-TheWire.in Agriculture in the state needs a new paradigm, one that acknowledges the scarcity of interlinked resources and the costs of their use. Recently, experts from Punjab Agricultural University advised farmers in the state to reduce the area taken up by the cultivation of basmati, predicting a crash in basmati prices due to huge carryover stock. Last year, the state produced 18 million tonnes of paddy and contributed a record 9.4 million...
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Second thoughts on the market model -Pritam Singh
-The Tribune A confession by IMF economists in the flagship magazine stating that the kind of growth promoted by neoliberalism promotes inequality has created a buzz. Once in a while, something unexpected happens so stunningly that one finds it unbelievable in the first instance. A group of three economists in IMF's research department has written a joint paper criticising some key aspects of IMF's creed of neo-liberalism. It appears as unbelievable as...
More »MSP hike: A pay cut for farmers? -Sayantan Bera
-Livemint.com Nominal hikes in crop support prices means that farmers are bearing the burden of government policy to keep food inflation in check New Delhi: The Narendra Modi led government has set a target to double farm incomes by 2022, but in the past three years it announced only nominal hikes for support prices of rice and wheat. What’s more: the raises were lower than the prevailing retail inflation, meaning declining...
More »TCA Anant, Chief Statistician of India, speaks to Dilasha Seth and Indivjal Dhasmana
-Business Standard As economic growth came in at 7.9 per cent in the fourth quarter of 2015-16, many argue that much of it could be attributed to discrepancies. Chief Statistician of India T C A Anant dispels these notions. He tells Dilasha Seth and Indivjal Dhasmana that the principal method of calculating the gross domestic product (GDP) is by taking into account the production-side estimates and not an expenditure one. Edited...
More »Bonded labourers, sex workers, forced beggars: India leads world in ‘slavery’ -Faizan Haider
-Hindustan Times India has the largest population of modern slaves in the world with more than 18 million people trapped as bonded labourers, forced beggars, sex workers and child soldiers, a global survey report said on Monday. The Global Slavery Index by human rights organisation Walk Free Foundation said the number was 1.4% of India’s population, the fourth highest among 167 countries with the largest proportion of slaves. “Existing research suggests all forms...
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