-Newsclick.in Joblessness is zooming, inflation is at six-year high led by food inflation, exports are down further, industrial production is stagnant and investment is at a standstill. In the last six months or so, the Modi government has supposedly been paying close attention to the sinking economy, with a flurry of meetings, announcements of freebies to corporates, fervent assurances to markets and budget shenanigans to supposedly keep the deficit in check and...
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A brief exercise in not taking the Economic Survey 2020 seriously -S Subramanian
-TheWire.in This survey was about wealth and entrepreneurship and Free Markets and privatisation, not about poverty or inequality or public employment schemes. This is a quick summary review of the latest Economic Survey (2019-20). I have to admit that this quickly-written assessment is a product of an equally quickly-read Survey. If I have not quite pored over it, it is because I found no evidence in the Survey to suggest that it...
More »Budgetary allocations to agricultural and rural sector is meagre, alleges ASHA
-Press release by Alliance for Sustainable & Holistic Agriculture (ASHA) dated 1st February, 2020 New Delhi, February 1st 2020: A thorough analysis of the Budget shows that even though the Budget speech spoke much about Agriculture and Rural sector and a 16-point program, the allocations for the Rural Economy were in fact slashed in this Budget compared to previous year. The Budget allocation for Agriculture, Allied sectors and Irrigation in 2020-21...
More »Fingers burnt in FTAs, India now stays out of RCEP -Puja Mehra
-Livemint.com * RCEP negotiations started in 2013 but acquired fresh impetus after the rise of protectionism globally that saw the US pulling out of the Trans-Pacific Partnership * India has seen its trade deficit with most countries rising manifold after an FTA was operationalized India on Monday decided against joining The Regional Comprehensive Economic Partnership (RCEP), a trade pact that has been spearheaded by China with the 10-nation Asean and four others. Mint...
More »Farmers' Movements call for protests across the country on October 24, 2019 against RCEP Free Trade Agreement
-Press release by Alliance for Sustainable & Holistic Agriculture (ASHA) dated 6 October, 2019 Farmers’ movements are inviting all citizens, social organisations and people’s movements of India to hold protests all over the country on the 24th of October 2019, against the Regional Comprehensive Economic Partnership (RCEP) Free Trade Agreement. The Indian government is negotiating RCEP with 15 other countries including ASEAN countries along with large industrial economies like China, Japan, South...
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