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What the Budget can do to support farming, in five charts -Arjun Srinivas

-Livemint.com/ HowIndiaLives.com Even as it presses for market reforms in agriculture, the Centre has been actively using the basket of schemes wholly funded by it to widen the social security net for farmers. Expect that to continue in the coming Budget In 2016, the BJP-led government set itself the target to double farmers’ incomes by 2022. An inter-ministerial committee set up to recommend strategies to meet this target highlighted seven sources of...

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EWS: Govt panel favours retaining Rs 8 lakh income cut -Basant Kumar Mohanty

-The Telegraph 'Retain the norm that excludes families owning five acres or more of agriculture land' A panel appointed by the central government to review the income cut-off for the Economically Weaker Sections quota after the Supreme Court questioned the existing figure favours retaining it at Rs 8 lakh, sources have said. The three-member committee’s report has been submitted to the apex court, with its contents yet to be made public. The sources...

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The under-nutrition problem in Bundelkhand should receive equal attention of the policymakers, if not more

Recent media reports point out that the Bundelkhand region of Uttar Pradesh is likely to get about Rs. 6,300 crore projects ahead of the upcoming Uttar Pradesh assembly polls, including a Rs. 400 crore worth plant for the propulsion system of anti-tank guided missiles in Jhansi. The foundation was laid for the first project in the Jhansi node (related to the Uttar Pradesh Defence Industrial Corridor) on November 18, 2021. The two...

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How the Code on Wages ‘legalises’ bonded labour -Soumya Sivakumar

-The Hindu It allows employers to extend unlimited advances to workers and charge an unspecified interest rate on such loans Debt bondage is a form of slavery that exists when a worker is induced to accept advances on wages, of a size, or at a level of interest, such that the advance will never be repaid. One of India’s hastily-passed Labour Codes — the Code on Wages, 2019 — gives legal sanction...

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Three economic fault lines will determine India’s trajectory over the next decade -Deepanshu Mohan

-Scroll.in It is essential for policy makers to understand the crises created by widening income inequalities and labour market ruptures. In the context of the current global macro-economic situation, there are three deep currents for the Indian government to be aware of. How it understands and responds to these challenges will shape the country’s socio-economic trajectory over the next few years. The first undercurrent: the deepening of income and wealth inequalities. Second: a...

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