-Newsclick.in The deeper rot in agriculture can be overcome through more far-reaching reforms, starting from an overhaul of pre-capitalist land relations and relations of production that continue to shackle productivity and are at the root of aggravating poverty, unemployment and inequality in rural India. It has been more than five months since farmers from different parts of the country began protesting in Delhi. They have been unflinching when it comes to their...
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Why public employment is crucial for a healthy, equitable society -Jayati Ghosh
-Scroll.in Greater public employment ensures better deliver of public services to citizens. This is an excerpt from the sixth edition of the India Exclusion Report, a collaborative effort involving institutions and individuals working with a shared notion of social and economic equity, justice and rights. The report seeks to inform public opinion around exclusion and the role of the state and to influence policy-making towards creating a more inclusive, equitable and just...
More »Ensure no trading takes place below MSP -Devinder Sharma
-The Tribune With APMC markets heading towards a collapse, the new set of reforms is aimed at encouraging corporatisation, with big business moving into agriculture, storage and marketing. As the experience of US/Europe shows, when unregulated markets become dominant, small farmers are the first to be pushed out of agriculture. Reiterating what former US Agriculture Secretary Earl Butz (during Ronald Reagan’s rule) had declared: “Get big or get out,” Sonny Perdue, US...
More »Explained: With better monsoon, what is the outlook for India’s farm sector? -Udit Misra
-The Indian Express More and better-distributed rainfall this year is likely to result in higher sowing, higher production, productivity and Profitability for the agriculture sector. While it is clear that India’s broader economy will contract this year, it is also true that well-distributed rainfall has meant that the agriculture sector per se may be quite productive this year. A new report by Crisil throws light on the prospects of the farm sector. Here’s...
More »Explained: How the latest corporate tax rate cut impacts the economy -Udit Misra
-The Indian Express A cut in personal income tax or GST slabs would have spurred the economy more in the short term but the corporate tax cut is beneficial for the economy in the long term. Finance Minister Nirmala Sitharaman’s announcement to cut corporate tax rates on Friday morning was a welcome surprise for the Indian economy that has been struggling with growth deceleration. According to reports, the government has cut the...
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