-The Hindu The pursuit of full employment of labour cannot primarily rely on domestic private investment, much less FDI. Only public investment will steady us in the long run. We are increasingly told that the inflow of capital — particularly the foreign direct investment (FDI) variety — increases employment levels and contributes to economic growth. In a rare interview given to The Wall Street Journal in May, Prime Minister Narendra Modi reinforced...
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Even educated spend less on women health -GS Mudur
-The Telegraph New Delhi: The gender gap in healthcare spending is increasing in India, and even educated and wealthy households spend less on women's health than on men's, scientists have reported. Demographers and other experts have documented for over a century how Indians discriminate against girls in healthcare and general well-being. New research now suggests that this gender disparity is amplified in adults and has increased over time. An analysis from two nationwide...
More »‘Even 3 good monsoons can’t end drought’
-The Times of India New Delhi: Veteran journalist P Sainath has made a strong demand for declaring agriculture a public service. He also believes there needs to be a special session of Parliament to discuss the farmer crisis and the decade-old report of National Commission of Farmers chaired by professor M S Swaminathan. The author of Everybody Loves A Good Drought delivered the inaugural lecture of a monthly lecture series planned by...
More »The bitter tales of Shamli’s sugarcane farmers: ‘Netas talk palayan (exodus), our issue bhugtan (payment)’ -Harish Damodaran
-The Indian Express Even though Shamli tops in sugarcane production, there is nearly Rs 300 crore dues for district farmers. Shamli/ Kairana: Mohkam Singh supplied 22 buffalo carts of cane, each laden with 18 quintals, to the sugar mill at Shamli belonging to Sir Shadi Lal Enterprises Ltd in the 2015-16 crushing season. These 400 quintals should have fetched about Rs 1.12 lakh at the Uttar Pradesh government’s state advised price (SAP)...
More »The indirect benefits transfer -Jayati Ghosh
-The Hindu India’s record in collecting taxes has been pathetic, and it is getting worse. The declining rates of direct taxation are an indication of the political choices of the government We now have a peculiar combination in the economic policy of India: a declared attempt at fiscal consolidation, combined with a reluctance to do what it takes to raise tax revenues. This unfortunate juxtaposition has meant a squeeze on Central government...
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