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Trajectory of distress: From farm to factory

-The Economic Times Blog Two apparently unrelated events — a sharp fall in factory output growth and a spike in consumer price inflation —point to deep problems underlying the economy. September industry growth fell to 3.6%, the lowest in four months. Meanwhile, the consumer price index (CPI) went up to 5% in October, higher than the consensus estimate of 4.8%, headed north for the third successive month. The rise in prices is driven...

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Don’t dismantle, reform -Sonalde Desai

-The Indian Express There is evidence to suggest that with a few modifications, MGNREGA can dent poverty. There are few government programmes that excite as much passion as the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). For advocates, it is a lifeline for the rural poor. For critics, it is a programme that distorts labour markets and does far more harm than good. In this partisan quicksand, it is hard to...

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India shining, Bharat whining -Ashok Gulati and Prerna Terway

-Financial Express The country must double its support to farmers, from the current levels of about 6-8% of the value of agri-output It was in the mid-1980s that the ‘India-Bharat’ phraseology was fist pushed into political jargon, by farmers’ leader Sharad Joshi, with ‘India’ representing the urban elite of the country and ‘Bharat’ synonymous with its neglected rural folk. Joshi, at the time, was leading lakhs of farmers protesting against anti-farmer policies,...

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Rising food prices to hit rural India in 2016

-Reuters India's villages face a sharp spike in food prices in 2016, as a second year of drought drives up the cost of ingredients such as sugar and milk, and poor transport infrastructure stops falling global prices from reaching rural areas.  India's first back-to-back drought in three decades also complicates government spending calculations as Prime Minister Narendra Modi tries to prune a subsidy regime that has long propped up the Rural Economy,...

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Will the JAM Trinity Dismantle the PDS? -Silvia Masiero

-Economic and Political Weekly The platform known as the JAM Trinity (an acronym for Jan Dhan Yojana, Aadhaar and mobile numbers) may enable a shift from the current Public Distribution System, based on price subsidies, to the direct transfer of benefits. However, it is incorrect to argue that JAM technologies will necessarily lead to the demise of the PDS. State-level experiences of computerisation, recounted here, reveal that the same technologies can...

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