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RBI says lack of domestic demand affecting 'animal spirits' of economy

-The Hindu Reviving the consumption demand and private investment has assumed the highest priority in 2019-20, notes central bank report. Mumbai: The Reserve Bank of India (RBI), in its annual report for 2018-19, has said the lack of domestic demand is holding back the animal spirits in the economy and emphasised the need to revive consumption demand and private investment during 2019-20. “What ails the animal spirits? At the core is the...

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land reform and Development in J&K -Shinzani Jain

-Newsclick.in Economist Jean Dreze attributes the better performance of the state in human development indicators to the extensive land reforms that were carried out by the National Conference government in the 1950s and contends that Article 370 made these reforms possible. The Government of India recently abrogated the special status enjoyed by the erstwhile state of Jammu and Kashmir under Article 370 of the Indian Constitution. One of the main raison...

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From Plate to Plough: Unlock the land markets -Ashok Gulati & Ritika Juneja

-The Indian Express High powered commitee for transformation of agriculture should reform restrictive tenancy laws, protect rights of landowners. Early in its second term, on July 1, the Narendra Modi government constituted a High Powered Committee of Chief Ministers for Transformation of Indian Agriculture. Maharashtra Chief Minister Devendra Fadnavis was appointed the committee’s convenor. The Committee is supposed to submit its report within two months. Its terms of reference (ToR) pertain...

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Economist Jean Dreze: Article 370 helped reducing poverty in Jammu and Kashmir -Vishwadeepak

-National Herald Figures prove due to special status, J&K outscored Gujarat on selected indicators. As per Dreze it is an illusion that removing Article 370 will bring development in the Valley Life expectancy at birth is higher in Jammu and Kashmir which is depicted as a terrorist-state by media as compared to Gujarat which is projected as a model state in India; percentage of the rural population living below the poverty line...

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Jean Dreze contests Amit Shah with Gujarat data -Pheroze L Vincent

-The Telegraph Dreze showed how Jammu and Kashmir outscored Gujarat on the basis of a raft of development indices New Delhi: Economist Jean Dreze held up a placard at a protest rally here on Wednesday, displaying stats to contest home minister Amit Shah’s claim that Jammu and Kashmir was less developed than the rest of India. Dreze showed how Jammu and Kashmir outscored Gujarat on the basis of a raft of development indices. “I...

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