-TheWire.in Instead of giving freebies to the affluent, Sitharaman should have announced additional government spending in MNREGA and plans for filling vacancies in government jobs. After holding out for seven weeks, following her maiden budget, Nirmala Sitharaman finally blinked. For about a month now, pink papers and business-friendly pundits had been crying foul about India Inc’s shrinking sales. But, since you can’t sell a sob story about the rich, it was spun to...

-Business Standard/ India Spend For the first time since Independence, India saw a shift of surplus labour from agriculture to the non-agricultural sectors Although income mobility improved country-wide in the seven years to 2012, the progress was unequal between states, while the likelihood of children pursuing the same occupation as their fathers declined for those employed in the low productivity agricultural sector, noted a January 2019 study on economic mobility. Farmers’ children were...

-TheWire.in Why asset redistribution is superior to income redistribution. Land and labour are two basic factors needed by rural people for income generation. While women have always played a key role in agricultural production, their importance both as workers and as farm managers has been growing in the last two decades as more men move to non-Farm Jobs – leading to an increased feminisation of agriculture. However, ownership of land is concentrated mostly...

-Down to Earth Farmers and farm labourers, who want to quit agriculture, are stuck in the non-remunerative work since other sectors are not generating jobs at the required rate We are fairly sure by now that the upcoming Budget would be the first government instrument towards the prime minister’s ambitious plan of making India a $5 trillion economy by 2024. Currently, India is nearly a $2.8 trillion economy. It is obvious we...

In a recent blog post, Columbia University professor Arvind Panagariya mentions that the critics of the present Prime Minister of India failed to underscore ‘employment rate’ -- flip side of unemployment rate -- that stood at nearly 94 percent according to the report on Periodic Labour Force Survey 2017-18. A recent article by Dr. Vikas Rawal and Prachi Bansal, however, points out that in order to understand the problem of joblessness...