-The Tribune Farmers are determined to take it to a logical conclusion SOMETHING unusual happened last week. Farmers in Maharashtra organised an amazing ‘strike’. Last month farmers in a village of Ahmednagar decided that they would stop sending their produce — food grains, vegetables, etc. — to cities from June 1. Soon, the call was adopted by the farmers of the entire district. Before anyone could realise, this resolve had extended to...
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The Indian economy finally bares its demonetisation scars -Manas Chakravarty
-Livemint.com Very low GDP growth in the fourth quarter indicates that the slowdown is likely to persist in the current quarter as well Finally, the impact of demonetisation is visible in the gross domestic product (GDP) numbers. Gross value-added (GVA) growth at constant prices fell to a mere 5.6% in the fourth quarter of fiscal year 2017 (FY17), clearly showing the scars of demonetisation on the economy. That’s not all. The headline growth...
More »The Centre Has Abdicated Its Responsibility to Farmers Through Its Pricing Policies -Kavitha Kuruganti
-TheWire.in The insurance coverage in 2015 was 22.3%, with a government expenditure of Rs 2,955 crore. But by spending 4.5x since, how does the government admit to a coverage of only 23%? Farmer suicides and agrarian distress have likely never been among the national public debates as they are right now. A group of Tamil Nadu farmers, whose protests in New Delhi were dubbed ‘bizarre’ but who were actually desperate for debate and...
More »In largesse we trust
-The Hindu Two separate decisions on farm loan waivers could have a domino effect Chairing his first cabinet meeting after taking over the reins in Uttar Pradesh, Chief Minister Yogi Adityanath approved a write-off on outstanding farmer loans of up to Rs. 1 lakh taken before March 31, 2016. The State cabinet also decided to waive loans worth Rs. 6,000 crore extended to small and marginal farmers that had turned into non-performing...
More »MGNREGA lesson for universal basic income: Once introduced, there's no going back -Aurodeep Nandi
-The Financial Express The one irrefutable lesson from MGNREGA, is that once introduced, there will be no going back India is one of the most unequal countries in the world. In terms of Gini coefficient, i.e., measure of income inequity, India ranks a dismal 135 out of 187 countries. This means that most of the prosperity that an increasingly economically liberalised India is seeing, belongs primarily to the top-income percentiles. One in...
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