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Modi’s India proves that liberal Economics can happily coexist with political illiberalism -Indrajit Roy

-Scroll.in Going against conventional wisdom, the Indian middle class is not a source of liberalism. A profound contradiction lies at the heart of contemporary India’s political economy. On the one hand, it embraces economic liberalism. In September 2020, it legislated laws aimed at liberalising agriculture from state-guaranteed protections. The recent budget, passed in February, was high on promises of accelerating divestment of public sector undertakings. On the other hand, however, this enthusiasm...

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Explained: Post-pandemic job survey in Delhi, and what it says on female participation in workforce -Sourav Roy Barman

-The Indian Express A Delhi government-commissioned employment survey has captured the severity of the job crisis plaguing the national capital. What is the highlight of the report? What does it say on female participation in the workforce? A Delhi government-commissioned employment survey, carried out between September-November 2020, has captured the severity of the job crisis plaguing the national capital, which continues to reel under the impact of the pandemic and the consequent...

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Two days after PB Mehta’s exit, economist Arvind Subramanian resigns from Ashoka University -Ritika Chopra

-The Indian Express Arvind Subramanian cited the circumstances involving Pratap Bhanu Mehta's exit and the fact Ashoka University can no longer provide space for academic expression and freedom. Noted economist Arvind Subramanian has resigned as professor from Ashoka University, citing the circumstances involving Pratap Bhanu Mehta’s exit and the fact Ashoka, even with its private status and private capital, can no longer provide space for academic expression and freedom. Subramanian had joined Ashoka...

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Punjab study links rise in farm incomes to FPO membership -Vikas Vasudeva

-The Hindu A study at the Ludhiana-based Punjab Agricultural University to track the impact of Farmer Producer Organisations (FPO) on the income and employment of farmers in Punjab during 2019-20, has revealed that incomes increased after farmers joined the FPOs and the impact was greater among small, marginal and semi-medium farmers. Chandigarh: The study, titled “Economic Impact of Farmer Producer Organisations on Punjab Peasantry”, asserts that overall, the while permanent labour employment...

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Declining Wages, No Government Aid: Daily Wage Workers Are Stuck in a Deep Crisis -Deepanshu Mohan, Jignesh Mistry, Advaita Singh, Snehal Sreedhar, Sunanda Mishra, Shivani Agarwal, Vanshika Mittal and Ada Nagar

-TheWire.in A survey of mazdoor mandis in Surat, Lucknow and Pune shows that even many months after the lockdown ended, workers are struggling to make ends meet. “Since the time of COVID-19 lockdown, there has been a severe crisis of employment opportunities in local labour markets. Getting work for even two days a week is difficult for us. Daily wages too, for any work possible, have dipped by half,” says Rajesh Singh,...

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