-Scroll.in India's social-sector spending remains woefully low and despite claims of being a pro-farmer Budget, the effective allocations are nearly the same as last year. Some commentators expected that the Union Budget 2017-’18 would craft a sharp departure from earlier budgets of this government. This it would do to mitigate the immense suffering of millions of casual workers, farmers and small traders caused by the “shock and awe” of the astoundingly callous...
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Union Budget 2017-18: Urgent Need for an Improved Farm Debt Waiver Scheme -Ishan Anand
-TheWire.in Despite all the talk of a big push to the agricultural sector, the last Union Budget turned out to be a missed opportunity to provide genuine relief to farmers. The government must rectify this. The finance minister will be presenting the Union Budget 2017-18 at a time when the agrarian economy is in deep crisis. The farmers of the country have been suffering from a longstanding neglect of the sector, which...
More »What demonetisation-induced migration has exposed in Uttar Pradesh: A rural job scheme in shambles -Dhirendra K Jha
-Scroll.in Panchayats have no funds to hire and pay hordes of workers forced to return home from cities. Demonetisation has exposed the fragile state of the government’s Mahatma Gandhi National Rural Employment Guarantee Scheme. In Uttar Pradesh, in particular, an ever-burgeoning army of migrant labourers returning to their villages for lack of work in the cities, as a direct result of the cash crisis, has led to a mad scramble for employment...
More »Utsa Patnaik, professor emeritus at Jawaharlal Nehru University, interviewed by TK Rajalakshmi
-Frontline.in Interview with Utsa Patnaik, professor emerita of economics, Jawaharlal Nehru University. By T.K. RAJALAKSHMI THE FALLOUT of the decision of the National Democratic Alliance government to demonetise currency of higher denominations has been felt across all sections of people. There are concerns that it will lead to an overall economic slowdown given the acute shortage of currency for industrial and agricultural operations. The impact on agriculture and those dependent on agriculture...
More »Govt admits big gaps in urban work force -Basant Kumar Mohanty
-The Telegraph New Delhi: About 57.57 per cent of India's urban population of 300 million has no source of income, socio-economic data released by the government last week suggests, prompting at least one analyst to wonder if this was the reason people were willing to queue up for the whole day to exchange cash. Thirty-seven per cent are engaged in work ranging from begging to government jobs, earning some income. About 5.90...
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