-NetworkIdeas.org A slew of numbers released recently point to rather peculiar and contrary trends in India’s balance of payments. Exports have revived but the trade and current account deficits widen, pointing to an excess of foreign exchange expenditure relative to earnings. While the widening current account deficit points to a weakening balance of payments position, foreign exchange reserves are at record levels. The foreign exchange reserve increase is funded largely by capital...
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Crop prices and farmers' unrest -cp chandrasekhar and Jayati Ghosh
-The Hindu Business line Distressed farmers are demanding loan waivers, but that should not deflect focus from what needs to be done and undone to address the root cause of the agrarian crisis The farmers’ unrest across the country, and particularly across several BJP-ruled States, appears to have caught the central government by surprise. But it should really not have done so. Ever since candidate Narendra Modi in 2014 promised the farmers...
More »South India spends most on higher education
-The Times of India MUMBAI: Education may be priceless, but the promise of a degree has seen parents across India foot large bills. Those from the rural and urban pockets of southern states spend the most, largely sign up at a private university and finance their children's dream of a technical education. On average, higher education accounts for 15.3% of the total household expenditure in rural and 18.4% in urban areas....
More »The De-digitisation of India -cp chandrasekhar and Jayati Ghosh
-Macroscan.org/ The Hindu Business Line Despite the government's efforts to digitise the Indian economy forcibly, non-cash forms of payment appear to have declined as more currency has been made available to the public. This points to major flaws in the government's coercive approach and the underlying rationale for cashlessness. Please click here to read more. * This article was originally published in the Business Line on April 24, 2017. ...
More »India Will Be Hard-Pressed to Find Another Anupam Mishra -Himanshu Thakkar
-TheWire.in In November, after a very cogent public speech on India’s rivers, he was completely exhausted and in pain. But that he came anyway showed his dedication. “I need to go and pay respect to the people fighting for India’s rivers” insisted the weak Gandhian, barely able to walk, on November 28. In his speech at the India Rivers Week’s inaugural ceremony on that day, Anupam Mishra, with his characteristically wry humour,...
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