-The Hindu In the farm laws debate, the focus should be on the exchequer-farm subsidies issue and the spending on farm subsidies In the on-going debates around the three new pieces of agricultural legislation and the farmers’ demand for continuation of minimum support prices (MSP), questions have often been raised whether the government should be using the taxpayers’ money to provide subsidies to the farming community in this country. However, logically, two...
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2020 – How the Modi Govt Led India into Record Joblessness -Subodh Varma
-Newsclick.in Unemployment has inched up to over 9% as the year ends and the so-called economic recovery is a mirage. For Indians, 2020 will go down in history as the worst year for livelihoods and incomes. Unemployment levels rose to record highs, incomes plummeted to record lows and such was the scale of deprivation that thousands of families teetered on the brink of starvation. Tragically, this was not just the pandemic. It...
More »Hit By Indebtedness and Suicides, Punjab Farmers Worry New Laws Will Make Things Worse -Pawanjot Kaur
-TheWire.in Researchers have found that small and marginal farmers and Dalit landless labourers are worst affected by the region's agrarian distress. Sangrur/Patiala (Punjab): In the villages of Punjab, strike a conversation on farming expenses with anyone, and they will say, “Karja tan hai hi (Of course, we have taken loans).” It’s these loans – from both institutional and non-institutional sources – that largely help the rural Economy run in the state. But...
More »An examination of the pitfalls of the open-ended grain procurement system -Sanjeeb Mukherjee
-Business Standard While the agitating farmers are clamouring for its continuation, the mechanism is a drain on govt resources, with the Centre buying far in excess of what it needs for distribution under PDS As thousands of farmers brave the winter chill to agitate against the three farm acts, a dominant fear for most of them is the impact that dismantling of the Minimum Support Price (MSP)-based mechanism will have on their...
More »India’s Economy in 2020: Year of many questions -Anil Sasi
-The Indian Express India's Economy in 2020: As Annus Horribilis 2020 comes to an end, there are positives in the Economy: signs of a GDP rebound, and buoyant equity markets. But demand is weak, receipts are down, and the employment situation is grim. All eyes are on the Budget — and on the vaccines In a little over a month, Finance Minister Nirmala Sitharaman will present what she has heralded as “a...
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