-The Indian Express If we truly want to ensure the livelihoods of our farmers and provide safe, healthy, nutritious food for our consumers, it is imperative to make policies that go beyond the productivity trope and populist posturing. Proponents of the three new farm laws have claimed that they will engender competition in agricultural markets and will give farmers a choice to sell wherever they like. The opponents of these laws, including...
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CEA Subramanian asks NSC to make junked consumer spending report public -Somesh Jha
-Business Standard The findings of the report, published by Business Standard in November 2019, showed consumer spending falling for the first time in over four decades in 2017-18. Chief economic advisor (CEA) Krishnamurthy Subramanian has asked the National Statistical Commission (NSC) to make public the 2017-18 consumer spending survey data. “The government had decided to not release the consumer expenditure survey report. But, earlier this year, NSC Chairman Bimal Kumar Roy received a...
More »Real power is with Centre, which holds the purse-strings in these fiscally-challenging times -Harish Damodaran
-The Indian Express Post 2014, two centralisations — of political and economic power — continue to reinforce each other, with profound consequences for the country and potential to define popular narrative in days ahead. The return of single-party dominance and its implications for politics after nearly 25 years of minority/coalition governments at the Centre (December 1989-April 2014) has been widely commented upon. As have concerns over rising corporate market power and their...
More »The Agrarian Crisis in Punjab and the Making of the Anti-Farm Law Protests -Shreya Sinha
-TheIndiaForum.in The protests in Punjab are happening at a time when the agrarian Economy is under stress. With increasing uncertainty, previously antagonistic groups across classes, castes & gender are coming closer, building a broader base for the agitation & beyond. Punjab’s farmers have been unrelenting in their opposition to the new farm laws passed in September. Their sustained and creative opposition continues to make headlines. The central government too remains adamant and...
More »RBI upgrades GDP forecast, expects Economy to shrink 7.5% this fiscal
-Livemint.com The Economy is recuperating faster than anticipated, the RBI chief said The Reserve Bank expects GDP to contract 7.5% this fiscal, said central bank chief Shaktikanta Das while announcing monetary policy committee decision to keep interest rate unchanged. This is an upgrade from the central bank's earlier forecast of 9.5% contraction in its October review. The Economy is recuperating faster than anticipated, the RBI chief said, adding that the recovery in...
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