-Scroll.in JNU professor Himanshu says the economic slowdown is not the result of a one-off event like demonetisation, the slump began almost two years ago. The economy is in a trough. The first quarter of 2017-2018 saw the growth of gross domestic product (the total value of all goods and services produced in a country in a year) drop to 5.7% from 7.9% in the corresponding period last year – the...
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'Arbitrary' Method Used to Appoint New CAG, Despite Modi Government's Talk of Transparency -Gaurav Vivek Bhatnagar
-TheWire.in According to NGO Common Cause, Modi missed an opportunity to to set a high benchmark to fight systemic corruption by not putting in place an accountable system to appoint the new Comptroller and Auditor General. An NGO that played a critical role in transforming the way natural resources are allocated by filing PILs in the coal block allocations and 2G spectrum allocation cases, has criticised the Narendra Modi government for following...
More »Rising input prices keeping down net crop incomes in many states, observes new report
For those who asked why the farmers of Madhya Pradesh, Maharashtra and other states hit the streets during June and July this year, the report prepared by the Committee on Doubling Farmers’ Income could be a ready reckoner. Prepared under the chairpersonship of Ashok Dalwai, the report on Doubling Farmers’ Income after studying the trends in crop income and cost associated with 23 crops, reveals a mixed picture across the...
More »No quick-fix solution: Don't use packaged food to fight malnutrition, says govt -Rema Nagarajan
-The Times of India NEW DELHI: The Women and Child Development ministry has written to all states and union territories that there isn't enough evidence to support the use of Ready-to-Use-Therapeutic foods (RUTF) for the management of severe acute malnutrition (SAM). This is a blow to the multi-crore complex of international NGOs who push packaged food as a strategy to address severe malnutrition and companies that produce them. The WCD letter pointed...
More »Is Thomas Piketty right about inequality in India? -Tadit Kundu
-Livemint.com Thomas Piketty’s estimates of inequality in India appear exaggerated on close scrutiny but the issue he raises is an important one Three years after writing a best-selling book on the growing problem of inequality in the Western world, the French economist Thomas Piketty has turned his attention to inequality in the developing world. In a recent research paper co-authored with Lucas Chancel of the Paris School of Economics, Piketty estimates that...
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