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The spectre of unemployment -Raghavan Srinivasan

-The Hindu Sans quality jobs, ‘aspirational young India’ will become ‘angry young India’ The government – and Paytm – may not agree, but there are some downsides to the rising digitisation and connectivity. One is an unleashing of aspirations. Everyone wants not just what Bengal’s leftists used to contemptuously dismiss as components of the middle-class Indian dream — gaadi, baadi, chaakri (car, home, job) — but a whole lot of other things....

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No clear-cut trend in economy going cashless

Paytm's founder Vijay Shekhar Sharma was in the news recently for signing a deal to purchase a Rs. 82 crore worth property in Lutyens’ Delhi. He is credited with the growth of Paytm's mobile wallet services, which is currently being used by over 220 million users across the country. Although Paytm was launched in 2010, the popularity of its mobile wallet services and payment gateway among the ordinary citizens grew...

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Waiving farm loans is not only bad for the economy but also detrimental to interests of the farmer -Ram Singh

-The Economic Times blog Farmers, from Punjab in the north to Tamil Nadu in the south, have started agitations demanding farm loans be waived. The Uttar Pradesh and Maharashtra governments have already considered it politically expedient to write them off. Some other states may follow the suit. However, such decisions are as misguided as they are misleading. Nonetheless, it will be a mistake to treat the agitations as a domino effect of...

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Two charts show why western Madhya Pradesh became the epicentre of violent farmer protests -Mridula Chari

-Scroll.in Soyabean, the main crop of Malwa region, has seen a sharp fall in prices. As a small-time commission agent who buys soyabean from farmers on behalf of oilseed crushing companies in Indore, Manilal Patel has a ringside view of what sparked the farmer unrest in western Madhya Pradesh this month. The fertile Malwa plateau here produces around 20% of India’s’s soyabean. As much as 80% of the crop used to be...

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The best of times, the worst of times -Mihir Shah

-The Hindu Without government support, farmers pay the price for a bumper crop they labour so hard to produce The ongoing farmers’ agitation has taken on a shockingly violent form. Discussion has revolved around an apparent paradox: why are farmers rioting after a bumper crop? But any student of economics knows that prices fall after bumper harvests, which is good for consumers but terrible for farmers. This is why the government needs...

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