In the financial year 2017-18 when tractor sales touched new heights, it was said by many of the NDA (viz. National Democratic Alliance) government supporters that rural demand has revived on account of adequate monsoon rainfall and higher minimum support prices for crops. Many economists and newspaper columnists also denied the existence of any rural distress. An alternative perspective, however, was also presented by rural economists like Dr. Himanshu who teaches...

-Livemint.com Consumption declined over the period 2014-18, confirming fears that people ended up worse off Various data from the financial to the corporate sector over the last two months are confirming the worst fears of a sharp decline in demand in the economy. With stagnant investment and exports, there are clear signs of a sustained slowdown. Most of this was well known to anybody following the Indian economy, barring the government, which...

-TheWire.in Why asset redistribution is superior to income redistribution. Land and labour are two basic factors needed by rural people for income generation. While women have always played a key role in agricultural production, their importance both as workers and as farm managers has been growing in the last two decades as more men move to non-farm jobs – leading to an increased feminisation of agriculture. However, ownership of land is concentrated mostly...

-The Hindu Several interventions are needed on the demand and supply side to alleviate farm distress Loan waivers remain the preferred solution for governments to tackle farm distress. S. Mahendra Dev and M. Govinda Rao talk about the inability of governments to think of long-term solutions to tackle farm distress, in a discussion moderated by Vikas Dhoot. Edited excerpts: * Despite farm productivity rising, severe distress in the sector is a concern. How...

-The Hindu More than a ‘more jobs’ approach, addressing structural issues which keep women away from the workforce is a must India is in the middle of a historical election which is noteworthy in many respects, one of them being the unprecedented focus on women’s employment. The major national parties, the Bharatiya Janata Party and the Congress, have reached out to women, and their respective manifestos talk of measures to create more...