-Livemint.com While CSO’s GDP growth estimates will be a disappointment, it will very likely be explained away soon as the market tries to find new and innovative reasons to extend the rally For a few quarters, take all year-on-year (y-o-y) growth figures about the Indian economy with a pinch of salt. That’s because they will now be boosted due to the favourable effect of a low base. Since demonetisation and the introduction...
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Why farmers don't have electoral clout -Avik Saha and Yogendra Yadav
-Down to Earth Although farmers vote at least as much, if not more than industrial workers or urban middle classes, elections are not fought around farmers' issues Elections are about numbers. Democratic politics is about stitching together a majority. So, the larger a group, the bigger is its “vote bank”, and greater is its electoral clout. A social group that constitutes a majority can therefore dictate its terms in an electoral democracy....
More »Farmer-politics is a self-defeating exercise in today's India - Roshan Kishore
-Hindustan Times Herein lies the crisis of farmer politicians. They have neither aspirations nor the power of coercion working for them. Rural distress dominated discussions around the political-economy in 2017, and will likely continue to do so in 2018, much to the consternation of political incumbents. Those in opposition will be looking forward to harvesting this anger for their own benefit. One question is worth asking though. Where is the farmer-politician in...
More »Huge push likely for MGNREGS rural jobs scheme in 2018 -Yatish Yadav
-The New Indian Express NEW DELHI: The last full Budget of the NDA government is likely to give a major push to the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) by earmarking more funds for it. Sources said Budget 2018-19 will allocate around 20 per cent more for the rural jobs scheme compared to last year. The flagship scheme, started by Manmohan Singh’s UPA regime, is benefiting about 11 crore active...
More »New territory, says Arun Jaitley as House passes Insolvency Bill -Rahul Tripathi
-The Indian Express Over-inclusive, says Chidambaram, it keeps out even those convicted of non-financial crime As Rajya Sabha cleared the Insolvency and Bankruptcy Code Amendment Bill Tuesday, Finance Minister Arun Jaitley said the government has entered unchartered territory and would continue to modify the law. “Insolvency and bankruptcy is an area in which it is only in recent years that we have chartered into. It is a learning experience,” Jaitley said in...
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