-The Hindu The Chief Minister says he has delivered good governance and prosperity, but data show otherwise As Bihar goes to the polls, it is important to scrutinise Chief Minister Nitish Kumar’s repeated claims about delivering ‘sushasan’ (good governance) and ‘taraqqi’ (prosperity). Does the reality justify these claims? Or are these boasts similar to the ‘Gujarat Model’, merely effective as propaganda? Poor on many indicators Bihar’s economy has performed poorly under the Janata Dal...
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Bihar economy: Dragged by legacy issues, a slow, steady progress -Aashish Aryan
-The Indian Express Nitish’s 15 years have seen high growth, especially in welfare indices, spending; industries slower to catch up. New Delhi: As Bihar heads into an election that promises to be a battle of proxies fought between former and present allies, on the state’s economic conditions alone, Chief Minister Nitish Kumar seems to have a clear edge. The state has improved in the last five years in terms of growth of...
More »A Govt Unequal to the Task as Economy Sinks -Prabhat Patnaik
-Newsclick.in The significant fall in government expenditure during the lockdown is just the opposite of what the Modi government should have done. A striking aspect of the 24% decline in India’s GDP in the first quarter of 2020-21 compared with the first quarter of the last fiscal year is the decline by 10.3% in public administration, defence and other public services. This is a sector where the GDP (Gross Domestic Product) is...
More »Why rural consumption may not drive up growth -Sanjay Kumar
-Livemint.com Rural India was battling economic difficulties even before the pandemic. The pandemic-induced lockdown increased hardships even further. The historic contraction in India’s Gross Domestic Product (GDP) figure for the June-ended quarter has raised several questions on what the future holds, and what that contraction has meant for ordinary people. Macro-economic statistics can often fail to capture the diverse realities of a country as large as India, and hence it is useful...
More »Growth in agriculture is not remunerative to Indian farmers -Richard Mahapatra
-Down to Earth Exceptional growth in agriculture and acreage in kharif season precipitate a crisis like never before for farmers In recent times, agriculture made headlines for all the wrong reasons: Farmers quitting cultivation; the sector turning into a perennial loss-making enterprise; and the country’s official policy to downsize the dependence on agriculture to reduce overall economic hardship among the poorest of the population. Agriculture’s fast-declining economic importance reached such an extent...
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