-The Tribune In India, there is a concerted campaign to discredit the arhtiya, building the case for bringing in agri-business companies. There is certainly a need to regulate the middlemen, but the American experience shows how the consolidation of the meat industry, leading to market concentration in the hands of a few companies, is making it difficult for livestock farmers to survive. WHILE Indian policy makers and economists haven’t drawn any lessons...
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How the Rise of Global Inflation Will Play Out in Indian Politics -MK Venu
-TheWire.in Today, fuel prices are at an all-time high. Once the genie of inflation is out of the bottle, as it does once in a decade or so, no amount of narrative spinning by the Modi government will work. This year is likely to herald the return of global inflation in ways not seen in the past 20 years. We have witnessed inflation remaining rather subdued from the beginning of this century....
More »The cold truth about India’s income inequality -Seema Chishti
-The Hindu Far from pushing for social and economic equality, the state is fanning systems and principles to strengthen the divide The latest edition of the World Inequality Report (https://bit.ly/3Fx8vv4 and https://bit.ly/3EvazlY) has confirmed that the world continues to sprint down the path of inequality. “Global multimillionaires have captured a disproportionate share of global wealth growth over the past several decades: the top 1% took 38% of all additional wealth accumulated since...
More »Centre not likely to go for any off-Budget borrowing this year -Arup Roychoudhury
-Business Standard This is a move that has been hailed by economists and policy-watchers as it makes budgeting a more transparent process Union Finance Minister Nirmala Sitharaman, in this year’s Budget speech, had said that she would discontinue extra-budgetary resources (EBR) funding for the Food Corporation of India, in a continued bid to clean up the central government’s balance sheet and end below-the-line accounting. As a result, the EBR provision for 2021-22...
More »Prof. Jean Dreze, academician and social activist, interviewed by Anil Varghese (Forward Press)
-Forward Press An email interview with one of the foremost development economists against the backdrop of the latest report of the World Inequality Lab describing India as one of the most unequal countries in the world The World Inequality Lab has just published the World Inequality Report 2022. The Paris-based organization, which is directed by top economists, including Thomas Piketty, has painted a grim picture of the inequality in India based on...
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