-Economic and Political Weekly The powerful feedback mechanism of raising growth and inequality simultaneously combines restraint on government welfare spending, wilful default of bank loans by corporate houses and land acquisition for them. This creates not just a vicious circle but a rising and expanding spiral driven by a strategy of promoting the climate for private investment. Please click here to read more. ...

A recently released report shows that only a few enterprises belonging to the labour-intensive Micro, Small and Medium Enterprises (MSME) sector could take advantage of the 205 number of public schemes (available in October 2015) of various Ministries or Departments of the Government, as listed at the website www.clusterobservatory.in.   (Please click here to access the report on MSMEs and the challenges they face). Prepared by the Foundation for MSME Clusters...

-Business Standard The efficacy of farm debt waivers is ambiguous, but it has proved to be a potent potent weapon in the run-up to elections With elections round the corner in agrarian states of Uttar Pradesh and Punjab, Congress vice president Rahul Gandhi, his party’s Punjab chief ministerial candidate Amarinder Singh and Aam Aadmi Party (AAP) chief Arvind Kejriwal are trying to woo farmers of the two states with promises of farm...

-The Hindu The proposed labour reforms seek to weaken worker protection at a time when the Indian economy is not creating enough jobs, and the right kind of jobs. On September 2, 10 trade unions in India organised what was said to be one of the largest labour strikes in history. An estimated 120 million workers took part. The unions were protesting against the government’s unwillingness to grant a 12-point charter of...

-Frontline The inability to resolve pressing problems with respect to the production, distribution and availability of food is one of the important failures of the entire economic reform process. IN the fateful month of July 1991, when the devaluation of the Indian rupee presaged the introduction of a whole series of liberalising economic reforms, agriculture was very far from the minds of most policymakers and commentators. The immediate focus was on...