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Job growth at a snail’s pace -Santosh Mehrotra

-The Hindu For jobs to grow, consumer demand has to improve consistently. This can only happen with an industrial policy, which India has not had since 1991 There will be no demographic dividend without growth in industrial and service sector jobs. The underlying logic behind a dividend is that as jobs grow, incomes rise and so do savings. Based on higher savings, the investment rate to GDP grows, resulting in faster GDP...

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The indirect benefits transfer -Jayati Ghosh

-The Hindu India’s record in collecting taxes has been pathetic, and it is getting worse. The declining rates of direct taxation are an indication of the political choices of the government We now have a peculiar combination in the economic policy of India: a declared attempt at fiscal consolidation, combined with a reluctance to do what it takes to raise tax revenues. This unfortunate juxtaposition has meant a squeeze on Central government...

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Doubling Farmers' Incomes by 2022: What Would It Take? -S Chandrasekhar & Nirupam Mehrotra

-Economic and Political Weekly How realistic is the objective of the Government of India to double the income of farmers by 2022? Is there a precedent? From estimates of change in income of agricultural households over the period 2003-13, this article suggests what needs to be done to achieve a doubling of Real incomes. A focus on income from cultivation alone will be inadequate. Policy aimed at increasing net income from...

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The forgotten ones: Looking at agricultural labourers -Sukhpal Singh & Shruti Bhogal

-The Tribune While there are have been debates about the plight of farmers, hardly have we ever heard or read anything about the condition of agricultural labourers. They are the victims of economic downturn in the rural sector. THE economy of Punjab today, embroiled in various economic issues, is showing signs of crisis in the agrarian sector. We often hear and read about the woes of the farmers who are committing suicides,...

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A success story in parched Bundelkhand -Omar Rashid

-The Hindu Prem Singh’s farm has plenty of water, fruit-bearing trees, and organic products BANDA (U.P.): In the parched, brown landscape of Uttar Pradesh’s Bundelkhand region, where hundreds of distressed farmers have taken their lives in the past few decades or have been forced to migrate, Prem Singh’s farm is an exception. In the fabulous green farm, there is plenty for everyone: abundance of water-bodies for animals to drink from, many fruit-bearing trees,...

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