacy that has undermined the viability of the informal sector, including peasant agriculture, which accounts for 85 per cent of employment and 45 per cent of the output in the Indian economy. Unable to sell the output for immediate cash, this sector incurred much greater debt, which has become a millstone around its neck.</p><p style="text-align:justify">It was also utterly pointless. It revealed the Modi government&rsquo;s ignorance of economics and its penchant for &ldquo;shock and awe&rdquo;. The government believed, as in Bollywood movies, that &ldquo;black money&rdquo; is just cash stuffed into pillowcases or mattresses that could be simply disabled.</p><p style="text-align:justify">But &ldquo;black money&rdquo; is not a stock of money lying around. It lubricates activities generating employment, output and incomes. These are like normal activities, but illegal. If perchance a cash shortage arises in the &ldquo;black economy&rdquo; it will suck out cash from the legal economy but will not fold up. So a demonetisation is no way of tackling the &ldquo;black economy&rdquo;.</p><p style="text-align:justify">Please <a href="https://www.telegraphindia.com/india/demonetisation-to-gst-to-farm-bills-indian-economys-dangerous-slide/cid/1798256?fbclid=IwAR3ogtbgByuD5NPu5dGDduNAA7Z2snsq4kATiL9lOcUKvsYVVl0xnIdvOyY#.X7uiWN4lTN8.facebook" title="https://www.telegraphindia.com/india/demonetisation-to-gst-to-farm-bills-indian-economys-dangerous-slide/cid/1798256?fbclid=IwAR3ogtbgByuD5NPu5dGDduNAA7Z2snsq4kATiL9lOcUKvsYVVl0xnIdvOyY#.X7uiWN4lTN8.facebook">click here</a> to read more.</p><p style="text-align:justify"><strong>Image Courtesy: The Telegraph</strong></p>                                                           
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    <br><a href="https://www.telegraphindia.com/india/demonetisation-to-gst-to-farm-bills-indian-economys-dangerous-slide/cid/1798256?fbclid=IwAR3ogtbgByuD5NPu5dGDduNAA7Z2snsq4kATiL9lOcUKvsYVVl0xnIdvOyY#.X7uiWN4lTN8.facebook" class="re" target="_blank">The Telegraph, 23 November, 2020, https://www.telegraphindia.com/india/demonetisation-to-gst-to-farm-bills-indian-economys-dangerous-slide/cid/1798256?fbclid=IwAR3ogtbgByuD5NPu5dGDduNAA7Z2snsq4kATiL9lOcUKvsYVVl0xnIdvOyY#.X7uiWN4lTN8.facebook</a><div class="clear"></div>
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&lsquo;Farmers at mercy of corporates, food security threatened&rsquo;

Eminent economist, professor emeritus at Jawaharlal Nehru University and activist Prabhat Patnaik traces the downward and dangerous slide of the Indian economy, from the demonetisation to the new farm bills.

* The first..."/>
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&lsquo;Farmers at mercy of corporates, food security threatened&rsquo;

Eminent economist, professor emeritus at Jawaharlal Nehru University and activist Prabhat Patnaik traces the downward and dangerous slide of the Indian economy, from the demonetisation to the new farm bills.

