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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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Farmers need remunerative prices, not debt waiver, to end rural distress -TK Arun

-The Economic Times Farmers are agitated. Loan waivers have not stemmed protests or farmer suicides. This is a multidimensional problem and also a huge political opportunity for parties that can think constructively. Waiving loans is bad policy. It adds to the fiscal stress of states, straining under the electricity utility debt they have taken over. The states would undo the Centre’s hard-wrought fiscal discipline, scaring rating agencies. Waived loans bring little benefit to...

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On the Economic Implications of Restrictions on Cow Slaughter -Vikas Rawal

-Macroscan.org India's livestock economy is among the biggest in the world. A ban on cow slaughter would either result in more and more unproductive animals being killed in most unscientific and cruel ways or would entail such a high cost for maintaining unproductive animals that cattle rearing would cease to be a profitable enterprise for farm households. Restrictions being imposed on cow slaughter and the actions of the cow vigilantes would...

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Economics, not religion, drives ownership of cattle in India -Roshan Kishore and Ishan Anand

-Livemint.com For same wealth levels, chances of owning cattle are more or less the same for Hindus and Muslims Given the increasing incidents of violence under the garb of cow protection in the country—these are driven largely by the belief that Muslims engage with the cattle economy mostly for meat (as butchers, commission agents or beef eaters)—it makes sense to view the cattle economy in the country through the prism of religion. An...

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Informal sector: Gujarat's rural workers earn twice as much as urban labourers -Tina Edwin

-The Hindu Business Line Urban-rural wage gap highest in the North-East and northern States New Delhi: That rural employment, particularly in the informal sector, will fetch lower incomes, does not always hold true. In fact, hired workers in the informal sector in rural Gujarat earned twice as much as their counterparts in urban areas, a recent report of the National Sample Survey Organisation show. Hired workers in rural Gujarat’s informal sectors earned about...

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