-The Hindu Paddy and sugarcane are India’s most water-guzzling crops — using up over half of the country’s total irrigation water resources — but procurement policies and water and power subsidies are skewing profitability and distorting crop decisions, says a recent study done by agricultural economist Ashok Gulati, and Gayathri Mohan. It has been published as a working paper by the Indian Council for Research on International Economic Relations (ICRIER). The ICRIER...

-News18.com In an interview with News18’s Rupashree Nanda, Dreze, who was a member of Sonia Gandhi’s National Advisory Council and an architect of the National Employment Guarantee Act (NREGA), says that there have been no major initiatives in the social field in the last four years, with the partial exception of Swachh Bharat. Government data reveal that the Indian economy is growing at a robust rate but noted economist Jean Dreze believes...

-Press Statement by NREGA Watch Today, International Workers Day or “Mazdoor Diwas” was celebrated across Jharkhand by collectives of individuals and organisations, culminating a week long series of intensive activities. Thousands of workers gathered in over twenty five blocks across Jharkhand including Kisko (Lohardaga), Chattarpur (Palamu), Manika and Mahuadandh (Latehar), Raidih and Basia (Gumla), Topchanchi (Dhanbad) and Janiamore (Bokaro). Aside from workers, pensioners and other rural residents, these events were...

-The Telegraph economist who served as finance minister dies at 90 Calcutta: Former Bengal finance minister Ashok Mitra, who also served as the chief economic adviser to the Indian government, passed away in a city nursing home on Tuesday morning. The Marxist economist was 90 and had been suffering from age-related complications. His wife Gouri had died 10 years ago. An economist by training - with a PhD under Nobel laureate economist Jan Tinbergen -...

-TheWire.in Surjit Bhalla, who draws on CMIE’s database and EPFO data, notes that job creation in 2017 was likely 15 million. New Delhi: The head of the Centre for Monitoring of Indian Economy (CMIE) has accused economist Surjit Bhalla, who is a member of the Prime Minister’s Economic Advisory Council (PMEAC), of distorting and “dishonestly presenting” its nationwide employment survey to claim that India created 15 million jobs in 2017. The CMIE does...