-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...
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US Inflation and India’s Economic Recovery -Prabhat Patnaik
-NetworkIdeas.org The very day, December 11, when the Indian finance ministry spuriously claimed a robust recovery in the post-pandemic Indian economy, newspapers carried news of an acceleration in the US inflation rate. The inflation rate in November 2021 over November of the preceding year had been 6.8 per cent in the US, which was higher than the corresponding rate in any month over the previous 40 years; in particular, petrol prices...
More »Yogi Adityanath invokes ESMA, bans strikes in UP for 6 months: Report - Amit Chaturvedi
-Hindustan Times The decision has been taken in view of the prevailing Covid-19 situation. A notification was issued by additional chief secretary Dr Devesh Kumar Chaturvedi on Sunday, Livehindustan reported. The Yogi Adityanath government has banned strikes across the States for six months. A notification was issued by additional chief secretary Dr Devesh Kumar Chaturvedi on Sunday, Hindustan Times’ sister publication Livehindustan reported. It States that the strike is being banned in any...
More »Farm Fatale -Anita Joshua
-The Telegraph The agrarian laws might have been repealed but are we any wiser about what it was that the farmers were so against, what reforms they could do with instead of the ones thrust upon them? Even in retreat over the farm laws, the Modi government adopted the same top-down approach it employed while bringing them in in May 2020. Pleasantly surprised as they were by the Prime Minister’s unexpected announcement,...
More »Three economic fault lines will determine India’s trajectory over the next decade -Deepanshu Mohan
-Scroll.in It is essential for policy makers to understand the crises created by widening income inequalities and labour market ruptures. In the context of the current global macro-economic situation, there are three deep currents for the Indian government to be aware of. How it understands and responds to these challenges will shape the country’s socio-economic trajectory over the next few years. The first undercurrent: the deepening of income and wealth inequalities. Second: a...
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