-The Indian Express That’s the actual liquidity pumped into rural areas by government post lockdown – through grain procurement, PM-Kisan and MGNREGA wages. There are many parallels one can draw between the novel coronavirus-induced lockdown (gharbandi) and demonetisation (notebandi), in terms of their impact on India’s farm economy. Both resulted in the same thing – demand destruction – albeit through different routes. Notebandi caused a haemorrhaging of liquidity from the predominantly cash-based farm...
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Economic data will help policy
-Hindustan Times Release the consumption survey. And ramp up research The Indian economy is set to contract this year. Economic policy must have two clear objectives. It must do all it can to ensure growth revival. And until that happens, the State must ensure that the poor are able to maintain at least basic standards of living. Achieving these goals requires detailed information about the economy. What were household incomes before the...
More »139 million people across Indian cities likely to run out of savings by month-end -Ganesh Rao, Praveen Ravi and Vishnu Padmanabhan
-Livemint.com 30% of India’s urban population may deplete their lifetime savings by the end of June and would find it difficult to meet essential consumption In the best of times, India’s poor lead a fragile existence but in the worst of times their situation becomes extremely precarious. The lockdown of the country over the past few months has discomfited everyone but it has hit the urban poor the hardest. Measuring vulnerability accurately is...
More »India’s dairy sector has helped lift the rural economy and improve livelihoods -Yashobanta Parida and Deepika Yadav
-The Hindu Business Line The country must now usher in a new era of development for the dairy sector, by building procurement infrastructure in milk deficit States and adopting appropriate technology in these regions World Milk Day was established by the Food and Agriculture Organisation (FAO) on June 1, 2001, to recognise the importance of milk as a global food. This year we celebrate the 20th anniversary of World Milk Day. This...
More »Impact of Covid-19 on Indian Villages -Tapas Singh Modak, Sandipan Baksi, and Deepak Johnson
-Review of Agrarian Studies, Vol. 10, No. 1, January-June, 2020 This note analyses the impact of the lockdown – which brought almost all economic and public activity in India to a halt – on a select group of villages based on a rapid assessment survey conducted by the Foundation for Agrarian Studies (FAS) in April 2020. The survey was conducted through telephone interviews of 52 informants from 21 villages across 10...
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