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RCEP: A rural disaster -Vijoo Krishnan

-The Hindu Business Line It will deepen the ASEAN FTA impact Fast-paced moves are on to conclude the talks on the Regional Comprehensive Economic Partnership (RCEP) and seal an agreement. There have been noises of protest from the Congress Party which was the chief architect of the India-ASEAN Free Trade Agreement (FTA) and numerous other FTAs in the pipeline. Protests even from within the Sangh Parivar have not deterred the Modi government...

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Economic crisis: Why it suits neoliberals to point fingers solely on demonetisation 'shock' -Prabhat Patnaik

-Newsclick.in The roots of the present economic slowdown squarely lie within the neoliberal trajectory, which has led to a crisis of overproduction. Demonetisation and ‘hasty’ GST only aggravated it. With former prime minister Manmohan Singh resurfacing on the political landscape and articulating once more the orthodox neoliberal position, one can now clearly discern three distinct perspectives on the current economic slowdown. The first is the orthodox neoliberal position that Singh has now articulated....

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Dr. Manmohan Singh, former Prime Minister of India, interviewed by Richa Mishra (The Hindu Business Line)

-The Hindu Business Line The government must simplify and rationalise GST, kickstart rural consumption, revive agriculture and tackle the lack of credit for capital creation, says former PM Former Prime Minister Manmohan Singh, an eminent economist himself, feels that the Narendra Modi-led government needs to come out of its habit of headline management and address the economic challenges which the country is facing today. “We cannot afford to deny that India is facing...

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Explained: Why kurki ban on farm land is not working in Punjab villages -Anju Agnihotri Chaba

-The Indian Express Kurki is attachment of farmers’ land by banks or arhtiyas/sahukars/traders (commission agents and private money lenders) in the event of non-payment of loan or debt. Two years after Punjab government notified a ban on kurkis or attachment of farmers’ land by banks in the event of their defaulting on loan payments, several such cases are taking place daily across districts in the state’s Malwa region. Here’s why. * What...

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New Andhra Pradesh Cultivators Act Unlikely to Solve Tenant Farmers' Problems -G Ram Mohan

-TheWire.in Unless the state government has a system to ensure that landowners sign tenancy agreements, the new Act may not bring in any noteworthy changes. On July 25, soon after coming to power with an absolute majority, the Yuvajana Sramika Rythu Congress Party-led state government passed the Andhra Pradesh Crop Cultivators Rights Act, 2019. The promises made to farmers by the YSRCP in the run up to the polls had elicited great hope...

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