-Hindustan Times New Delhi: In chasing higher and higher GDP growth rates, India tends to gloss over two vital facts. One, farm growth cuts poverty twice as fast as industrial growth. Two, a 1% rise in agricultural output raises industrial production by 0.5% and national income by 0.7%, according to one calculation. In other words, the country’s fortunes are structurally tied to its farmers. Two-thirds of Indians rely on a farm-based income....
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Oxford's Joshi proposes basic income for all -Ishan Bakshi
-Business Standard This policy involves providing products and services such as electricity and fertilisers at below-market prices New Delhi: While much of public discourse in India has tended to focus on expanding the current subsidy regime to help the poor, Vijay Joshi, economist at Oxford University, advocates shifting to a universal basic income, replacing all government subsidies with a single cash transfer to all citizens, providing them with a basic income guarantee. At...
More »Pulses and cereals are key worries in inflation -Ishan Kumar Bakshi & Indivjal Dhasmana
-Business Standard The latest bout of retail inflation was caused by vegetables, but prices of these items are not as worrisome as those of pulses The latest bout of Consumer Price Index (CPI)-based inflation was caused by vegetables, but prices of these items are not as worrisome as those of pulses, which saw a slight moderation in June. Besides, inflation in cereals has been rising modestly, but if not checked this could...
More »While India Hankers For Global High Table, Many Struggle For A Decent Meal -Jyoti Malhotra
-HuffingtonPost.in Bindeshwar Sahu, a grain dealer, lives in Nauhar village in the Barheta panchayat of Bihar’s Banke Bazar block, a couple of hours away from the Buddhist township of Bodh Gaya. In early June, economists Jean Drèze and Reetika Khera, actively campaigning for the Right to Food Act, and their team of surveyors requested the Block Development Officer (BDO), Sanjay Kumar, to look into Nauhar’s persistent complaints of irregularities into the...
More »India needs to realize it has an image problem: Joseph Stiglitz -Arundhati Ramanathan and Nidheesh MK
-Livemint.com economist Joseph Stiglitz says govt clampdown on NGOs such as Greenpeace and Ford Foundation and the JNU row shine a poor light on India globally Bengaluru: Nobel Prize-winning economist Joseph Stiglitz has a blunt message for Prime Minster Narendra Modi: India has an image problem after the government’s clampdown on non-governmental organizations (NGOs) and its actions against students of Jawaharlal Nehru University (JNU). “Some issues have got a lot of public...
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