-The Economic Times None of the standard explanations quite explain the rise in food prices India has seen: pronounced since 2006 and alarming after 2010. Drought and poor rains? The country has seen good aggregate rainfall in most of those years. Spike in global prices? Those were high in 2007-08, not now. Fragmented value chains that allow middlemen to grab large margins? The value chain has always been fragmented. Growth has slowed...
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The Deserted Village -MG Devasahayam
-Outlook The PM would do well to incorporate the Lok Nayak's convictions and what he stood for and not ape alien models to make India's villages as mere markets and show-pieces Narendra Modi was different from other Prime Ministers while addressing the nation from the ramparts of the Red Fort on 15 August 2014. He spoke of governing India through sahmati (consensus) not bahumati (majority) and sought the cooperation of people and...
More »Are women really working less in India? -CP Chandrasekhar and Jayati Ghosh
-The Hindu Business Line The national sample survey shows there has been a substantial shift from paid or recognised work to unpaid domestic activities for both rural and urban women There has been much discussion on the evidence from recent NSS large sample surveys on employment, of the significant decline in women's workforce participation rates. Various explanations have been offered for this, including rising real wages that have allowed women in poor households...
More »Big monsoon picture masks agony on the small farm -Sanjeeb Mukherjee
-The Business Standard Rainfall shortage in Rajasthan to hit summer and winter crops Alwar (Rajasthan): Khajura Ram has an agonising fortnight ahead. If it does not rain in the next 15 days, he not only will have a poor summer bajra crop; his winter wheat or mustard will suffer as well because it will have to be planted late. "By the middle of August, the bajra crop should have been ready for harvesting...
More »Betting the farm on populism-Ajay Vir Jakhar
-The Business Standard The Budget missed the chance to articulate its intentions to the farming community; the prime minister's Independence Day speech provides another invaluable opportunity Young Indians starting their careers in an environment devoid of hope and opportunity and surviving on dole will be inclined to populist politics. But the farming community expects much more substance from the government, and the Budget was a good example of how populism trumped...
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