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                            <p style="text-align:justify">-The Telegraph</p><p style="text-align:justify"><em>&lsquo;Farmers at mercy of corporates, food security threatened&rsquo;</em></p><p style="text-align:justify">Eminent economist, professor emeritus at Jawaharlal Nehru University and activist Prabhat Patnaik traces the downward and dangerous slide of the Indian economy, from the demonetisation to the new farm bills.</p><p style="text-align:justify"><em>* The first onslaught was in the form of the demonetisation. While Amartya Sen termed this step &ldquo;despotic&rdquo;, Narendra Modi gushed that there would be no black money after the demonetisation. In the process, more than 100 aged people died of heat standing in long queues. How has the demonetisation helped or hindered the common people?</em></p><p style="text-align:justify">The demonetisation brought immediate pain to millions. But apart from its immediate effects, it also left a lasting, long-term legacy that has undermined the viability of the informal sector, including peasant agriculture, which accounts for 85 per cent of employment and 45 per cent of the output in the Indian economy. Unable to sell the output for immediate cash, this sector incurred much greater debt, which has become a millstone around its neck.</p><p style="text-align:justify">It was also utterly pointless. It revealed the Modi government&rsquo;s ignorance of economics and its penchant for &ldquo;shock and awe&rdquo;. The government believed, as in Bollywood movies, that &ldquo;black money&rdquo; is just cash stuffed into pillowcases or mattresses that could be simply disabled.</p><p style="text-align:justify">But &ldquo;black money&rdquo; is not a stock of money lying around. It lubricates activities generating employment, output and incomes. These are like normal activities, but illegal. If perchance a cash shortage arises in the &ldquo;black economy&rdquo; it will suck out cash from the legal economy but will not fold up. So a demonetisation is no way of tackling the &ldquo;black economy&rdquo;.</p><p style="text-align:justify">Please <a href="https://www.telegraphindia.com/india/demonetisation-to-gst-to-farm-bills-indian-economys-dangerous-slide/cid/1798256?fbclid=IwAR3ogtbgByuD5NPu5dGDduNAA7Z2snsq4kATiL9lOcUKvsYVVl0xnIdvOyY#.X7uiWN4lTN8.facebook" title="https://www.telegraphindia.com/india/demonetisation-to-gst-to-farm-bills-indian-economys-dangerous-slide/cid/1798256?fbclid=IwAR3ogtbgByuD5NPu5dGDduNAA7Z2snsq4kATiL9lOcUKvsYVVl0xnIdvOyY#.X7uiWN4lTN8.facebook">click here</a> to read more.</p><p style="text-align:justify"><strong>Image Courtesy: The Telegraph</strong></p>                                                           
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Prabhat Patnaik, eminent economist and professor emeritus at Jawaharlal Nehru University, interviewed by Subhoranjan Dasgupta (The Telegraph)

Published on Nov 23, 2020   Modified on Nov 24, 2020

-The Telegraph ‘Farmers at mercy of corporates, food security threatened’ Eminent economist, professor emeritus at Jawaharlal Nehru University and activist Prabhat Patnaik traces the downward and dangerous slide of the Indian economy, from the demonetisation to the new farm bills. * The first onslaught was in the form of the demonetisation. While Amartya Sen termed this step “despotic”, Narendra Modi gushed that there would be no black money after the demonetisation. In the process, more than 100 aged people died of heat standing in long queues. How has the demonetisation helped or hindered the common people? The demonetisation brought immediate pain to millions. But apart from its immediate effects, it also left a lasting, long-term legacy that has undermined the viability of the informal sector, including peasant agriculture, which accounts for 85 per cent of employment and 45 per cent of the output in the Indian economy. Unable to sell the output for immediate cash, this sector incurred much greater debt, which has become a millstone around its neck. It was also utterly pointless. It revealed the Modi government’s ignorance of economics and its penchant for “shock and awe”. The government believed, as in Bollywood movies, that “black money” is just cash stuffed into pillowcases or mattresses that could be simply disabled. But “black money” is not a stock of money lying around. It lubricates activities generating employment, output and incomes. These are like normal activities, but illegal. If perchance a cash shortage arises in the “black economy” it will suck out cash from the legal economy but will not fold up. So a demonetisation is no way of tackling the “black economy”. Please click here to read more. Image Courtesy: The Telegraph

The Telegraph, 23 November, 2020, https://www.telegraphindia.com/india/demonetisation-to-gst-to-farm-bills-indian-economys-dangerous-slide/cid/1798256?fbclid=IwAR3ogtbgByuD5NPu5dGDduNAA7Z2snsq4kATiL9lOcUKvsYVVl0xnIdvOyY#.X7uiWN4lTN8.facebook

Tagged with: Demonetisation Note Ban Prabhat Patnaik Black Money Informal Sector Informal Economy Informal Workers GST Goods and Services Tax Farm Laws Farm Bills Minimum Support Prices MSP APMCs APMC Mandis International Labour Organisation ILO

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• Big industries don’t observe uniform labour standards in India: Bharatiya Mazdoor Sangh at ILO meet -AM Jigeesh

 

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