-AlJazeera.com How rising debts, pesticides and erratic rainfall are pushing some farmers in southern India to suicide. Karnataka: Farmers have worked the land of southern India for more than 10,000 years, making use of its fertile soil and abundant rains. Mahatma Gandhi placed Indian farmers at the centre of his vision for independence. In his 1909 book about Hind Swaraj (Indian Home Rule), he argued that farmers had "managed with the same kind...
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Why Are Global Trade Rules Not on the Agenda During Indian Elections? -Shalini Bhutani
-TheWire.in In a country where a majority of the population is engaged in increasingly unviable agriculture, shouldn’t politicians talk about the trade rules that make it so? One cannot help but draw parallels between the elections in the US and those in the states in India. While it is best left to psephologists to analyse voting patterns and election results, it’s telling to compare the issues on which the elections are...
More »How the Black Economy Grew in Post-Independence India -Arun Kumar
-Caravan Magazine Arun Kumar is an eminent economist who has been studying the black economy in India for close to four decades. His 1999 book The Black Economy in India is among the foremost accounts of the black-money problem in the country. In Understanding the Black Economy and Black Money in India: An Enquiry into Causes, Consequences and Remedies, released in February 2017, Kumar discusses the misconceptions around black money, the...
More »Amartya Sen, Nobel Laureate and economist, speaks to Suvojit Bagchi (The Hindu)
-The Hindu The truth may ultimately prevail about demonetisation, but the government might be able to maintain the loyalty of a large part of the public for a long time, says Amartya Sen More than two months after the demonetisation, Nobel Laureate and economist Amartya Sen says that any proper “economic reasoning could not have sensibly led to such a ham-handed policy.” He predicts that the demonetisation will hit the economy quite...
More »Utsa Patnaik, professor emeritus at Jawaharlal Nehru University, interviewed by TK Rajalakshmi
-Frontline.in Interview with Utsa Patnaik, professor emerita of economics, Jawaharlal Nehru University. By T.K. RAJALAKSHMI THE FALLOUT of the decision of the National Democratic Alliance government to demonetise currency of higher denominations has been felt across all sections of people. There are concerns that it will lead to an overall economic slowdown given the acute shortage of currency for industrial and agricultural operations. The impact on agriculture and those dependent on agriculture...
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