-Livemint.com * Only 13% surveyed chose cash if it came at the expense of spending to improve public health and nutrition * The number grew to 35% if the cash came at the expense of improving roads New Delhi: A timely survey conducted in rural Bihar by a World Bank economist and two professors from the Georgetown University to gauge the response of poor people on the Raging debate over a minimum income...
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Budget 2019: Behind Chest Thumping, Cuts in Welfare and Silence on Jobs -Subodh Varma
-Newsclick.in The Interim Budget granted a paltry Rs 500 per month to farmers as relief, fund cuts for dalits, adivasis and minorities, and was silent on agricultural and industrial workers. It was the theatre of absurd in the Lok Sabha on Friday as replacement Finance Minister Piyush Goyal presented the Interim Budget through an election speech, tom-tomming the so-called achievements of the Narendra Modi government over the past five years, offering an...
More »MSP was not 1.5 times the cost of production for most kharif crops during the last 6 agricultural years
In its 2014 election manifesto, the Bharatiya Janata Party (BJP), among other things, promised to "take steps to enhance the profitability in agriculture, by ensuring a minimum of 50% profits over the cost of production". In his 2018-19 Union budget speech too, the Finance Minister Shri Arun Jaitley informed the Parliament that the 2014 election manifesto of the BJP had stated that the farmers should get at least 1.5 times the...
More »Deflation in WPI of 8 kharif crops observed during 2016-17 to 2018-19, while their MSPs grew at a positive rate
It is being said by economists that unlike the issue of low food production that gripped Indian agriculture for long in the past, the present problem is about farmers not getting remunerative prices against the crops that they are growing. According to farmer leaders, the policymakers are too late to realise that bitter truth. As a result, there is a growing disenchantment in the rural hinterland against the ruling government...
More »2018 -- Year of Raging Joblessness -Subodh Varma
-Newsclick.in The tragedy of unemployment continues, complemented by a government that has no solution except to fiddle with data. If there was one defining promise by Narendra Modi in the run-up to the 2014 General Elections, it was that he would give one crore jobs every year. Nearly five years down the line, this is what promises to sink him and his government at the Centre. Far from fulfilling this promise, the Modi...
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