-Newsclick.in The Centre has on many occasions announced to double the farmer’s income but the reality on the ground paints a different picture. Suffocated under a cycle of debt, some of them are allegedly taking the extreme step. Banda: Ram Ruchi was just 22 at the time of his death. A young farmer from Majra Pandin village in Banda district hanged himself to death on the ill-fated day of October 7, 2021....
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As Uttar Pradesh Heads to Polls, How Does the Yogi Govt's Economic Performance Hold Up? -Santosh Mehrotra
-TheWire.in Employment trends are dismal under the 'double engine government' of Modi and Adityanath. Several claims made in ads do not appear to hold up. Uttar Pradesh’s per capita income was barely half (Rs 41,023) of India’s average (Rs 86,659) in 2019-20. The per capita income of UP (at 2011-12 prices) is ranked 32 out of 36 states and Union Territories. That the state’s economy has been one of the poorly performing...
More »Prof. Jean Dreze, academician and social activist, interviewed by Anil Varghese (Forward Press)
-Forward Press An email interview with one of the foremost development economists against the backdrop of the latest report of the World Inequality Lab describing India as one of the most unequal countries in the world The World Inequality Lab has just published the World Inequality Report 2022. The Paris-based organization, which is directed by top economists, including Thomas Piketty, has painted a grim picture of the inequality in India based on...
More »GDP Numbers: What’s Wrong With How India Measures Manufacturing Output Data -Kaushal Shroff
-TheWire.in A claim of an 8.4% real GDP growth rate has little relevance even as rural India battles plummeting wage levels, depleted incomes and widespread unemployment. With the release of the GDP figures for the quarter ending September, the government machinery has been in full swing advancing the narrative that economic growth is indeed back on track. However, sorely missing from these narratives is the inconvenient factoid on the currently dismal state of...
More »The Farmers Have Won an Epic Battle, But the Real War Lies Ahead -Prem Shankar Jha
-TheWire.in In the face of a surplus of cereals and ever-dwindling prices as a consequence, farmers with small and medium sized land holdings have tried to shift to the cultivation of perishable fruits and vegetables. Their incomes, however, are still hamstrung by a lack of rural cold storage facilities in the country. The farmers of India have won an epic victory. For 15 months, they braved the biting cold, cruel heat, misrepresentation,...
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