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The awkward myth of a revival in the country’s rural economy -Himanshu

-Livemint.com Low incomes and poor farm-gate prices capture the reality of relentless distress in our hinterland National accounts data released last month estimated that the economy has contracted by 7.5% in the second quarter of 2020-21 compared to last year. For many, this was a sign of recovery, given expectations that India’s gross domestic product (GDP) would contract by around 10%. It is, no doubt, an improvement from the 23.9% GDP decline...

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Farmers’ concern: Will lose land to corporates because of the new laws -Sukrita Baruah , Raakhi Jagga , Amil Bhatnagar and Harish Damodaran

-The Indian Express With farmers rejecting the government’s offer and deciding to continue their protest against the farm laws, The Sunday Express meets some of the farmers camping at Delhi’s borders, and visits their families and farms back home, to find a shared concern — a sense of despair over falling crop prices. Kurukshetra, Ludhiana, Moga, New Delhi, Patiala: Many countries experiencing rapid growth and rising prosperity, which may even be over...

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Study points towards hunger and destitution amidst hope for a V-shaped economic recovery

Preliminary findings of a survey among 3,994 respondents from 11 states reveal that most vulnerable households and communities, such as SCs, STs, OBCs, PVTGs, slum dwellers, daily wage labourers, farmers, single women headed households, etc. continue to witness depressed incomes during September-October in comparison to their income levels prior to the lockdown. The face-to-face survey conducted by the Right to Food Campaign and Center for Equity Studies (instead of telephonic...

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70% of reverse migrants want to go back to cities -Prashant K. Nanda

-Livemint.com Government data claims that more than 10 million people went home after the lockdown, although experts and civil society groups say the number is much larger. Migrants who went home during the lockdown saw their incomes drop by as much as 94% and an overwhelming majority of them are ready to return to the cities, a survey by a team of retired government officers and academics found. The survey on covid’s impact...

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Three Farm Bills and India’s Rural Economy -Vijay Jawandhiya and Ajay Dandekar

-TheWire.in With low levels of farmers' income and a lack of assured price mechanism, what impact will the three farm bills have in the long term on India's agrarian economy. Here's an analysis. Last week, the Union government passed three bills to replace the three ordinances that were enacted during the COVID-19 lockdown. These three bills, expected to bring revolutionary changes to agrarian context and help double farmers’ incomes are: The Farmers’...

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