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Achchhe din's worst day

-The Telegraph The Central Statistics Office reported today that economic growth sank to a three-year low at 5.7 per cent, striking at the core of Prime Minister Narendra Modi's promise of achchhe din. The sharp slowdown is a result of the two biggest disruptive measures taken by the Modi government: demonetisation and the goods and services tax. The double whammy has badly crimped factory output and squeezed the services sector. The GDP growth...

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Poor analysis, wrong conclusions in recent research paper, claims a group of scientists -MT Saju

-The Times of India CHENNAI: Irked by an attempt to link extreme temperature and farmer suicides in a recent paper, published by the PNAS (Proceedings of the National Academy Sciences of the United States) titled "Climate change and agricultural suicides in India" which claimed that 'temperature during India's main agricultural growing season has a strong positive effect on annual suicide rates, a group of scientists has issued a joint-press release questioning...

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That sinking feeling -MV Rajeev Gowda & Salman Soz

-The Hindu In contrast to its pronouncements, the government’s own data suggest the economy is in a deep hole Prime Minister Narendra Modi, in his Independence Day address, spoke triumphantly about how demonetisation drove ?3 lakh crore of unaccounted money into the banking system. The Reserve Bank of India (RBI) is still counting old notes, and unaccounted money cases are ongoing. Thus, this number is at best a guesstimate, and cannot be...

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The impact of caste on economic mobility in India -Kaivan Munshi

-Livemint.com The caste networks will disappear when the market economy starts to function efficiently The caste system is arguably the most distinctive feature of Indian society. The Indian population is divided into four hierarchical classes, or varnas, with a large sub-population of untouchables excluded entirely from the system. Within each of these classes, and among the untouchables, are thousands of castes, or jatis. The central rule in Hindu society is that individuals...

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MS Swaminathan, father of India's Green Revolution, interviewed by Vidya Venkat (The Hindu)

-The Hindu Fifty years since the Green Revolution, the architect of the reform highlights the crisis facing Indian agriculture today It is 11 years since agronomist M.S. Swaminathan handed over his recommendations for improving the state of agriculture in India to the former United Progressive Alliance government, at the height of the Vidarbha farmer suicides crisis, but they are still to be implemented. To address the agrarian crisis and farmers’ unrest across...

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