A recent report of the Ministry of Statistics and Programme Implementation (MoSPI) brings forth the dichotomy between digital divide and India’s transition towards a cashless economy. The rural-urban divide in access to computer and internet is quite stark, according to the report entitled 'Key Indicators of Household Social Consumption on Education in India, July 2017 to June 2018'. The 75th round National Sample Survey (NSS) report on education finds that...
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How caste impacts migration and its benefits -Priyansha Singh & Chitra Rawat
-India Spend Mumbai: Poverty and lack of opportunity in their hometowns drove 93 million Indians from disadvantaged castes and tribes in 2011 to migrate to other areas within their states in the hope of securing education or employment. However. they continue to face social segregation, labour market discrimination and barriers to accessing the most Basic services, finds an analysis of Census data and research studies by India Migration Now, a Mumbai-based...
More »Looking up: The farm hope -Harish Damodaran
-The Indian Express The ongoing price recovery in major crops is in danger of being stymied by knee-jerk government response. A lot of analyst commentary on the latest quarterly GDP numbers for India has focused on the low growth in “nominal” terms: Gross value added (GVA) at current prices grew by just 6.3% year-on-year in July-September and 7.1% for April-September. If this first-half trend holds for the rest of 2019-20, it would...
More »Economic crisis: Why it suits neoliberals to point fingers solely on demonetisation 'shock' -Prabhat Patnaik
-Newsclick.in The roots of the present economic slowdown squarely lie within the neoliberal trajectory, which has led to a crisis of overproduction. Demonetisation and ‘hasty’ GST only aggravated it. With former prime minister Manmohan Singh resurfacing on the political landscape and articulating once more the orthodox neoliberal position, one can now clearly discern three distinct perspectives on the current economic slowdown. The first is the orthodox neoliberal position that Singh has now articulated....
More »Prabhat Patnaik, an economist and former economics professor at the Jawaharlal Nehru University, interviewed by Kaushal Shroff (The Caravan)
-CaravanMagazine.in In the budget unveiled in July, the finance minister Nirmala Sitharaman ambitiously claimed that India’s economy would hit $5 trillion by 2025. In the weeks that followed, the Central Statistics Office revealed that the gross domestic product growth rate for the April–June quarter fell to a six-year low of five percent; the Reserve Bank of India cleared a surplus transfer of Rs 1.76 lakh crore to the union government; and...
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