-The Hindu India risks losing benefits of the demographic dividend by not creating enough jobs for new entrants, warns Professor Mehrotra. Santosh K Mehrotra, Professor of Economics at the Centre for Informal Sector & Labour Studies at Jawaharlal Nehru University and author of the recently launched book Reviving Jobs: An Agenda For Growth said the current reverse migration has set the country back by 15 years, and stressed that the economic stimulus...
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The Modi Sarkar’s Project for India’s Informal Economy -Barbara Harriss-White
-TheWire.in From demonetisation to GST and now the lockdown, the government's policies towards the 'unorganised sector' has spelt nothing but rack and ruin. What has the BJP-led government of Narendra Modi done since 2014 that does not suggest it wishes to destroy the informal economy, also known as the unorganised sector? While the ‘unorganised’ informal economy now accounts for roughly half of India’s GDP – and is shrinking relative to the share of...
More »Will Indian Agriculture Come out Relatively Unscathed in FY'21? -Siraj Hussain and Jugal Mohapatra
-TheWire.in The outlook for kharif 2020 contains a few good signs, but much will depend on the monsoon. Since the harvesting of most rabi crops was completed in time, despite the nationwide lockdown from March 24 onwards, an impression has gained ground that all is well with Indian agriculture. It is true that due to extraordinary efforts made by government machinery, procurement of wheat in Punjab, Haryana and Madhya Pradesh has been more...
More »A new concern: early locusts -Parthasarathi Biswas
-The Indian Express Locusts normally arrive during July-October, but have already been spotted in Rajasthan. At a time India is battling Covid, they present a new worry with their potential for exponential growth and crop destruction. On April 11-12, scientists at the Locust Warning Organisation (LWO) observed groups of grasshoppers at Sri Ganganagar and Jaisalmer districts of Rajasthan. But far from ordinary hoppers, these were desert locusts — the same destructive migratory...
More »Recent reports predict gloomy days ahead for the overall economy
Most reports and studies by official agencies, international think tanks and private entities indicate the cataclysmic impact of the coronavirus pandemic on the economy and society. They anticipate that lockdowns imposed by various countries across the globe to reduce the exponential diffusion of COVID-19 (i.e. for flattening the curve by social distancing and quarantines) would adversely affect economic growth and disrupt supply chains in most sectors, on top of causing...
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