To control inflation and ensure long-term economic growth, India needs to harness the creativity of the large number of its farmers and entrepreneurs, especially in rural areas. The latest WPI inflation data show primary articles inflation in double digit, driven mainly by food inflation which remains stubbornly high at over 9 per cent. The high food prices are the result of structural factors with shortages getting aggravated as demand continues to outstrip...
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Not BPL but Basic Income by Meghnad Desai
The fracas over R32 per day was amusing and sad. Obviously, none of the journalists and politicians had known that the level used to be even lower in previous years. In 2004-05, the level was R552 per person per month for an urban person and R363 for rural. So, that is about R17.5 (R12) per day. The stylised anger only revealed that India’s elite may protest about poverty but they...
More »Home voices against Anna by Jaideep Hardikar
Vilas Bhagwan Pote grins as he recalls his election as sarpanch of Ralegan Siddhi, Anna Hazare’s village in Ahmednagar district, 11 years ago. “I was the traitor, the bad guy,” he jokes. “I openly defied Anna because I felt he was wrong.” Pote, a Dalit charmakar (cobbler) then in his 30s, had been unhappy as the 2000 panchayat polls drew close. As always, Anna had nominated a new executive body for the...
More »Despite good monsoon, farmers blame NREGA for low profits
-Reuters Cotton farmer Ravindra Krishna Patil in Maharashtra should be feeling flush after strong monsoon rains and a good crop, but high costs have cast a pall over his preparations for the festive season. Instead of splashing out on gold jewellery, appliances or maybe even a car during the biggest shopping season of the year, 28-year-old Patil must count his rupees after costs of everything from fuel to labour soared while cotton...
More »The Poverty Line – yours, mine and ours by Patralekha Chatterjee
Discussing the ‘poverty line’ has become a bit like talking about sex or death. Everybody has a view on it. And no two persons have the same view. The planning commission, members of the national advisory council, the rural development minister, assorted chief ministers, social scientists, economists, the media, the bloggerati — all have made their points loud and clear. However, such is the topic that it continues to trigger verbal...
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