-Livemint.com Low incomes and poor farm-gate prices capture the reality of relentless distress in our hinterland National accounts data released last month estimated that the economy has contracted by 7.5% in the second quarter of 2020-21 compared to last year. For many, this was a sign of recovery, given expectations that India’s gross domestic product (GDP) would contract by around 10%. It is, no doubt, an improvement from the 23.9% GDP decline...
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The many layers to agricultural discontent -Valerian Rodrigues
-The Hindu The Farm Acts that are the focus of the farmers’ protest bear variously on the different strata of the farming community At a kisan rally in Bareilly, Uttar Pradesh on February 28, 2016, Prime Minister Narendra Modi spoke of his vision of doubling the income of India’s farmers by 2022. Subsequently, several central leaders and even official committees have reiterated this tall promise. Probably, one of the measures that the...
More »Is the rural economy driving India’s recovery? -Richard Mahapatra
-Down to Earth Government spending has led to demand growth in rural areas; but what if it comes down? Rural India has emerged as the saviour of the shattered Indian economy. From Ratan Tata to the governor of the Reserve Bank of India, everybody is betting on the consumption demand growth in rural areas to boost the novel coronavirus disease (COVID-19) pandemic-stricken economy. There is a lot of talk on the ‘green shoots’...
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-The Indian Express ASER report flags burden of digital inequality on children, and opportunity for government schools. The digital pivot in India’s schooling system risks pushing it into deeper inequality, seven months after schools shut down across the country to tackle the pandemic. A majority of children without access to internet has been thrown into distress — a handful to the point of self-harm, as several reports in this newspaper attest —...
More »Economic policy needs to address those who have seen the greatest distress during lockdown -Sonalde Desai, Neerad Deshmukh and Santanu Pramanik
-The Indian Express The urban poor is still finding it difficult to return to work. Targeting social safety nets towards them is necessary as the economy struggles to recover. While COVID-19 continues its assault on human lives, the Indian economy, after the devastation in the wake of the lockdown, is showing signs of recovering. Data from a variety of sources, such as exports and car sales, as well as data from NCAER’s...
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