-The Hindu The slowdown in private investments is visible chiefly in the informal sector, not the corporate sector It is now well recognised that there is an investment slowdown in India, which is delaying a full-blooded recovery in the economy. Private investments, the principle engine of growth, are out of steam. The fall is so severe that it has more than offset the government’s macroeconomic stimulus of increased public investments. The slowdown started...
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Another Budget, Another Year of Ignoring Binding Laws on Rights -Nikhil Dey and Aruna Roy
-TheWire.in The making of the Union Budget has been a far too secretive and hidden exercise. Social sector expenditure and allocations related to policy announcements should be matters of open ongoing debate. On December 20, 2017, a group of 60 eminent economists sent an open letter to the Finance minister stating: “We are writing to draw your attention to two urgent priorities for the forthcoming budget.” The first was to increase the central...
More »Issues of Marginalized Sections: Analysis of Union Budget 2018-19 by Delhi Solidarity Group
-Press Release by National Alliance of People's Movements (NAPM) The Delhi Solidarity Group (DSG) has come out with a critique of the Union Budget 2018-19. Please click here to access the report by DSG entitled: Issues of Marginalized Sections: Analysis from the perspectives of Handloom, Fisheries, Dalits, Adivasis, Forest, Agriculture, Banking and Financing, Urban Housing, Rural Development, Land & Higher Education. The following civil society organizations have contributed for the preparation...
More »Uttar Pradesh's Hot Potato: Another Farm Crisis Ignored -Kabir Agarwal
-TheWire.in Despite knowing the problem, both the state and central governments have failed to address the crisis that UP’s potato farmers are facing. Devi Singh (46) grows potatoes in the rabi season in Saras, a village of 1,200 people in Mathura, part of Uttar Pradesh’s potato belt. In 2017, he suffered massive losses as the price of potatoes in the wholesale market fell well below the cost of production. Last Thursday, he...
More »Budget 2018 and Agriculture: MSP promise fails to cut ice with farmers -Parthasarathi Biswas
-The Indian Express For farmers like Bhawane, it’s not the promised MSPs, but the prices for the chana and tur/arhar (pigeon-pea) they would be selling in the next fortnight or so that’s the real concern. Latur: Dhananjay Bhawane has little hope of the standing chana (chickpea) crop on eight out of his 10-acre field fetching anywhere near the government’s minimum support price (MSP) of Rs 4,400 per quintal, when it is...
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