-The Hindu ULPIN land database to be integrated with revenue court records, bank records, and Aadhaar The Centre plans to issue a 14-digit identification number to every plot of land in the country within a year’s time. It will subsequently integrate its land records database with revenue court records and bank records, as well as Aadhaar numbers on a voluntary basis, according to a Parliamentary standing committee report submitted to the Lok...
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China may have become more prosperous in comparison to India in 2020, estimates new study
During the last one year, India seems to have lost the race in becoming the world leader in terms of development, prosperity and growth thanks to the recession brought about by the Covid-19 pandemic. The total number of poor people in the country has swelled and the middle class has shrunk in 2020 in comparison to what was anticipated earlier. A new study by the United States based think tank Pew...
More »Why privatising public assets is poor economics, impetus to greater wealth inequality -Prabhat Patnaik
-The Indian Express The only difference between a fiscal deficit and selling public assets lies in the nature of the government paper that is handed to the private sector, but the macroeconomic consequences of a fiscal deficit on the economy are no different from those of selling public assets. The government has adduced no reasons for the proposed privatisation of several public sector assets other than to generate resources for its spending....
More »India’s true self-reliant entrepreneurs -Maitreesh Ghatak and Mukulika Banerjee
-Hindustan Times The lockdown showed how migrant workers, let down by the State, community and market, are the nation’s most valuable resource Atmanirbharata is India’s new economic policy. Nirbharata means reliance, and atma means the self. The Atmanirbhar Bharat Abhiyan, announced by Prime Minister (PM) Narendra Modi, following the lockdown announced on March 24, 2020, calls for India’s economic mission to be based on self-reliance. Recently, the PM extolled the virtues of...
More »Namasudras are getting closer to BJP in West Bengal. There is a tradeoff -Arvind Kumar and Manisha Majumdar
-ThePrint.in Although the CAA has sparked huge protest among the Muslim minority, it seems to be attracting voters from the Namasudra community towards the BJP. The Namasudra community of West Bengal is gradually moving towards the Bharatiya Janata Party, evident from the latter’s win in constituencies dominated by the caste group. In fact, the BJP’s entry in the state was marked by its victory in Namasudra-dominated Basirhat Dakshin assembly constituency in 2014....
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