-Scroll.in Quality of life seems to have more do with social factors in India than economic growth. In 2008, frustrated by the agitation against forcible land acquisition, Tata Motors announced it would exit West Bengal. The company chose to move its Nano car plant to Gujarat. The then chief minister Modi claimed that he made Tata’s entry hassle free, inviting Ratan Tata with an SMS. The incident underlined the gap between Bengal and...
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Shock treatment will not work in agriculture -Sarthi Acharya and Santosh Mehrotra
-The Hindu Post-1991, changes in industry caused a second de-industrialisation; the results in agriculture are likely to be no different Almost all sections of people including farmers agree that the Agricultural Produce Market Committee (APMC)-mandi policies for agricultural marketing, initiated in the 1960s for a few crops, have outlived their utility and the system needs a new policy in the face of the agricultural sector’s growth slowdown, the crop-composition not widening, and...
More »India’s economy in 2020: Year of many questions -Anil Sasi
-The Indian Express India's economy in 2020: As Annus Horribilis 2020 comes to an end, there are positives in the economy: signs of a GDP rebound, and buoyant equity markets. But demand is weak, receipts are down, and the employment situation is grim. All eyes are on the Budget — and on the vaccines In a little over a month, Finance Minister Nirmala Sitharaman will present what she has heralded as “a...
More »The Indian economic recovery seems led by profits, not wages -Niranjan Rajadhyaksha
-Livemint.com Such a recovery will be stress-tested in an economy with excess capacity. That is why wages matter The first estimates of economic growth in the September quarter indicate that India’s ongoing recovery has been better than expected. This is a good time to resurrect a question this column had raised in August: Will the economic recovery be led by profits or wages? The answer matters because it has implications for aggregate...
More »Rajiv Khandelwal, co-founder and director, and Divya Varma, programme manager, policy and partnerships, of Aajeevika Bureau, interviewed by Civil Society News
-CivilSocietyOnline.com When millions of workers literally burst on to the scene during the sudden lockdown in India, the entire country was shocked by how vulnerable they seemed. They didn’t have housing, savings, healthcare and rights as employees. In their large numbers, they accounted for the majority of the workforce and yet there was no one to speak for them. The lockdown was expected to be a watershed moment because of this unsettling...
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