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Demonetisation: How the cash crisis can be used to tame rural commercial capital -Pravesh Sharma

-The Indian Express These enterprises — whom she broadly categorises as ‘rural commercial capital’ — enjoy privileged access to formal credit networks. In her insightful study of the working of agricultural markets in West Bengal, British development studies scholar Barbara Harris-White has documented in detail how trade in farm produce is controlled through a web of rural and semi-urban agro commercial enterprises. These enterprises — whom she broadly categorises as ‘rural commercial capital’...

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Still seriously hungry and poor -Amit Kapoor & Sankalp Sharma

-The Hindu Economic growth alone is not enough to achieve key Sustainable Development Goals. It must translate into jobs for the poor and marginalised India is the fastest growing large economy in the world today. Despite this, one in every five Indians is poor. Multilateral agencies as well as governments are playing an active role in understanding problems relating to poverty and hunger and finding solutions to them. But these challenges are...

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Reducing inequality essential to end extreme poverty by 2030: World Bank

-Down to Earth A new report by the World Bank finds that extreme poverty is falling globally A new World Bank study on poverty and shared prosperity says that extreme poverty continues to fall worldwide despite the lethargic state of the global economy. However, the report warns that given projected growth trends, reducing high inequality may be necessary for reaching the goal of ending extreme poverty by 2030. In 60 out of the...

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Reaping distress -Jayati Ghosh

-Frontline The inability to resolve pressing problems with respect to the production, distribution and availability of food is one of the important failures of the entire economic reform process. IN the fateful month of July 1991, when the devaluation of the Indian rupee presaged the introduction of a whole series of liberalising economic reforms, agriculture was very far from the minds of most policymakers and commentators. The immediate focus was on...

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Oxford's Joshi proposes basic income for all -Ishan Bakshi

-Business Standard This policy involves providing products and services such as electricity and fertilisers at below-market prices New Delhi: While much of public discourse in India has tended to focus on expanding the current subsidy regime to help the poor, Vijay Joshi, economist at Oxford University, advocates shifting to a universal basic income, replacing all government subsidies with a single cash transfer to all citizens, providing them with a basic income guarantee. At...

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