In his Mann ki Baat address to the nation on 30th May, 2021, Prime Minister Shri Narendra Modi appreciated the fact that the farmers received "more than the minimum support price (MSP) for mustard" pertaining to the rabi production. One can easily guess from this statement of the PM that the mustard growers in Haryana (and elsewhere) preferred to sell their produce to private traders in the open market instead...
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Nobel winner Abhijit Banerjee calls for bigger government Cash payments to Covid-hit poor -Paran Balakrishnan
-The Telegraph Poverty research pioneer cites US, UK and EU experience; Niti Aayog vice-chairman disagrees, says there’s no guarantee ‘helicopter money’ will lead to spending Nobel laureate Abhijit Banerjee has stepped up to the firing line by arguing the government should make bigger direct Cash payments under the MGNREGA scheme to help people who have slid into poverty due to the pandemic. The government has already indicated it’s not keen on larger direct...
More »Odisha’s forest produce gatherers hit hard -Satyasundar Barik
-The Hindu In the pandemic, there aren’t enough buyers and government procurement is delayed For the second year running, forest dwellers across Odisha have been deprived of the right price for the Non-Timber Forest Produce (NTFP) gathered by them. With the COVID-19 pandemic disrupting local economies across the country, the NTFP market in Odisha has also suffered due to the absence of adequate buyers this year. “Last year, when the COVID-19 pandemic surfaced, forest...
More »Jean Dreze, the Belgian-born hunger economics expert, interviewed by Sindhu Bhattacharya (Moneycontrol.com)
-Moneycontrol.com Jean Dreze, the Belgian-born hunger economics expert, on the devastation of Covid, what plagues MNREGA, central government’s relief measures, stimulus packages, vaccination drive and more. The big lesson from the havoc wrought by Covid-19 is that India must abandon the “fragmented” US model of healthcare, which is a colossal failure, according to developmental economist Jean Dreze. A Belgian-born hunger economics expert who has co-authored books with Nobel laureates Amartya Sen and...
More »How Second Wave Is Decimating Rural Economy -Rohit Inani
-IndiaSpend.com The government has said that the economic impact from the second Covid-19 wave will be less than that of the first. But economists point to signs of a growing rural economic crisis, and call for urgent relief measures to ward off long-term damage. Siolim, Goa: Ramesh Ram, 31, is listed as a textile industry staff worker in the administration's database of migrant workers in south west Bihar's Kaimur district. But for...
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