-The Indian Express Mumbai: Even as Prime Minister Narendra Modi announced Friday that his government won't cut subsidies for the poor, it has now come to light that the BJP-Shiv Sena government in Maharashtra has already silently discontinued the food subsidy for nearly 2 crore people in the state. According to sources, the Devendra Fadnavis government has decided to discontinue supply of subsidised food grains to 1.77 crore people who were...
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PM Modi vows rapid change, unveils reforms agenda
-The Times of India NEW DELHI: Prime Minister NarendraModi on Friday vowed to push through change at a fast pace but said subsidies should be continued to protect the interests of the poor. Addressing the Economic Times Global Business Summit, the PM struck an optimistic note to say, "The New Age India has begun its transition, from a winter of subdued achievement lasting three to five years, to a new spring that...
More »Growth, Structural Change and Wage Rates in Rural India -A Amarender Reddy
-Economic and Political Weekly Examining the structural transformation in India and its developed states to know whether they have passed the Lewis turning point, this paper finds that there was slow structural change in labour markets at the national level. But states such as Kerala, Tamil Nadu, Himachal Pradesh, Punjab and Haryana are on the verge of the Lewis turning point with faster non-farm sector growth, high per capita income, urbanisation,...
More »Cash transfers, the lazy short cut -Mihir Shah
-The Hindu Alleviating poverty in india requires not only cash transfers but also other enabling changes Advocates of unconditional cash transfers claim that they can be both emancipatory and transformative. They argue that people are quite capable of making rational decisions. And that this kind of basic income support can improve their lives. I have no quarrel with the claim that we must trust the poor. Such suspicion is part of an elite...
More »India’s Wealth Is Rising. So Is Inequality -Prachi Salve
-IndiaSpend.com "Worldwide, inequality of individual wealth is extreme. At the start of 2014, Oxfam calculated that the richest 85 people on the planet owned as much as the poorest half of humanity. Between March 2013 and March 2014, these 85 people grew $668 million richer each day." That is the observation by Oxfam India, an NGO that works on issues relating to poverty and development, in its latest report on inequality...
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