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A new movement is born -Yogendra Yadav

-The Tribune Over 150 farmers’ bodies have come together on a common agenda IS the farmers’ movement in India entering a new phase? Six weeks is too short a window to answer this question with certainty. But the nature of farmers’ protest across the country since the beginning of farmers’ strike in Punjab shows signs of something new. This impression is confirmed in a two-week journey connecting farmers, organisations and movements across six...

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Farm crisis: Landless may be better off, but landed are worse off; here is what you should know of rural distress puzzle -Pranjul Bhandari

-The Financial Express The state of India’s rural economy is puzzling. There is enough evidence to support both opposing statements: one, that the rural economy has improved, and two, that the rural economy is in the doldrums. Some macro indicators have improved, though. The rural unemployment rate has been falling, while rural wages have been rising, particularly on a real basis. Alongside, indicators such as two-wheeler sales and consumer non-durables production...

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Declining bank credit indicates poor economic performance

Apart from gross domestic product (GDP) and gross value added (GVA), another indicator which shows whether an economy is thriving or stagnating is the growth in bank credit. Credit is a critical input in the production of goods and services. It is generally the case that during prosperous times, economic actors, who are engaged in different sectors or in various industry, take up bank loans to invest. The provisional data...

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Battle over cattle -Himanshu Upadhyaya

-GovernanceNow.com Banning cattle slaughter, like demonetisation, may deliver political gains but will hit the rural economy hard More than a century ago, a team of officials from Brazil toured some villages of Kheda district, in central Gujarat. They had come to procure breeding bulls of the famous Kankreji breed, notes Bhailal Patel, a charismatic institution-builder who was also the first leader of opposition in Gujarat assembly, in his memoirs. It was of...

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Why risks to inflation in India are on the rise -Roshan Kishore

-Livemint.com There is a growing risk that inflation may spike in the coming months The sharp drop in prices of farm products over the past few months has not just upset farmers across the country, but also seems to have complicated the task of India’s monetary authorities. The minutes of the last meeting of the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) show that the committee is divided...

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