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A new deal for the farmer -Yashwant Sinha

-The Indian Express A Basic Income Scheme for the farmer will not tax the government’s resources. But it could stem the tide of distress in the countryside. The neglect of Indian agriculture by the NDA government, despite the tall promises in the BJP election manifesto of 2014 has been the cause of untold suffering of the Indian farmer over the last four years. This has led to large-scale farmers suicides and...

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Why number of hungry is rising -Harish Damodaran

-The Indian Express After number fell from 2003 to 2014, UN data find trend reversed. Yet since 2014, global farm commodity prices have been falling. Here is why that has not stopped the rise in the number of hungry people A decade-long phenomenon of the number of undernourished people in the world falling between 2003 and 2014, both in absolute terms (from 961.5 million to 783.7 million) and relative to total...

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India's GDP Debate: What Explains Reduced Growth Rates Under the UPA? -R Nagaraj

-TheWire.in How correct was it for the Central Statistics Office to have selectively used contested methods for preparing the back series data? The spotlight is back on India’s growth rates, three years after the gross domestic product (GDP) data using the 2011-12 base year was released. Before trying to delve into the controversy surrounding the back-series data – which saw GDP growth from 2006-2012 reduce significantly – it is important to understand how...

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Kisan politics shows the way to a possible populism -Mukul Kesavan

-The Telegraph There is something heroic about tens of thousands of farmers marching and wringing concessions from a BJP state government The farmers’ rally in Delhi, the Kisan Mukti March, organised by the All India Kisan Sangharsh Coordination Committee (AIKSCC) happened the day after the assembly elections in Madhya Pradesh and just before the assembly elections in Rajasthan. The politics of the rally was different from the politics of elections but the...

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Q2 GDP growth slows to 7.1% from 8.2% in Q1 -TCA Sharad Raghavan

-The Hindu Various ratings agencies had predicted such a slowdown in the second quarter due to the impact of rising oil prices on input costs, and also due to the effect of the rupee devaluation. New Delhi: Second-quarter GDP growth slowed to 7.1%, from 8.2% in the preceding three-month period, official estimates released on Friday show. Gross Value Added (GVA) growth eased to 6.9% in July-September, from 8%. The GDP expansion in the...

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