-TheWire.in Mexican economist David Barkin on India's neoliberal economics, growing inequalities, agrarian distress and more. David Barkin is Professor of Economics at the Metropolitan Autonomous University in Mexico City. He received his doctorate in economics from Yale University and was awarded the National Prize in Political Economics in 1979 for his analysis of inflation in Mexico. His research has focused on the development of an alternative to the capitalist economic model. In an...
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North-eastern states live in fear of drought -Akshit Sangomla
-Down to Earth Monsoon ditched them so bad that they stare at lowest rain deficit in 13 years This year, the north-eastern region of India has been witness to a series of weather anomalies. According to the Indian Meteorological Department (IMD), the eastern and north-eastern regions have together received 31 per cent less rainfall than normal in this south-west monsoon (SWM) season as on July 25, 2018. If the scenario does not...
More »As the milk glut intensifies, farmer protests are likely to spill over -Sayantan Bera
-Livemint.com Together with large stocks of sugar and higher planting of sugar cane, the surplus situation in Indian agriculture is set to worsen, fuelling another round of farmer protests as states like Madhya Pradesh, Chattisgarh and Rajasthan goes to polls Pune/ New Delhi: Karan Ramdas Atole’s dairy farm is a neat brown square of cleared ground surrounded by lush green sugarcane fields. A mechanical engineer by training, 25-year-old Atole took a loan...
More »Solving the mystery of missing employment data in the Indian economy -Himanshu
-Livemint.com The prime minister is partly right in the sense that the most authoritative data on employment-unemployment from the periodic NSSO were not available after 2011-12 In an interview given to Swarajya magazine earlier this month, Prime Minister Narendra Modi lamented the lack of data on jobs in the country. This was in response to a question on why the economy is not creating jobs. The prime minister is partly right...
More »Govt's flip-flop on jobs data continues, impacts credibility -Prashant K Nanda
-Livemint.com The ministry of statistics claims that the payroll data for the most recent months are provisional and again, data for every month is being revised New Delhi: The government’s latest payroll data sourced from the Employees’ Provident Fund Organisation (EPFO) points towards the fact that earlier growth numbers may have been exaggerated. In April, when the centre first released the jobs data, it said that between September 2017 and February 2018, India...
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