-The Indian Express New GDP back series does what the government needs it to — shows that growth during its term has been higher than during the UPA regime. Controversy over the growth performance of the Indian economy took another Turn with The Indian Express breaking the story about Niti Aayog not allowing the back series to be announced three years back because it showed a higher growth rate during the...
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How The Modi Government is Killing Off MGNREGS -Subodh Varma
-Newsclick.in Funding is not keeping pace with demand, and delays or vanished dues are discouraging job seekers in these times of extreme rural distress. Here is a little known but chilling fact about the rural job guarantee scheme, MGNREGS: between April and mid-December this year, about 1.28 crore people who demanded jobs were Turned back. This refusal to give work has been happening every year but it has increased after the Modi...
More »MGNREGA's information system flawed, misguiding -Debmalya Nandy
-Down to Earth The scheme's Management Information System destroys local accountability, promotes centralisation and administrative control and gives out wrong data There is an increasing tendency in the Union government to show performances of central schemes, especially social welfare programmes, through data capTured by the Management Information System (MIS). It is indeed a matter of astonishment how the MIS data always shows high performances of schemes and programmes, while ground surveys and...
More »Agrarian, liquidity crisis weigh on India consumption story -Harsha Jethmalani and Pallavi Pengonda
-Livemint.com As we enter the new year, investors will do well to factor in a moderation in consumption demand due to the liquidity crisis and farm distress Analysts are getting increasingly wary about the outlook for consumption demand, even though investors are brushing aside these risks for now. In its 2019 India outlook, Credit Suisse said it would prefer investment-related stocks over consumption-focused ones in the coming year. The brokerage expects sharp...
More »Farm suicide as an indicator of agrarian crisis should be used with caution
Passionate about the deepening of agrarian crisis, quite often journalists and media persons cite figures related to farm suicide (as provided by the National Crime Records Bureau) in order to draw the attention of the readers. They do so in the following ways: * Compare the absolute number of farm suicides (viz. suicide by cultivators + suicide by agriculTural labourers) across regions/ states for a particular time point or time period...
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