-Livemint.com The government will have to ensure its spending improves economy-wide productivity, and its own revenue-generating capacity, to avoid a stagflationary trap After dithering on a fiscal stimulus package for nearly a year, India’s finance minister Nirmala Sitharaman has declared that she will not allow the fiscal deficit number to worry her too much as she pushes spending to revive growth in the upcoming budget. The government hopes that growth will generate higher...

-TheWire.in Researchers have found that small and marginal farmers and Dalit landless labourers are worst affected by the region's agrarian distress. Sangrur/Patiala (Punjab): In the villages of Punjab, strike a conversation on farming  expenses with anyone, and they will say, “Karja tan hai hi (Of course, we have taken loans).” It’s these loans – from both institutional and non-institutional sources – that largely help the rural economy run in the state. But...

-Hindustan Times The note, which has been reviewed by HT, paints a grim picture of the global economy going forward, does not rule out something like the Great Depression of the 1930s, and sees a rise in poverty, unemployment and Debt. The Covid-19 pandemic will transform the global economic order for worse, with a “market subverting” China emerging as the alternative pole to the US, says a background note of the Niti...

-Civil Society News When the lockdown began to ease in June, migrant workers who had left Ahmedabad for their villages started returning to the city in the hope of finding some employment. It hasn’t been easy. Industrial areas haven’t opened up fully and employers are going slow on taking on workers. Sunk in Debt with insecure work, hunger now stalks migrant workers. Entire families have been living out in the open on worksites....

-CaravanMagazine.in The sky had been overcast all day in Gharachon village, in Punjab’s Sangrur district. It was cold and by evening, it started to rain. None of that deterred Gurmail Kaur, as she prepared for the “Chalo Dilli” rally for the next day—an “onwards to Delhi” march called by farmers’ organisations of Punjab, to protest the three farm laws recently enacted by the Narendra Modi government. The plan was to reach...