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Charting the economic journey ahead -C Rangarajan

-The Hindu India has no choice but to grow fast, given the present level of per capita income The big question before India is where its economy will be 25 years from now. By 2047, India will complete 100 years after Independence. By that time, will India achieve the status of a developed economy, which means achieving a minimum per capita income equivalent to $13,000? We also need to know what the...

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WB: Handloom Weavers Transforming Into Migrant Workers as the Art Faces Extinction in Shantipur -Sandip Chakraborty

-Newsclick.in Weavers' cooperatives struggling due to lack of orders from two state govt. owned retailing units along with other factors Kolkata:  The famous   “khat-khat- khat “  sound that comes from a traditional handloom weavers hut is becoming fainter in Shantipur of Nadia district about 100 kilometres from the state Capital of Kolkata. Shantipur is known for its weaving skills and traditional weavers producing Shantipur sarees which are high in demand in...

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Vicious cycle -Prabhat Patnaik

-The Telegraph A system without any steering control An essential characteristic of modern capitalism is that the living conditions of millions of people are determined by the whims and caprices of a handful of financial speculators; indeed, that is what ‘leaving things to the market’ really entails. Consider what is happening in India today. There is a massive outflow of finance from the country because of which the rupee is depreciating  vis-à-vis...

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Poverty eradication India’s biggest challenge -Bharat H Desai

-The Tribune Armed conflicts afflicting many parts of the world have taken a huge toll on global poverty eradication programmes, humanitarian assistance and relief provided by the aid agencies. Multilateral development banks and large aid agencies need to play enhanced roles in providing funds to eradicate multidimensional poverty. India needs to hold more vigorous drives to achieve the first of the 17 Sustainable Development Goals — to end all forms of...

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Effort on to end job cash freeze -Pranesh Sarkar

-The Telegraph Have assured Giriraj of transparency, says Bengal minister Calcutta: Bengal panchayat minister Pradip Majumdar has said that he assured his Union counterpart Giriraj Singh that enough initiatives had been taken in Bengal to ensure the 100 days’ job scheme has transparency while urging him to release funds under the scheme soon. “The Union minister told me the Centre wants transparency in the implementation of the scheme. I assured him that enough...

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